Thread regarding Verizon Communications Inc. layoffs

Stock Together

Email today says payout is 1/8 in April and 1/8 in Oct. Anyone else notice this? The 1/3 per year seems to have been eliminated.


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| 471 views | | 45 replies (last 27 days ago) | Reply
Post ID: @OP+1m3x4vj2j

45 replies (most recent on top)

Yes. It's vesting twice a year on a 4 year schedule.

So if we are to leave voluntarily before the payment date on 10/29, would we still get that payout? As long as we are still employed on the date it vests (today 10/1)?

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Post ID: @ac+1m3x4vj2j

The small print almost made me miss it. I bet many missed it too. Very deceptive.

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Post ID: @a9+1m3x4vj2j

Did you also notice it pays out every 4 years (not 3 years)!

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Post ID: @a4+1m3x4vj2j

I didn't get an email.

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Post ID: @a3+1m3x4vj2j

+1 I noticed it too.

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Post ID: @a2+1m3x4vj2j

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