Equity is a meaningful part of total compensation for most roles. This page explains the basics — for personalized details, review your grant agreement or contact HR.Documentation Index
Fetch the complete documentation index at: https://docs.yupvid.com/llms.txt
Use this file to discover all available pages before exploring further.
Grant types
We issue equity in two forms depending on company stage and employee level: Stock options (ISOs / NSOs) — The right to purchase shares at the strike price set at grant date. Options have value if the company’s fair market value rises above your strike price. RSUs (Restricted Stock Units) — A promise of shares delivered upon vesting. RSUs have value as long as the company has any value, making them lower risk than options. Your offer letter specifies which type you received.Vesting schedule
Standard vesting is 4 years with a 1-year cliff:- No shares vest until your 1-year anniversary
- 25% of your grant vests on the cliff date
- The remaining 75% vests monthly over the following 36 months
Exercising options
Options must be exercised to convert to shares. You have a window to exercise:- While employed: any time after vesting
- After leaving: typically 90 days from your last day (check your grant agreement)