Retention RSU's in fidelity shows vesting date as March, 2024. For those employees being terminated, how does this work?
Do we need to wait till March to get them?
or
Will they get en-cashed on last working day and the proceedings are paid via full & final settlement?
Thank you!!
5 replies (most recent on top)
What date is monthly pay day btw, 25? 26?
Will they be cashed to the $ price of BC shares on day of termination?
For transitioning employees, does anyone have clarity about what happens with unvested shares? I cannot seem to get any actual facts or documentation
Retention RSUs will be paid as cash via payroll after you have signed all the release docs. Termination date is 26 Jan so hopefully on 2/2 payroll. It’s all in Stocks related FAQs for terminated employees in HR portal docs.
30% of March RSU cash out on Jan 26 and rest we forfeit