Can you ace our Stock Together quiz?On March 11, 2020 by Raul Dinwiddie
Hey guys, we’re all excited about Stock Together, started this month. What I really want to know is, what do you know about Stock Together? So I know it’s a brand new stock program that’s taking the place of the profit sharing that they used to do. I’m intrigued that employees have an opportunity to share in the success of the company. I’m going to ask you a few little basic questions about the way it works. Were you peeking at the answers? I was trying to. So when does your Stock Together RSUs actually get paid? Last Monday. March 2nd, 2020. Wait, no. A year from… Third week of March. I’m thinking years, years. 2021. 2023. So for the correct answer, we’re going to send it over to Erin. The first payout would be in March 2021, the second payout in March 2022, and third payout in March 2023. Exactly three years after the award was granted to you. Will I ever get another RSU award? Yes you will. You get paid out like on a rolling basis. So next year you get another set that vests in three years. You’ll get another award. Look at that, it’s like she studied for this, this is crazy. Good news, as long you’re an active and eligible employee you’ll get one every year, subject to board approval. Oh, I got that one right? How do I sign up for the Stock Together program? There’s nothing to sign up for. You’re automatically enrolled. Boom! Aren’t’ you automatically put into it? There’s no stumping Matt here. You don’t have to. That’s a company sponsored program. You don’t have to do anything. Verizon does all the work for you. All you have to do is have been an active employee on March 2nd which was the first Stock Together grant date and you’re in. So now that you know all the answers I encourage you to go to VZWeb, take the Stock Together online quiz. Get all the questions correct and you’ll be entered to win some Stock Together swag. But guess what, with Stock Together we all win. And until next time, you’re up to speed.