Thread regarding Verizon Communications Inc. layoffs

Stock grant payout date?

Anyone know the date of the stock payout we got last year ?

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| 2501 views | | 10 replies (last January 11, 2019) | Reply
Post ID: @OP+X34UtB6

10 replies (most recent on top)

supplemental tax yes

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Post ID: @1idk+X34UtB6

Will it be taxed?

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Post ID: @1iss+X34UtB6

valued as of 1/31. And the check date is 3/29 not 3/22. Paid off cycle.

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Post ID: @1mnt+X34UtB6

So is the value based on the stock price of 1/31, or the payout date?

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Post ID: @1rpg+X34UtB6

It is not paid on 1/31. That is the vesting date, As stated before the vest dates are 1/31 for each payout year. For 2018, the check date it will be 3/22. No action on your part is required.

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Post ID: @1vhp+X34UtB6

There are no options and nothing to do. It will be paid out to everyone that is going eligible. The 25 shares “vest” on 1/31 but according to the FAQ the payout will be made no later than 2 1/2 months after the vest date. Some of the wording in the FAQ states as soon as administratively possible. It shouldn’t take long consider we all get the exact same amount.

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Post ID: @1zxf+X34UtB6

Nothing is required it’s deposited automatically. Nothing need to be done

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Post ID: @1ggk+X34UtB6

Anyone know the process to get our 50 shares payout? Or what options we have/ what can we do with that 50 shares? I left Vrz on 12/28.

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Post ID: @1bju+X34UtB6

It’s paid on 1/31 of 2019 and 2020

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Post ID: @1zqu+X34UtB6

If you are referring to the 50 shares, first half paid check date 3/22

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Post ID: @1hjv+X34UtB6

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