Thread regarding Broadcom Corp. layoffs

As for being RIF'd for selling shares on the day they vest...the corporation can't make inferences like this. How does corp. know that employee didn't just buy a house and needed the grants to help make a down payment or other purchase. I have sold my shares on the day they vest for well over a dozen years at Symantec and not been punished.

FYI - at least under US tax law your getting taxed for shares the day they vest anyway as W2 income. There is no real value in holding shares. For comparison, if you sold shares the day they vest, then bought back same shares on the open market at same price and held for a year, you would get taxed the same. On the other hand, if you bought shares in another company with equal or better growth prospects, you would be diversified and better protected.

My read on the offer letter is if the deal closes in Nov, the grants are issued the next quarterly vesting period which is Dec 15, 2019. That would then mean the first quarter shares vest is Mar 2020. I originally also thought first shares wouldn't vest until Jun until I realized there is a quarterly grant sill remaining in 2019 - the Dec 15, 2019. How are other folks interpreting the wording.

One team says vesting starts this June another says not until June 2020 well which is it??

I heard those that dump shares every quarter will be placed at top of the next rif list for not believing in long term growth

Yes, starts June 15th.

does it mean the RSU will be vested quarterly on June 15th, Sep 15th, Dec 15th and March 15th?

Huh?

What are you taking about. This changes nothing. At least now you only miss out on a few months RSU instead of a year.