Thread regarding Fidelity Investments layoffs

P Shares

hey everybody, so I know a friend who walks dogs with a person that has a casual friend that they get coffee with sometimes who once went on vacation with somebody but they’re now friends who knows someone who became a VP at fidelity and they were talking about P shares. They said the P shares cash-in in June, but that was very confusing. How do they award shares in December and then they cash-in in June most all the other shares cash in on a yearly basis and payout in March, can someone help me understand that?

please, sarcastic, off-topic, humorous responses only


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| 17 views | | 5 replies (last 3 hours ago) | Reply
Post ID: @OP+1m2xcypmt

5 replies (most recent on top)

@126 mine vest at the end of the year, just like I shares, but they payout in June vs I shares which payout in March.

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Post ID: @13b+1m2xcypmt

seriously, do p shares cash out in june? and how if they are awarded in december??

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Post ID: @126+1m2xcypmt

VD shares are being awarded to those working at Infidelity, lots of upper level folks are being awarded them.

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Post ID: @hg+1m2xcypmt

rumor has it there will be a new share class "BDO shares" specific for Boston Dev Ops alongside a full 100% wfh exception

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Post ID: @ay+1m2xcypmt

Look. If this is what you do for fun you deserve RTO and I hope filk food gives you diarrhea. The only P shares you deserve. Weirdo.

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Post ID: @a7+1m2xcypmt

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