Thread regarding Intel Corp. layoffs

Stock Acceleration Issue

Took package Sept 30, qualified rule of 75. Should have got 1 year stock acceleration but all non-vested RSUs were cancelled in Etrade. Working with Intel to resolve the issue. Anyone else have this issue?

On the plus side, they did inform me that the grant last December would be paid out in cash in Dec, I had totally written off that one, but I'll take it.

Good luck to those those staying, wishing you the best. Hopefully the Halloween earnings are not too scary!

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| 1741 views | | 15 replies (last October 30, 2024) | Reply
Post ID: @OP+1veUdUy4

15 replies (most recent on top)

"That wasn't a mistake, you don't get RSUs after you leave."

When you retire, you do dumdum.

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Post ID: @1zdi+1veUdUy4

That wasn't a mistake, you don't get RSUs after you leave.

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Post ID: @1yxy+1veUdUy4

The company is robbing money, last Dec. it granted the stock with $40, and now it will pay that with cash counted with $20 per stock.

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Post ID: @1vdf+1veUdUy4

@mfe
Yes vested all RSUs to 9/30/25

I kept track of everything and verified I got my full year of vesting.

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Post ID: @1jzh+1veUdUy4

It took my friend 2-3 months to get hers. I left last year rule of 60 and I swear I had all 4 years worth within 30 days.

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Post ID: @1vmm+1veUdUy4

Same issue.

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Post ID: @1xoh+1veUdUy4

@wks
Sold mine yesterday just above strike price😊

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Post ID: @mlp+1veUdUy4

Wondered about that but was just going to let it go until you mentioned it. The rest of my stocks from 2024 vested, but the stocks for 2025 just disappeared. Thought it was a grammar issue in that “one year” really meant “this year” and that I mis-understood. Did Intel vest your stocks due in 2025?

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Post ID: @mfe+1veUdUy4

In any case, it's possible that your RSUs will no longer be worth anything tomorrow.

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Post ID: @wks+1veUdUy4

I had same thing happen and still working on resolution. And for the mo--ns with the "DURRR NON VESTED RSUs ARE VOID HURRRR" - for Retirement eligible, you get 1 year of accelerated RSUs that vest when you leave...

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Post ID: @dbu+1veUdUy4

Canceled when we volunteered to leave. They are gone.

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Post ID: @jje+1veUdUy4

Non vested RSUs are forever gone upon leaving.

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Post ID: @pnr+1veUdUy4

Damn straight non-vested are void.
Just like you're little no-count RSU selves.

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Post ID: @mom+1veUdUy4

No issues on my side
All 1 year vested except the Dec ones

Did you look at the RSUs that vested. Look at the grant dates and expand. You should see a bunch of shares received oct 1

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Post ID: @rfn+1veUdUy4

I have the same issue. I believe the non- vested RSUs are canceled upon leaving.

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Post ID: @wqk+1veUdUy4

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