May 29, 2026
25,000 shares
May 29, 2029
$1,000,000
2,083
$20,833/mo
$250,000
At $10/share
The minimum time before any shares vest. Typically 12 months to ensure commitment.
After the cliff, shares vest monthly or quarterly over the remaining period (usually 3-4 years total).
Special provisions that speed up vesting upon certain events like acquisition or termination.