Thread regarding Target Corp. layoffs

Do RSUs vest?

If you have invested RSUs and are let go, what happens to them?


by
| 2281 views | | 7 replies (last October 24) | Reply
Post ID: @OP+1k8b0ryaw

7 replies (most recent on top)

In 2015, they vested 50% of unvested RSUs about a month after the effective termination date -part of the severance agreement

by
| | Reply
Post ID: @aq+1k8b0ryaw

@a2 accelerated vesting is absolutely a thing. It's very common to have a portion of your RSUs vest (either immediately or before termination) as part of your severance package. Not saying that's what they will do here, but it's not unreasonable to hope for that (especially with the stock price tanking, it's a cheap carrot to keep severed employees quieter).

by
| | Reply
Post ID: @ap+1k8b0ryaw

@a4 is this a theoretical question? i was relatively sure that RSUs were only granted at annual review and mid-year review. i guess if you get promoted into a role where suddenly equity becomes a big part of it, you could get RSUs outside of that cadence.

by
| | Reply
Post ID: @a9+1k8b0ryaw

what if the stocks vest within the two month pay period until January 3 like they mention in the article?

by
| | Reply
Post ID: @a4+1k8b0ryaw

They go away. They do not vest and there's no negotiating that. Its a legal thing.

by
| | Reply
Post ID: @a2+1k8b0ryaw

Unvested. Meant to say *Unvested

by
| | Reply
Post ID: @a1+1k8b0ryaw

Post a reply

: