i check today for additional details and notice im not getting the full share amount, some 95% or something instead. what determines this? i have gotten good reviews every time and never been told anything negative.
is giving me my dozen or so more share really gonna be noticeable to them?
What ever happened to that $90+ share upside the ELT promised when they turned down ClearLake. The Clearlake offer looks even better now.
They went over this the other day, the company only achieved 91% of the performance metric so everyone only got 91% of shares.
You're misunderstanding, I am well aware of the shares being sacrificed to pay taxes, it's a significant amount. I am referring to the total awarded amount of shares BEFORE that computation even happens.
Me and 2 others in here were only awarded 91% of the shares (there is a column that is titled performance % or something like that, which slightly reduced the number of shares we were supposed to receive).
The amount of shares sold for taxes isn't even close to 9%, more like 4x that amount.
You got taxed. They sell the stock on your behalf once they vest. Takes a few days as the company has to fund the stock which is why you don't see it for a few days. Totally normal. Blackbaud did not take away stock from you lol.
sorry i typo'd 95. I am also 91%.
Just want to sell the shares and move on, such a slow process considering these vested over the weekend.
Just checked mine. Awarded at 91%
Not my case. Started 4 years ago. And the tax computation on the shares is calculated afterwards, so no its not related to my actual awarded share #. I guess me? or my team? did not do well enough to get 100% of the shares initially laid out in the plan, just 95%. Oh well.
Two things could see a reduced total of shares: if you started after January 1 of last year I believe it’s prorated. Also if you kept the default option of withholding shares to pay taxes.
If you go to your unvested account, go to Activity tab, 'View Detail' on the Performance Payment, and then click 'View confirmation' in the window that pops up, it'll open a PDF that displays Target Units multiplied by Performance % resulting in your total awarded of the initial target.
It was in Merrill but I'm having trouble finding it now because it's now 2/23, but yesterday there was some additional information in the pending Performance Award that said something like "shares achieved" with a 95%, and now on the activity it shows me receiving less shares than the plan originally had.
Where are you seeing this info (Merrill)? Is this for last years award (vested) or 2925 (non-vested)?
Sorry to ask here I don't have many close friends here they've all left the company in 2024