Started with Cisco March 12 Board meetings schedule - 3/27 , 6/5 Now I am told that my rsu grant will be approved in 6/5 not in 3/27. Is this correct? This info is from HR and there is no document available with her when I asked. So this is 3 months delay in schedule. In case I decide to leave Cisco before 4 years I loose 3 months RSU. Is this correct process?
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There’s two board meetings - one in June, one in November...so yeah, you’re not getting lied to
I am not concerned about getting laid off. I am concerned about delay.
Yeah, maybe you’re not understanding what I’m saying... Though you have an RSU set - it’s not official until it’s approved by the Board of Directors in a public company. That next meeting is June. Once approved, your RSUs begin to vest from that date. So after one year from June, you’ll get 25%, and then every 3 months after, you’ll get 6.25%. Has nothing to do with being laid off...mostly every company is like this.