It is wrong and it is very unlikely that you read it in an article, since it is not a secret. There are no stocks, it is all cash for everybody, at least below the C-suite. You can use up to 100% of your salary to buy stock options at 40% of current value. The options are delivered each month and vest immediately.
There is a huge difference between shares and stock options.
There is a huge difference between shares and stock options.