Thread regarding Oracle Corp. layoffs

RSU vesting

Do RSU vest for riffed employees?

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Post ID: @OP+Yf79mLh

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If one gets rehired (start date) within the 60 day period (WARN in CA) then what happens to the unvested RSU's ?

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Post ID: @4bix+Yf79mLh

It's not dependant on your package, unvested in unvested and says in all documentation when it is granted to you that it goes away when you leave employment, regardless of how you leave it.

Unvested RSU and stock options are gone immediately.

Vested stock options with all expire in 4 months (that's the expiration date of mine) so sell them now while the stock is up ($53+)

Any vested RSU's are converted to stock (as opposed to stock OPTIONS) that you own until you do something with them.

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Post ID: @1msu+Yf79mLh

No. Once your RSUs best, they become stock you own. Vested options on the other hand expire 90 days after your employment ends, so be sure to exercise any that aren’t underwater before that.

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Post ID: @1sgv+Yf79mLh

What about the already vested ones? Will those go away too after a RIF?

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Post ID: @1nkr+Yf79mLh

Nope. Source: lost all mine

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Post ID: @tuc+Yf79mLh

No they do not, you lose all RSUs.

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Post ID: @pqt+Yf79mLh

I think that unvested RSU's are typically lost when laid off. Not sure how it works for those covered by WARN

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Post ID: @ddl+Yf79mLh

Its not guaranteed either way. It depends on your package.

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Post ID: @bli+Yf79mLh

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