Sourcegraph currently only provides equity to teammates in the form of options.
By default, all option grants vest monthly over four years with a 1-year cliff. This means that 25% of your grant will vest on the 1-year anniversary of the vesting start date, and the remaining 75% vest in equal (1/48th of the total) amounts on a monthly basis.
US employees receive incentive stock options (ISOs) to the maximum degree possible, while all other teammates receive non-qualified (or non-statutory) stock options (NSOs). The reason is that ISOs are a creation of the US tax system and available only to employees.
All option holders have the right to early exercise their options in Carta. This gives you the ability to pay to exercise options before they have vested, which can provide certain tax benefits in certain locations. Speak to your own financial and/or tax advisors to understand the implications.
Sourcegraph cannot make recommendations or provide advice related to your option grants. Please speak to your own financial and/or tax advisors!