Really?
21 replies (most recent on top)
@26t login to equate - library - docs - grant accept
@f4 where do you see the 5 year lookback? I'm not seeing that in the RSR document for the $2k. What section and/or give the exact verbiage of 5-10 words so one can search. thx
@e6. It’s a 3 year cliff vesting. You get all shares in June of 28. All dividends will purchase fractional shares that vest at the same time. When the vesting happens roll all the shares to your own brokerage account at WellsTrade or wherever you have it. Then have Equate cash out the fractional share.
@fc+1k0a3bw94 It is more than the 60 - 90 days required notice.
Reading is hard.
Give a proper notice and you’ll have no issues. It used to be the decent thing to do.
Read the fine print.
Accepting the RSRs consents to the new termination notification schedule, and clawback of 5 years’ incentive compensation (bonus) and all RSRs vested or paid over the prior 5 years (supersedes the related disclosures) including RSR portion of bonuses, hiring incentives, equity buyouts, long term incentive awards, etc. - for random actions or nonactions, as determined at the sole discretion of the Bank, with no opportunity for arbitration.
Hard pass.
@e6 that’s now what the vesting schedule says dude. Just look at equate plus and stop winging answers like the needs improvement you are
I know we get a lot of doomer info on here - but consider one thing. The annual interest on the natural debt is 925B. There will soon be a currency crisis which will also include out of control inflation. DC will change nothing to help this - its all about blame. All of this including your personal accounts will be worthless.
each year 1/3 of reward will best, so for your total of 27 RSUs you'll get 9 next year, 9 in year 2, and the last 9 in year 3. Also, because of dividends you'll have some fractional shares. each year when they vest enough shares will be sold to cover taxes, from there you can either hold the shares or sell them whenever.
Very shady how wf is not emailing those inactive but that qualified for the award. If you’ve been displaced before 6/4/25, go into equate to accept.
Thanks for all the hard work you put in and we want to reward you but 3 years from now. F Wells Fargo! So glad I got out
It will pay for my monthly parking costs.
Old news.
@ae - I was displaced 3 weeks ago and contacted HR and after 2 attempts, I luckily talked to a knowledgeable support team member and accepted the shares on equate. Waiting for Wells Fargo’s email to my private account world have been a waste.
You should have received an email from HR, not Equate Access
email went out today, at least I got it and I didn't see it in equate plus until today. I was in it on Monday and didn't see it. I'll have to wait a few days to accept because as of now the system can't handle the increased volume and is down.
@ac It has. I only discovered this accidentally because I logged into my EquatePlus account. The award to ack happened weeks ago (during my notice period) and I had until October. EquatePlus did not have an email address on file for me. I suspect I am / wasn’t alone in this disconnect. Hope this helps somebody. And, I especially hope nobody misses out because they didn’t even know they had to ack the grant.
@a4 has the award gotten to the point where it can be accepted?
Charlie’s Employee Appreciation Program (CHEAP)
OP should have their shares rescinded
It vests June 6, 2028, which is in less than 3 years. (I know, math is hard)
FYI - Even if you think you will be laid off, you should still accept the award!! Retirement, displacement/redundancy, and death are all valid reasons to receive the award. Don't leave money on the table.