I got 120 stocks deposited into my account for 2023 but dont recall at email about the amount.
4 replies (most recent on top)
@iav+1lMjNavg - you need to look at the Grant Price X # Shares.
Before they expanded the program, stock price was even lower. Grant Price Per Share ranged from $13-$24, then Share Price went up into the $30s-$40s, which coincides with the program's expansion.
Same Total Dollar Amount at Higher Stock Price = Fewer Grant Shares.
That said, sux that the shares are rarely higher when the dog of a stock finally vests. Leadership team pleased with themselves for granting you 3 shares X $33 = $100, but when vests Share Price is down to $27 x 3 = $81 (a decrease of 20%!)
I'd greatly prefer CASH.
I received an email this morning.
Could be that because they are rapidly approaching penny stocks value, it’s not worth the effort to hit send in an email app.
There was an email last year showing the amount you would receive. Received 120 as well/B5. Back before they expanded the equity program to everyone, I was getting 200 shares.