Thread regarding Verizon Communications Inc. layoffs

Last RSU and STI?

Offboarded 1/23. Have received 2 RSU payouts as predicted (2/6 and 2/13) but the 3rd is not yet received per typical schedule. Anyone know what might be the holdup there? I saw on a previous post that someone had their last payout in stock and transferred over to their individual account. Is that what I can expect here?
Also, do we have any confirmation that STI will be paid out this Friday?


by
| 912 views | | 3 replies (last February 24) | Reply
Post ID: @OP+1kj87c803

3 replies (most recent on top)

@ae should be your termination date for any grant with accelerated vesting, otherwise, it's the normal vesting date.

by
| | Reply
Post ID: @b1+1kj87c803

I’ll be kind and answer. Your 3rd stock together vesting is paid in actual stock, not cash and is put in your fidelity TOD account . If you want that cash, obviously you have to sell the stock . On other threads, it was said Verizon did this for pay out budget reasons . I was disappointed not to get that third vesting in cash as well

by
| | Reply
Post ID: @aj+1kj87c803

@op just curious what date they used for vesting……I can’t seem to find that in the paperwork.

by
| | Reply
Post ID: @ae+1kj87c803

Post a reply

: