Thread regarding U.S. Bank layoffs

Question on restricted stock

I am in Compliance and just got laid off. Do I get to keep my restricted stock, does it automatically vest, or do I forfeit that money?

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| 791 views | | 2 replies (last September 19, 2024) | Reply
Post ID: @OP+1uAjdP30

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I was also just laid off in a revenue line. Take a look at the Severance Guide it outlines a lot of it. For LTI it outlines what will best and paid and what won’t. As far as I could tell. Awards we received this year 2024 you only get 66%. 2022 and 2023 pay out after you sign your severance agreement.

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Post ID: @lla+1uAjdP30

Unfortunately I believe that you lose it. I hope that you land on your feet

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Post ID: @sbz+1uAjdP30

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