> Instead of a four-year new hire grant (standard at many tech companies), employees will receive annual grants, sized at one-year targets that vest in their entirety each year.<p>So... this means that the stock option compensation is less volatile (because your options gained over 4 years work from 4 different base values, rather than just a single one). BUT on the other hand, it rewards employees according to the one-year gains, rather than gains over a longer period of time.<p>What impact do you think this will have both on employee compensation and on long-term vs short-term thinking (one major reason given for using stock options as compensation is to align the interests of employees and stockholders)?