Assuming that the deal will go through, does anyone know what will happen to the unvested RSUs that employee own.
If they transfer over as 0.25 of AVGO then everyone gets an additional 70 usd per rsu (based on current market value) . For some reason I can't see Mr Hock being that generous. Anyone have any thoughts on how this will play out, could he just pay out all unvested RSUs at the purchase price of 143?
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Bad info here, the handling of RSU's was defined from the very beginning.
Vested stock gets the option to cash out at $142.50 (which you'd be stupid to do) or converted to .252 of AVGO (which would be $221.49 as I type this).
Unvested RSU get converted to .252 of AVGO - which at today's price is $221.49 per share. And also a steal because VMW company was in the toilet and barely a $100 stock when the announcement hit.
It may be the only good news.
Unless you're a VP and it's agreed prior you'll loose unvested RSUs. May (depending on grade) get some AVGO shares when it completes
Are you VMW employee? This has been already answered in detail the internal slack channel clearly with examples.... why even ask this here in the forum.
Dude/Dudette? You come out weak, with a false assumption, immediately. Are you assuming you'll receive any response other than "back away from the bo-g"?
Unvested RSUs get converted just like any current VMW shares at the same conversion rate. However, this is IF you get retained by Broadcom, otherwise all unvested shares are lost just as it is with any other layoff.