Award Letters

Page One

Salary +

Bonus +

Equity +

Extra Equity+

VP Equity+

Total Comp +

Page Two +

Extra Equity +

Vesting Images+

All the Magic

December 2016

Thank you, Robert!

Thank you for your contributions over the past year!

Congratulations, Robert!

Thank you for your contributions over the past year and congratulations on your promotion to Sr. Operations Analyst!

105,000 USD

New Salary

Your annual base salary will increase from 100,000 USD to 105,000 USD (an increase of 5,000 USD or 1.05%), and your bonus target will increase from 12% to 15%, as of December 1, 2016.

You will see this increase starting with your December 16, 2016 paycheck.

105,000 USD

New Salary

Your annual base salary will increase from 100,000 USD to 105,000 USD (an increase of 5,000 USD or 1.05%), with a bonus target of 12%, as of December 1, 2016.

You will see this increase starting with your December 16, 2016 paycheck.

105,000 USD

New Salary

Your annual base salary will increase from 100,000 USD to 105,000 USD (an increase of 5,000 USD or 1.05%), with a bonus target of 15%, as of January 1, 2017.

You will see this increase starting with your January 26, 2017 paycheck.

105,000 USD

Base Salary

Your annual base salary is 105,000 USD with a bonus target of 12%, as of January 1, 2017.

96.00 /HR USD

New Hourly Rate

Your standard hourly rate will increase from 84.00 USD per hour to 96.00 USD per hour (an increase of 12.00 USD per hour or 1.14%), and your bonus target will increase from 12% to 15% of your annualized standard hourly rate, as of December 1, 2016.

You will see this increase starting with your December 16, 2016 paycheck.

This standard hourly rate is subject to certain terms and conditions. Other hourly rates may be affected; to see all changes, please refer to your paycheck at go/mypay. Your actual total compensation will be dependent on the number of hours worked during the year and figures shown in this letter are provided for illustration purposes only.

96.00 /HR USD

New Hourly Rate

Your standard hourly rate will increase from 84.00 USD per hour to 96.00 USD per hour (an increase of 12.00 USD per hour or 1.14%), with a bonus target of 12% of your annualized standard hourly rate, as of December 1, 2016.

You will see this increase starting with your December 16, 2016 paycheck.

This standard hourly rate is subject to certain terms and conditions. Other hourly rates may be affected; to see all changes, please refer to your paycheck at go/mypay. Your actual total compensation will be dependent on the number of hours worked during the year and figures shown in this letter are provided for illustration purposes only.

96.00 /HR USD

New Hourly Rate

Your standard hourly rate will increase from 84.00 USD per hour to 96.00 USD per hour (an increase of 12.00 USD per hour or 1.14%), with a bonus target of 12% of your annualized standard hourly rate, as of January 1, 2017.

You will see this increase starting with your January 26, 2017 paycheck.

This standard hourly rate is subject to certain terms and conditions. Other hourly rates may be affected; to see all changes, please refer to your paycheck at go/mypay. Your actual total compensation will be dependent on the number of hours worked during the year and figures shown in this letter are provided for illustration purposes only.

84.00 /HR USD

Hourly Rate

Your standard hourly rate is 84.00 USD per hour with a bonus target of 12% of your annualized standard hourly rate, as of January 1, 2017.

This standard hourly rate is subject to certain terms and conditions. Other hourly rates may be affected; to see all changes, please refer to your paycheck at go/mypay. Your actual total compensation will be dependent on the number of hours worked during the year and figures shown in this letter are provided for illustration purposes only.

400,000 USD

Base Salary

Your annual base salary is 400,000 USD. VP salaries are fixed and do not increase as part of the annual compensation cycle.

168,000 USD

Annual Bonus

On January 26, 2017, you will receive a bonus of 168,000 USD, based on your performance over the past year.

2016 Target ⓘ: 35.00% 2016 Actual ⓘ: 42.00%

30,000 USD

On-target Sales Bonus

Your 2017 on-target sales bonus is 30,000 USD. This is based on your annual base salary of 105,000 USD and bonus target percentage of 15% as of January 1, 2017. Your actual sales bonus payout in 2017 may vary based upon quota attainment. See go/MySalesBonus for actual sales bonus payout information. For more information on sales bonuses see go/SalesBonusHelp.

30,000 USD

On-target Sales Bonus

Your 2017 on-target sales bonus is 30,000 USD. This is based on your annualized standard hourly pay rate of 105,000 USD and bonus target percentage of 15% as of January 1, 2017. Your actual sales bonus payout in 2017 may vary based upon quota attainment. See go/MySalesBonus for actual sales bonus payout information. For more information on sales bonuses see go/SalesBonusHelp.

30,000 USD

On-target Sales Bonus

Your 2017 on-target sales bonus is 30,000 USD. This is based on your annual base salary of 105,000 USD and bonus target percentage of 15% as of January 1, 2017. Your actual sales bonus payout in 2017 may vary based upon quota attainment. See go/MySalesBonus for actual sales bonus payout information. For more information on sales bonuses see go/SalesBonusHelp.

For your time worked on the Company Plan, you will receive a Company Plan bonus ⓘ of 30,000 USD on January 26, 2017. This is based on your performance over the past year.

30,000 USD

On-target Sales Bonus

Your 2017 on-target sales bonus is 30,000 USD. This is based on your annualized standard hourly pay rate of 105,000 USD and bonus target percentage of 15% as of January 1, 2017. Your actual sales bonus payout in 2017 may vary based upon quota attainment. See go/MySalesBonus for actual sales bonus payout information. For more information on sales bonuses see go/SalesBonusHelp.

For your time worked on the Company Plan, you will receive a Company Plan bonus ⓘ of 30,000 USD on January 26, 2017. This is based on your performance over the past year.

90,000 USD

Transitional* Equity Grant

Equity grants link your rewards to the company’s long-term success. You will receive an equity refresh grant with an intended value of 90,000 USD.

This results in an equity grant of 75 GSUs (based on a stock price of 720.00 USD) with an intended grant date of January 4, 2017; this grant will vest monthly over four years beginning on January 25, 2017. As illustrated below ⓘ, roughly a fourth of the intended value of this grant will vest each year until fully vested:

22,500
 USD

2017

22,500
 USD

2018

22,500
 USD

2019

22,500
 USD

2020



Equity grants are not guaranteed compensation and are subject to vesting requirements as detailed in the grant award agreement from your broker.

* Historically, refresh grants have been granted in July. Because we’re now granting equity in December and because only 6 months (instead of 12) have passed since the past refresh grant, your grant is prorated to half the size of the annual value. Learn more about equity.

600,000 INR

Transitional* Equity Grant

Equity grants link your rewards to the company’s long-term success. You will receive an equity refresh grant with an intended value of 600,000 INR.

This results in an equity grant of 75 GSUs (based on a stock price of 720.00 USD and a conversion rate of 70.92 INR to 1 USD) with an intended grant date of January 4, 2017; this grant will vest monthly over four years beginning on January 25, 2017. As illustrated below ⓘ, roughly a fourth of the intended value of this grant will vest each year until fully vested:

150,000
 INR

2017

150,000
 INR

2018

150,000
 INR

2019

150,000
 INR

2020



Equity grants are not guaranteed compensation and are subject to vesting requirements as detailed in the grant award agreement from your broker.

* Historically, refresh grants have been granted in July. Because we’re now granting equity in December and because only 6 months (instead of 12) have passed since the past refresh grant, your grant is prorated to half the size of the annual value. Learn more about equity.

36,000 USD

Foundation Grant

As a member of the Foundation program, you will receive a standard Foundation grant of 36,000 USD, with an intended grant date of January 4, 2017, that will vest in 12 monthly installments from January 2018 through December 2018.

You will also receive a one-time Inductee grant that will vest in 2017, explained in more detail on the next page.

To increase the predictability of your future earnings, we intend to award you a grant in January 2018 that will vest in 2019, explained in more detail on the next page.

480,000 INR

Foundation Grant

As a member of the Foundation program, you will receive a standard Foundation grant of 480,000 INR, with an intended grant date of January 4, 2017, that will vest in 12 monthly installments from January 2018 through December 2018.

You will also receive a one-time Inductee grant that will vest in 2017, explained in more detail on the next page.

To increase the predictability of your future earnings, we intend to award you a grant in January 2018 that will vest in 2019, explained in more detail on the next page.

24,000 USD

Foundation Grant

As a member of the Foundation program, you will receive a Foundation transition grant of 24,000 USD, with an intended grant date of January 4, 2017, that will vest in 6 monthly installments from July 2018 through December 2018. Please see next page for additional details.

To increase the predictability of your future earnings, we intend to award you a grant in January 2018 that will vest in 2019, explained in more detail on the next page.

140,000 INR

Foundation Grant

As a member of the Foundation program, you will receive a Foundation transition grant of 140,000 INR, with an intended grant date of January 4, 2017, that will vest in 6 monthly installments from July 2018 through December 2018. Please see next page for additional details.

To increase the predictability of your future earnings, we intend to award you a grant in January 2018 that will vest in 2019, explained in more detail on the next page.

Foundation Grant

To increase the predictability of your future earnings, we intend to award you a grant in January 2018 that will vest in 2019, explained in more detail on the next page.

Actual 12,600,000 USD Annualized 24,200,000 USD

VP Equity



In recognition of your contributions and to transition you to the single compensation cycle, you will receive a transitional equity grant of 600,000 USD based on an annual equity grant amount of 1,200,000 USD. This results in an equity grant of 75 GSUs ⓘ, with an intended grant date of January 4, 2017, which will vest in six monthly installments from July 2018 through December 2018.

VP Equity Vesting Schedule

Grant

January
2020

July
2019

January
2019

July
2018

January
2018

July
2017

January
2017

Vests over 6 months

2017 Grant Date

2017 VP Equity Transition

(one time half-size grant)

Equity grants are not guaranteed compensation and are subject to vesting requirements as detailed in the grant award agreement from your broker.

Actual 44,000 INR Annualized 88,000 INR

VP Equity



In recognition of your contributions and to transition you to the single compensation cycle, you will receive a transitional equity grant of 20,000 USD (44,000 INR ⓘ) based on an annual equity grant amount of 40,000 USD (88,000 INR ⓘ). This results in an equity grant of 75 GSUs ⓘ, with an intended grant date of January 4, 2017, which will vest in six monthly installments from July 2018 through December 2018.

VP Equity Vesting Schedule

Grant

January
2020

July
2019

January
2019

July
2018

January
2018

July
2017

January
2017

Vests over 6 months

2017 Grant Date

2017 VP Equity Transition

(one time half-size grant)

Equity grants are not guaranteed compensation and are subject to vesting requirements as detailed in the grant award agreement from your broker.

Actual 600,000 USD Annualized 1,200,000 USD

VP Equity



In recognition of your contributions and to transition you to the single compensation cycle, you will receive a transitional equity grant of 600,000 USD based on an annual equity grant amount of 1,200,000 USD. This results in an equity grant of 834 GSUs ⓘ, with an intended grant date of January 4, 2017, which will vest in six monthly installments from July 2018 through December 2018.

To increase the predictability of your future earnings, we set an intended amount of 1,400,000 USD. We intend to make this award in January 2018 and it will vest in 12 monthly installments from January 2019 through December 2019. Your actual award amount will stay the same, increase, or decrease based on changes in your current performance and role scope.

VP Equity Vesting Schedule

Grant

January
2020

July
2019

January
2019

July
2018

January
2018

July
2017

January
2017

Vests over 12 months

2018 Grant Date

Intended amount for 2018

2018 VP Intention

Vests over 6 months

2017 Grant Date

2017 VP Equity Transition

(one time half-size grant)

Equity grants are not guaranteed compensation and are subject to vesting requirements as detailed in the grant award agreement from your broker.

VP Equity

To increase the predictability of your future earnings, we set an intended amount of 400,000 USD. We intend to make this award in January 2018 and it will vest in 12 monthly installments from January 2019 through December 2019. Your actual award amount will stay the same, increase, or decrease based on changes in your current performance and role scope.

VP Equity Vesting Schedule

Grant

January
2020

July
2019

January
2019

July
2018

January
2018

July
2017

January
2017

Vests over 12 months

2018 Grant Date

Intended amount for 2018

2018 VP Intention

Equity grants are not guaranteed compensation and are subject to vesting requirements as detailed in the grant award agreement from your broker.

320,000 USD

2017 Total Compensation Award

Your total compensation award is the sum of your salary, bonus, and equity granted in a given year. For 2017, your total compensation award is 320,000 USD (which includes your transitional equity grant). To see your compensation by calendar year (i.e., equity that's vesting in 2017), view your compensation summary.

320,000 USD

2017 Total Compensation Award

Your total compensation award is the sum of your salary, bonus, and equity granted in a given year, but excludes your intended amount for 2018. For 2017, your total compensation award is 320,000 USD (which includes your transitional equity grant). To see your compensation by calendar year (i.e., equity that's vesting in 2017), view your compensation summary.

320,000 USD

2017 Total Compensation Award

Your total compensation award is the sum of your annualized standard hourly pay rate (i.e., your normal hourly wage multiplied by 2,080), bonus, and equity granted in a given year. For 2017, your total compensation award is 320,000 USD (which includes your transitional equity grant). To see your compensation by calendar year (i.e., equity that's vesting in 2017), view your compensation summary.

Annualized 1,768,000 USD

Total Annualized Compensation Award

Your total compensation award is the sum of your salary, bonus, and annualized equity granted in a given year.

Your Total Annualized Compensation Award is 1,768,000 USD. To see your compensation by calendar year (i.e., equity that's vesting in 2017), view your compensation summary.

Annualized 1,768,000 USD

Total Annualized Compensation Award

Your total compensation award is the sum of your salary, bonus, and annualized equity granted in a given year. This excludes your intended amount for 2018.

Your Total Annualized Compensation Award is 1,768,000 USD. To see your compensation by calendar year (i.e., equity that's vesting in 2017), view your compensation summary.

500,000 USD

Total Compensation Award

Your total compensation award is the sum of your salary, bonus, and equity granted in a given year. This excludes your intended amount for 2018.

Your Total Compensation Award is 500,000 USD. To see your compensation by calendar year (i.e., equity that's vesting in 2017), view your compensation summary.

500,000 USD

Total Compensation Award

Your total compensation award is the sum of your salary, bonus, and equity granted in a given year.

Your Total Compensation Award is 500,000 USD. To see your compensation by calendar year (i.e., equity that's vesting in 2017), view your compensation summary.

Don't miss the deadline to make 401(k) election changes

You may change your 401(k) bonus deferral election at Vanguard.com from now until 6PM PST on January 3, 2017. You may modify your salary deferral election for subsequent paychecks at any time in 2017. Please visit go/401k for more details.

December 2016

Congratulations, Robert!

Robert,

We want to recognize your hard work and commitment to Google by welcoming you into the Foundation Program (the “Program”). Members of the Program are not only critical to Google today, but form the foundation upon which we are building Google’s future. Your exemplary leadership, expertise, and impact have been critical to Google’s success and we look forward to your continued contributions. As a part of the Program, it is intended that you receive special grants of Alphabet restricted stock units (GSUs) annually.

We would like to award you a standard Foundation grant of 100,000 USD that will vest in 12 monthly installments from January 2018 through December 2018 and results in an equity grant of 75 GSUs with an intended grant date of January 4, 2017.

In addition to your standard Foundation grant, we would like to award you a one-time Inductee grant of 200,000 USD that will vest in 12 monthly installments from January 2017 through December 2017 and results in an equity grant of 75 GSUs with an intended grant date of January 4, 2017.

These grants are based on a stock price of 720.00 USD.

We want to recognize your hard work and commitment to Google by welcoming you into the Foundation Program (the “Program”). Members of the Program are not only critical to Google today, but form the foundation upon which we are building Google’s future. Your exemplary leadership, expertise, and impact have been critical to Google’s success and we look forward to your continued contributions. As a part of the Program, it is intended that you receive special grants of Alphabet restricted stock units (GSUs) annually.

We would like to award you a standard Foundation grant of 100,000 INR that will vest in 12 monthly installments from January 2018 through December 2018 and results in an equity grant of 75 GSUs with an intended grant date of January 4, 2017.

In addition to your standard Foundation grant, we would like to award you a one-time Inductee grant of 200,000 INR that will vest in 12 monthly installments from January 2017 through December 2017 and results in an equity grant of 75 GSUs with an intended grant date of January 4, 2017.

These grants are based on a stock price of 720.00 USD and a conversion rate of 67 INR to 1 USD.

In recognition of your contributions and to transition you to the single compensation cycle, we would like to renew your membership in the Foundation Program (the “Program”) with a transitional Foundation grant of 100,000 USD that is based on an annual grant amount of 200,000 USD. This results in an equity grant of 75 GSUs (based on a stock price of 720.00 USD), with an intended grant date of January 4, 2017, that will vest in six monthly installments from July 2018 through December 2018.

In recognition of your contributions and to transition you to the single compensation cycle, we would like to renew your membership in the Foundation Program (the “Program”) with a transitional Foundation grant of 700,000 INR that is based on an annual grant amount of 1,400,000 INR. This results in an equity grant of 75 GSUs (based on a stock price of 720.00 USD and a conversion rate of 70.00 INR to 1 USD), with an intended grant date of January 4, 2017, that will vest in six monthly installments from July 2018 through December 2018.

As a member of the Foundation Program (the “Program”), we will award you a transitional Foundation grant of 100,000 USD. This results in an equity grant of 75 GSUs (based on a stock price of 720.00 USD), with an intended grant date of January 4, 2017, that will vest in six monthly installments from July 2018 through December 2018.

Once this grant is made, your participation in the Program is complete, and you may receive future Equity Refresh awards based on ongoing performance and contributions.

As a member of the Foundation Program (the “Program”), we will award you a transitional Foundation grant of 100,000 INR. This results in an equity grant of 75 GSUs (based on a stock price of 720.00 USD and a conversion rate of 70.00 INR to 1 USD)., with an intended grant date of January 4, 2017, that will vest in six monthly installments from July 2018 through December 2018.

Once this grant is made, your participation in the Program is complete, and you may receive future Equity Refresh awards based on ongoing performance and contributions.

Finally, to increase the predictability of your future earnings, we set an intended Foundation grant amount of 100,000 USD. We intend to make this award in January 2018 and it will vest in 12 monthly installments from January 2019 through December 2019. Your actual award may stay the same, increase, or decrease based on changes in your current performance and role scope.

Each year, Foundation participation and grant magnitude is reviewed. If your participation in the Program is renewed, the result would be a stream of non-overlapping vesting events for the Program grants.

Finally, to increase the predictability of your future earnings, we set an intended Foundation grant amount of 700,000 INR. We intend to make this award in January 2018 and it will vest in 12 monthly installments from January 2019 through December 2019. Your actual award may stay the same, increase, or decrease based on changes in your current performance and role scope.

Each year, Foundation participation and grant magnitude is reviewed. If your participation in the Program is renewed, the result would be a stream of non-overlapping vesting events for the Program grants.

To increase the predictability of your future earnings, we set an intended Foundation grant amount of 100,000 USD. We intend to make this award in January 2018 and it will vest in 12 monthly installments from January 2019 through December 2019. Your actual award may stay the same, increase, or decrease based on changes in your current performance and role scope.

Each year, Foundation participation and grant magnitude is reviewed. If your participation in the Program is renewed, the result would be a stream of non-overlapping vesting events for the Program grants.

To increase the predictability of your future earnings, we set an intended Foundation grant amount of 700,000 INR. We intend to make this award in January 2018 and it will vest in 12 monthly installments from January 2019 through December 2019. Your actual award may stay the same, increase, or decrease based on changes in your current performance and role scope.

Each year, Foundation participation and grant magnitude is reviewed. If your participation in the Program is renewed, the result would be a stream of non-overlapping vesting events for the Program grants.

Foundation Vesting Schedule

Grant

January
2020

July
2019

January
2019

July
2018

January
2018

July
2017

January
2017

Vests over 12 months

2018 Grant Date

Intended amount for 2018

2018 Foundation

Vests over 12 months

2017 Grant Date

2017 Foundation

Vests over 12 months

2017 Induction Grant

Equity grants are not guaranteed compensation and are subject to vesting requirements as detailed in the grant award agreement from your broker.

Foundation Vesting Schedule

Grant

January
2020

July
2019

January
2019

July
2018

January
2018

July
2017

January
2017

Vests over 12 months

2017 Grant Date

2017 Foundation

Vests over 12 months

2017 Induction Grant

Equity grants are not guaranteed compensation and are subject to vesting requirements as detailed in the grant award agreement from your broker.

Foundation Vesting Schedule

Grant

January
2020

July
2019

January
2019

July
2018

January
2018

July
2017

January
2017

Vests over 12 months

2018 Grant Date

Intended amount for 2018

2018 Foundation

Vests over 6 months

2017 Grant Date

2017 Foundation Transition


(one time half-size grant)

Equity grants are not guaranteed compensation and are subject to vesting requirements as detailed in the grant award agreement from your broker.

Foundation Vesting Schedule

Grant

January
2020

July
2019

January
2019

July
2018

January
2018

July
2017

January
2017

Vests over 6 months

2017 Grant Date

2017 Foundation Transition


(one time half-size grant)

Equity grants are not guaranteed compensation and are subject to vesting requirements as detailed in the grant award agreement from your broker.

Foundation Vesting Schedule

Grant

January
2020

July
2019

January
2019

July
2018

January
2018

July
2017

January
2017

Vests over 12 months

2018 Grant Date

Intended amount for 2018

2018 Foundation

Equity grants are not guaranteed compensation and are subject to vesting requirements as detailed in the grant award agreement from your broker.