---
title: "Equity and option grants"
description: "Frameworks for sizing option grants, refresh grants, and equity compensation"
url: "https://www.rubick.com/wiki/people/equity/"
---

[Edit this page on github](https://github.com/jadeforrest/blog/edit/master/src/content/wiki/people/equity.md)

[Wiki](https://www.rubick.com/wiki/) / [People Management](https://www.rubick.com/wiki/people/) / Equity and option grants

# 💰Equity and option grants

Frameworks for sizing option grants, refresh grants, and equity compensation

## About equity compensation

-   The definitive guide to equity compensation is [Holloway’s guide to equity compensation](https://www.holloway.com/g/equity-compensation). They might be charging for it now?
-   I have a post on [compensation and equity](https://www.rubick.com/compensation-and-equity/)

## Sizing option grants

-   [This article](https://darylll.medium.com/how-to-measure-option-grants-implied-value-method-bbca1a05add7) presents a framework for valuing option grants and determining how many options to offer new hires and for refresh.
    
-   There’s also [this post from Paul Graham](http://www.paulgraham.com/equity.html) that describes a model from the founder perspective on how to value your options.
    

## Refresh and promotion grants

-   [This article](https://carta.com/learn/equity/compensation/equity-refresh/) from Carta goes into detail about companies typically do refresh grants, and the different types of refresh grants: traditional and boxcar.