4 ms·
Thanks for mentioning the safe harbor rule. We are actually aware of that. The issue here is that the company is asking the payment directly to the company's b
by breakds 2y ago
Thanks for mentioning the safe harbor rule. We are actually aware of that.
The issue here is that the company is asking the payment directly to the company's bank account, or the RSUs will be forfeited forever. This makes the situation much worse IMHO.
- kelnos 2y agoRight, the safe harbor rule isn't relevant here. The company is required to do withholding at the time the shares are delivered to you. They've chosen the most burdensome method for you as the only option. I'm not sure there's a way to legally force them to allow a sell-to-cover option, but I really hope so for y'all's sake. This feels really shady.