> 5% - first year, 15% - second , then 5% each quarter, i think...

It's 5%, 15%, 40%, 40%.

In lieu of RSU's in Year 1, you get a big signing bonus. Year 2, not quite as big signing bonus (hence the +10% RSU). Year 3 and 4, nothing but RSU.

It adds up to the same amount every year assuming no stock growth.

Are you saying you just want double your salary for year 1 and 2 and are planning to quit before year 3 when it drops to nil? Yeah, who wouldn't?

I wouldn't want to be a shareholder of any company dumb enough to offer this.