San Ramon, CA asked in Business Law and Employment Law for California

Q: Company is telling my vesting date for RSUs is not my work anniversary but a month later but the contract says otherwise

I started on April 12th, 2021, and signed an offer letter to vest on the first anniversary Due to low stock price the company decided to grant us RSUs. The amendment states the RSUs shall be vest upon the first anniversary of your employment date. However, the company is telling me I will not vest until the scheduled vesting date of May 15th. I plan on quitting my job on my anniversary and would like to receive my stock. Are they correct to not grant them to me?

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1 Lawyer Answer
Neil Pedersen
Neil Pedersen
  • Westminster, CA
  • Licensed in California

A: It would be extremely reckless for any attorney on an internet Q&A site to give you specific advice about how to proceed related to a written contract. The contract and the other circumstances of its making must be understood to give such an opinion. If you need an answer to this, you will have to locate and consult with an attorney who can be allowed all of the information needed.

Good luck to you.

1 user found this answer helpful

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