Thread regarding NetApp layoffs

hold RSUs after acquisition?

got some rsu from promotion this year. do i hold until after acquisition is done or do i sell now? if i get trimmed in the fat, i believe they are forfeited.

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| 1494 views | | 8 replies (last August 2, 2024) | Reply
Post ID: @OP+1tyFLuVx

8 replies (most recent on top)

@ewsh+1tyFLuVx

This is inaccurate. Various schedules exist for RSU vesting. Employee stock purchase programs for stock that is sold within 12 months of purchase date pay a short-term capital gains tax.

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Post ID: @gezz+1tyFLuVx

If the have vested (usually 1/3 vests each year for 3 years), then the shares are yours to keep. There a penalties for selling within 12 months of vesting, though.

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Post ID: @ewsh+1tyFLuVx

Are the consultants in the room with us right now?

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Post ID: @2imp+1tyFLuVx

@OP+1tyFLuVx are you seeing the outside consultants in your office?

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Post ID: @1fxf+1tyFLuVx

and this is from the horse's mouth himself.

the story here at netapp, just collect your paycheck and do your job. every 2 quarters just check in here to make sure you're not at risk for layoff. if there's rumors then just follow the same routine

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Post ID: @1oui+1tyFLuVx

The only acquisition rumors I've seen have been on this site from the odd fellow with an unhealthy obsession with Oracle.

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Post ID: @1gmk+1tyFLuVx

What acquisition????

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Post ID: @1yyp+1tyFLuVx

Are you vested? If not then you cant do anything.

Most likely they will accelerate if a deal is done

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Post ID: @qdz+1tyFLuVx

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