Thread regarding VMware layoffs

When do the stocks get released in e-trade for trading in either scenarios?

When do the stocks get released in e-trade for trading in either scenarios?

  1. Deal closes
  2. Deal does not close

In the second scenario, what is the best course of action? Sell immediately or hold?

by
| 1931 views | | 11 replies (last November 9, 2023) | Reply
Post ID: @OP+1puXlPQD

11 replies (most recent on top)

I’m happy for people who sold a while ago. I am regretting not doing the same. My anxiety levels are sky high but there’s nothing anybody can do at this point.

by
| | Reply
Post ID: @1jwp+1puXlPQD

I sold all of my shares at $166 and I'm happy. You can't always hit the top but I sold way above the bottom and that's good enough. Now I still waiting for my Nov 1 vesting that these criminals are holding back.

by
| | Reply
Post ID: @lmr+1puXlPQD

If I want to sell vested stock today, can I still do that? On my E*trade account, I see a message “certain transactions cannot be completed at this time”.

by
| | Reply
Post ID: @gbl+1puXlPQD

I sold all my exercisable RSUs previously at $162-165 and was disappointed when the stock reached $177+ - but now I'm just grateful that I sold it while I could.

Truly, I have empathy for all the folks who are still holding VMW shares. Perhaps you can make up any loss with other investments over time. If you're older, like me, then so sorry.

by
| | Reply
Post ID: @hbl+1puXlPQD

Hedge your VMW stock positions.

by
| | Reply
Post ID: @wzw+1puXlPQD

We are dealing with unethical peple here. So much for EPIC values.

by
| | Reply
Post ID: @jbn+1puXlPQD

soon is so relative man... like in the grand scheme of things, two years is soon compared to formation of the earth man...

by
| | Reply
Post ID: @akk+1puXlPQD

No one knows timing.

But the release for 2023 vested but unissued shares would happen in the soonest of one of the following is how I read the grant agreement in ETrade:

  • Upon deal close
  • Upon deal cancellation
  • March 15 2024

2024 shares, well lets not even talk about those.

by
| | Reply
Post ID: @jzy+1puXlPQD

If you ask the bosses this the answer will be "fluid" or "soon" or "fluid and soon" meaning "whenever we want to but probably not soon"

by
| | Reply
Post ID: @fac+1puXlPQD

“If it does not close stock will sink like a rock”

Yes, I’m aware. What would be the best course of action? I’m sure everyone who opted for Broadcom shares is beating themselves up right now but there’s no going back. I’m wondering what to do if the deal doesn’t close.

by
| | Reply
Post ID: @jec+1puXlPQD
  1. If it does not close stock will sink like a rock
by
| | Reply
Post ID: @kzt+1puXlPQD

Post a reply

: