Thread regarding Cisco Systems Inc. layoffs

RSU accelerated vesting

Can anybody explain how this works?

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Post ID: @OP+1kd3qLHh

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To the ELT, "tens of thousands" is nothing -- they really don't care. I have a huge cliff in June that is now worthless.

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Post ID: @3yei+1kd3qLHh

If you have RSUs vesting by the package date, they’ll make them vest early so you get the stock to keep it sell.

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Post ID: @tcf+1kd3qLHh

Any of your leftover RSU's not accelerated go right to Chuck

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Post ID: @yia+1kd3qLHh

I got LR’d Oct 2020 and had RSU’s but this aspect of the package is borderline worthless. It had zero value to me. $25k or more simply lost.

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Post ID: @cxu+1kd3qLHh

Theft

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Post ID: @etp+1kd3qLHh

You get Fired,
You get the RSU which would vest at March.
Make you very very good deal and happy seasons greetings from our ELT

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Post ID: @ylh+1kd3qLHh

If I read the literature correctly. It means they’ll give you anything you had coming that would have vested through March. Not really that great of a deal since I’m losing out on tens of thousands of dollars worth.

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Post ID: @awv+1kd3qLHh

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