Thread regarding Verizon Communications Inc. layoffs

Leaving before sti is given out

If I leave before late February when the sti given out, will I not get it?

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| 1291 views | | 4 replies (last January 16, 2019) | Reply
Post ID: @OP+X9mtQM7

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The vest date for the stocks Jan 31st. Meaning what ever the stock price is that day will determines the pay out amount. But the payout deposit is not until 3/29. I confirmed with the RSU team yesterday via email.

They also advised that direct deposit only stays active for 60 days after off payroll date. For this is us (me included) that were off payroll 12/28 will have the check mailed to address on file as the payout is 90 days after our term date. So make sure your address is updated.

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Post ID: @apw+X9mtQM7

OP, I too left before a s-xually transmitted infection was given out.

Prudent move., though I’m not sure if you leave before late February whether you’ll be affected or not.

Best of Luck.

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Post ID: @jwj+X9mtQM7

X9mtQM7-aer thank you. And the stock is Jan 30th correct?

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Post ID: @ebr+X9mtQM7

You willget it.Only requirement is to be on payroll on Dec 31st

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Post ID: @aer+X9mtQM7

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