Thread regarding VMware layoffs

RSU shares cancelled?

Anyone that got the boot have shares vest on Dec 1 and see them as canceled in eTrade? They were showing up until a few days ago with the wrong valuation (at broadcoms stock price) but now it's showing as $0 potential and a little timeline saying canceled on Nov 22.

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| 1982 views | | 8 replies (last December 5, 2023) | Reply
Post ID: @OP+1pU3hptq

8 replies (most recent on top)

@sdb+1pU3hptq which faq are you referring to I can’t seem to locate an updated one?

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Post ID: @1ykq+1pU3hptq

Cluster F

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Post ID: @ctx+1pU3hptq

They will show up in Fidelity as converted to AVGO shared with conversion factor of 0.201. It is explained in FAQs. Fidelity accounts will show up mid Dec.

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Post ID: @sdb+1pU3hptq

I’m assuming they did whatever they had to in order to not release the incorrect number of AVGO shares that it showed last week as it would get a million times harder to fix if people started selling them

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Post ID: @geg+1pU3hptq

My vested Nov 1 and Dec 1 shares got the booted off of E*Trade. Says canceled

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Post ID: @ojq+1pU3hptq

Same

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Post ID: @rgp+1pU3hptq

ETrade is collaborating with the whales to allow offloading the shares before it comes to the small folks like us. By that time AVGO stock price will be in the 600s.

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Post ID: @uqm+1pU3hptq

Same for employees today. $0 account value showing in ETrade.

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Post ID: @nzl+1pU3hptq

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