For example If 10k vests, they keep 3k or so to pay taxes on the award, so you see 7k in your account. Then when you sell the 7k that vested you get hit with taxes again. Accounting-wise it's better or the company. Tax wise for the individual it's... — read more 

That's all

@1953 It's done per CHK company policy when restricted stock grants, the equal portion of stock to income tax is withheld.

@1923…it's lower than you expected because shares were traded for "taxes." I'm not sure how they can do that when you weren't necessarily going to sell your shares. I would think that taxes would be your responsibility when you sell your shares and... — read more 

Bonuses are going to be higher that expected - much higher. Also, extra $$$$ gift in Jan/Feb and promotions.

F you 1927, go f your own ass forever!

What is everyone expecting the bonus amount to be? As good as year's past? We get two bonuses, per the email I received last night. So thats good.

Anyone else get a shit ton of emails overnight? Not quite sure the stock vest looks correct, was anticipating a larger balance based on what the unvested balance showed a couple days ago.

Can anyone advise whether or not we get 100% of our 401(k), including company matched funds (Current Balance), or only that which has vested thus far (Vested Balance)?

just askin

Well I guess ER is still trying to figure this out. PTO should never be a separate check. It should have been paid on the last regular check and severance doesn't count as pay earned, which is what unemployment goes off. This is a prime example of... — read more 

If you still had PTO, you'll get two more checks. One with a months pay and then one with any PTO. Happy I didn't take many vacation days! I'm not really sure what day our stocks are supposed to vest, but that doesn't happen till they make sure we... — read more 

CHK is reporting to the state that they are paying us through 12/20 even though the documents declare our last date of employment as 12/9. Still no stocks vested, no notifications. Screw me and I'll post my hidden videos from meeting on YouTube, try... — read more 

Know people still at chk , none of them feel safe or that another layoff isn't looming ahead

Congrats to Aubrey! Can't wait for American Energy Partners to relocate to the Chesapeake Campus!!

Thanks for the info!

Refer to your "COPY" of the Severence Benefit Agreement. There is a section that covers the Cobra information. To sum up, you will receive a lump sum to cover whatever your BCBS plan was for 30 days. You don't have to use Cobra if you have other... — read more 

Was there a cobra election doc in with the severance docs that I missed or something? I didn't notice anything in there specifically regarding cobra

Can someone shed a light on how the cobra benefits work? I found a new job amd they are offering me full benefits. Can i cancel cobra and get a refund? Any info on this topis is appretiated

@Rob - just go away

Check out the lawsuit in Stark County North Dakota that Chesapeake is involved in , very interesting.

I won't keep posting here, but just want to respond to the messages about my last post. You may not like my overtures, but there is nothing shady about it, and I'm not asking anyone to violate confidentiality or the law -- just want to hear about... — read more 

I heard that Chesapeake has sold the entire leasehold of 400,000 acres plus in the Williston Basin. Stark, Hettinger, counties etc to a company located in Houston, Texas. Does anyone know the company? The leasehold is worth Billions of dollars.

Rob, since your 1st post I have done a little digging. It turns out that CHK doesn't even have an accounting department! They grew soo quickly they just forgot to create one! Imagine that!!

Any news about 2014 layoffs?

Rob - your post is shady... This is not the way to go about this - accounting info is confidential, especially in a public company. I found your old post, it's as shady as this one... Sorry, but you should not be using this forum for this agenda -... — read more 

Hey, I'm the reporter that has been soliciting folks on this thread. I'm now trying to find someone who worked as a revenue accountant at Chesapeake who might be willing to talk about the company's strategy for offsetting or managing operating costs... — read more