Redfin
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Average Total Compensation
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Vesting Schedule
40%
YR 1
30%
YR 2
20%
YR 3
10%
YR 4
Stock Type
RSU
At Redfin, Main RSUs are subject to a 4-year vesting schedule:
40% vests in the 1st-year (40.00% annually)
30% vests in the 2nd-year (7.50% quarterly)
20% vests in the 3rd-year (5.00% quarterly)
10% vests in the 4th-year (2.50% quarterly)
Redfin has a front-loaded vesting schedule for new-hire grants and another vesting schedule for annual retention RSU grants with 25% vesting every year. The value of retention grants is usually 33% of the new-hire grant.