Thread regarding Bank of America layoffs

Restricted Stock Units - Timing?

Does anyone know when we might hear about restricted stock units this year?

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| 2485 views | | 13 replies (last January 28, 2024) | Reply
Post ID: @OP+1qJfrLue

13 replies (most recent on top)

Restricted Stock Units greatly descriminate against older workers and prove this is a PR stunt.

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Post ID: @4dba+1qJfrLue

Anyone with a brain knows the only reason they issue RSU is mainly for good PR. But the truth is the large majority of these shares will never vest because you will either be fired or leave on your own which means it wasn’t real money to begin with. This is the “strategy”. Of course my opinion would be different if they actually issued more RSU to give employees more skin in the game. The the small amount of equity is just to put a sliver blanket over a larger problem.

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Post ID: @2bqf+1qJfrLue

Timing was predictable. A day before comp discussions to try and "soften the blow". Not going to work. Ludicrous that you will get "awarded" in 2028 for your efforts in 2023.

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Post ID: @2xss+1qJfrLue

got 4 RSU’s vested in next 4 years

yay

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Post ID: @1iay+1qJfrLue

Just received an email they are coming with info to be provided in February

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Post ID: @1pqk+1qJfrLue

A portion of those "lame stocks" will be vesting for you within the next 45 days so you will see that $$. I'm grateful for the RSUs over the past 4 years as this year I have 4 sets vesting. The amount I've received over time exceeds what the cash payment would of been by at least 3x.

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Post ID: @1oyc+1qJfrLue

Do you like the part where it fully vests after 4 years?

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Post ID: @1stu+1qJfrLue

2x you are drunk. Might be time for bed.

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Post ID: @1yhq+1qJfrLue

@1xmx+1qJfrLue

You should be driving an electric car

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Post ID: @1czn+1qJfrLue

I don’t want these lame stocks! Think I gained $100 from last year. Just give us $$! We’re drowning in the high prices of gas to drive to the office just to sit on a webex!

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Post ID: @1xmx+1qJfrLue

We have been told 2x what we got last year.

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Post ID: @1ktt+1qJfrLue

We have been told it’s not happening this year.

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Post ID: @1eib+1qJfrLue

Based on previous years I’m anticipating the global announcement 1/26 and specific award info on 2/2.

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Post ID: @qxy+1qJfrLue

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