Most offers for FAANG companies include salary and stock compensation, that vests over 4 years.
So if you were granted 400k in stock over 4 years, you'd get 100k per year in stock (which you can keep or sell, but it's real compensation).
After those 4 years, the company will either give you another stock grant over another 4 years, or they will decide to show you the door - and not offer you anything.
So if you were granted 400k in stock over 4 years, you'd get 100k per year in stock (which you can keep or sell, but it's real compensation).
After those 4 years, the company will either give you another stock grant over another 4 years, or they will decide to show you the door - and not offer you anything.
That's what seems to have occurred here.