Thread regarding Verizon Communications Inc. layoffs

Severance - Stock Together payout

I know the documents say 30-60 days for them to be paid out but has anyone gotten a more precise date. Specifically for the 12/19 sev group


by
| 1132 views | | 7 replies (last January 13) | Reply
Post ID: @OP+1kew2nc46

7 replies (most recent on top)

I haven’t received mine yet.

How many are still waiting for their severance check?

by
| | Reply
Post ID: @b6+1kew2nc46

I called and asked Fidelity about the RSO's because I also saw the 12/19 vesting date on mine, they told me that while yes, their UI says that RSUs have vested, it will typically be about 30 days after that before they are paid out. The individual I spoke with couldn't provide a specific date and apologized for their confusing UI.

by
| | Reply
Post ID: @b5+1kew2nc46

@OP this isn't collections

by
| | Reply
Post ID: @aj+1kew2nc46

I can see all my RSUs vested in the Fidelity portal on my last day 12/19, but I am unable to executed them, so not sure what is going on there.

by
| | Reply
Post ID: @ah+1kew2nc46

I started at Verizon this past summer and I'm off payroll next month. So a total of 7 months employment. I was awarded several thousand in RSUs as part of my offer when I joined the company. Can I expect to receive any of this? Does anyone know?

by
| | Reply
Post ID: @a6+1kew2nc46

yeah i got the severance check last week but the Stock Together Rsu’s are still sitting in the LTI account, just curious if anyone got a date on those yet

by
| | Reply
Post ID: @a4+1kew2nc46

@OP laid off Dec 19, got the severance paid out last Friday Jan 9.

by
| | Reply
Post ID: @a2+1kew2nc46

Post a reply

: