Thread regarding Oracle Corp. layoffs

RSUs are vesting

If you are US based, your last day is the 22nd and you have a grant that was supposed to vest yesterday, login to Fidelity and take a look.


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| 2052 views | | 9 replies (last September 24) | Reply
Post ID: @OP+1k59kh7fg

9 replies (most recent on top)

@19s Thanks! As you said, some shares switched to ‘Distributed’ today!

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Post ID: @1c5+1k59kh7fg

@19s That sounds about right, maybe an extra day.

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Post ID: @1av+1k59kh7fg

@19a

9/23 - Shares reflect as "distributed"
9/24 - Fidelity sells shares to cover taxes
9/25 - Remaining shares available to hold, transfer or sell

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Post ID: @19s+1k59kh7fg

Hi, my RSU shares (vesting date 9/20) are shown vested as of 9/22. Does anyone know when the shares will be distributed (after some sold for taxes) to my Fidelity cash account? Thanks.

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Post ID: @19a+1k59kh7fg

So far so good, at least that should add a bit to my retirement savings. Pity I couldn't hang on for another year and get the last fourth of the last grant I got. But I'm glad I got this time around.

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Post ID: @xh+1k59kh7fg

The 9/19 grant has vested.

Next Monday is the big day. Best wishes to all for whom that is their last day with big red. If you are retiring then enjoy it, and if not may you soon find new employment.

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Post ID: @qj+1k59kh7fg

Yes, RSUs are vesting in the U.S. throughout this week. Verified.

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Post ID: @ar+1k59kh7fg

@ae If Oracle buys TikTok, at least we will receive the benefit of the product being slowly ki-led like the other products they bought.
But, I think what is more likely is that Oracle is relevant for hosting the data of TikTok. They already have some experience through Project Texas and similar, so it would not come as a surprise if Oracle gets picked as the datacenter partner.

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Post ID: @ap+1k59kh7fg

So much for the TikTok bump. It isn't the first time that it's been rumored that O would buy it.

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Post ID: @ae+1k59kh7fg

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