How do you explain equity grants to new employees?

This message was posted by a user wishing to remain anonymous

We're about to issue our first equity grants to a new cohort of team members, and I'm realizing it's not always straightforward for folks who haven't seen this before.

For those of you who have been through this:

• How do you typically walk employees through their grant?

• Do you send anything ahead of time or just talk through the basics live?

• Anything you've found helpful when explaining things like vesting, cliffs, or strike price?

Would appreciate any advice or examples. Just trying to make sure people feel informed and not overwhelmed.

Thanks in advance.