Thread regarding VMware layoffs

Etrade stock ex employee

I read some posts here about the new RSU is moved to Fidelity. But what about the shares from previous ESPPs? I’m an ex employee and left all my shares in the Etrade account so I have no idea about the Fidelity transfer. My etrade stock plan account is showing 0 and individual account minus $38 reorg fee. Any insights? Much appreciated

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| 2462 views | | 7 replies (last November 29, 2023) | Reply
Post ID: @OP+1pNbrqNq

7 replies (most recent on top)

Thanks for sharing. Still the same as well with no avgo stocks and I feel you, really frustrating. Couldn’t get ahold with them over the phone without waiting for hours, chat is always unavailable, no email, support is basically non existent.

For the cash part, mine seems to be correct. The math is 48% of all owned vmw shares x 142.5 and that’s what I got.

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Post ID: @2aiv+1pNbrqNq

OP; ex employee and same situation. It shows 0 on my account and got some cash deposit which also doesnt tally and dont understand how they deduced that amount. This is really frustrating. Did anyone speak with them? is there some projected resolution date on this
I tried calling/chatting but the service is pathetic. No one should play with money related websites like this, this is not a social media site to be malfunctioning for such a long time.

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Post ID: @2bsa+1pNbrqNq

OP here, thanks for sharing. I also got the cash and no AVGO yet. I read in 1 or 2 other posts in other threads saying only got the cash part. Really wish we got communications, hate waiting like this.

If anyone reading knows when we will get AVGO shares, please do tell

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Post ID: @1njm+1pNbrqNq

Ex-employee here too. I received the cash deposit this morning (find it under Portfolios > Other holdings > Cash). I have not received the BC shares yet though...

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Post ID: @1pot+1pNbrqNq

Same situation, but got back the cash portion on etrade. No avgo stock yet though. When will we get it?

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Post ID: @1hqb+1pNbrqNq

@1phs+1pNbrqNq

“OP; same here. -38 dollar fee

Current employee”

So some shares of current employees are also not transferred to Fidelity, or only unvested RSUs will be transferred? Did they tell you/do you know what will happen to the vested/ESPP shares that were in the Etrade stock plan? I tried to call them, the wait was over an hour

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Post ID: @1xpt+1pNbrqNq

OP; same here. -38 dollar fee

Current employee

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Post ID: @1phs+1pNbrqNq

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