Mine 14k fresh grad start up... (10k basic, 4k equity per month)
Bonus will be divided into 50% Cash, 50% equity.

Terms and condition is equity given, shall be held at least 5 years before selling, otherwise will suffer a 30% haircut on the value. You may eventually quit the company before 5 years and sell the equity later. There is a monthly pricing on the equity if you were to sell, its relatively stable for the past year.

Programmer here.