Celgene Stock- what does this merger mean?

[anonymous]

why don’t you tell us what the best thing we should do with our sock options and RSU’s?

Having Stock options does not mean shareholder. Must be exercised & held. RSUs are owning stock and therefore you are a stockholder.

 

[anonymous]

What a lie! There is no rep who received 30,000 shares when they joined. They may have that amount total over years but not at one shot. Been here 13 years and no one got that at sign on, not management, no one!

Yes, there are reps who received that amount. I know many that received 20-25k shares.

 

[anonymous]

Do all unvested RSU's vest in Q3 when the merger is complete?

 

[anonymous]

Yes, there are reps who received that amount. I know many that received 20-25k shares.

At what price?

 

[anonymous]

Do all unvested RSU's vest in Q3 when the merger is complete?

thats what is normal and all stock options are vested at completion of the buyout.

 

[anonymous]

What a lie! There is no rep who received 30,000 shares when they joined. They may have that amount total over years but not at one shot. Been here 13 years and no one got that at sign on, not management, no one!

It was $30,000 worth of stock in a sign on bonus, and many got screwed out of it when the last reorganization happened.

 

[anonymous]

It was $30,000 worth of stock in a sign on bonus, and many got screwed out of it when the last reorganization happened.

In the beginning, it was 30k shares that reps received.

 

[anonymous]

In the beginning, it was 30k shares that reps received.

nope not factual

 

[anonymous]

nope not factual

This is some shill trying to make things sounds rosy.. NO person received that many stock option EVER to sign on at a rep level, not even close. Must be the same trolls that always talk about other subjects trying to get a reaction.

 

[anonymous]

This is some shill trying to make things sounds rosy.. NO person received that many stock option EVER to sign on at a rep level, not even close. Must be the same trolls that always talk about other subjects trying to get a reaction.

You are right pure nonsense. Just braggers trying to get people jealous.

 

[anonymous]

Many reps have 40,000. A select few have 70,000.

Hahaha. Gawd, you’re such a troll.

 

[anonymous]

thats what is normal and all stock options are vested at completion of the buyout.

Read the FAQ document. They do not vest

 

[anonymous]

The legacy reps are holding 100,000 vested shares.

 

[anonymous]

When I started in 1988 stock was .32¢ Many rep level multi millionaire’s here from grants and options.

 

[anonymous]

Ready to retire at 55 next year.

 

[anonymous]

I have scientist friends at BMS and Celgene. With all the mergers over the years, one ends up knowing lots of people. I worked in Pharma for a few decades. I finally took a buyout last year. I am so glad to be off this M&A rollercoaster. Managers are typically not told anything until the night before or morning of in regards to layoffs.

The "rules" for my severance package kept changing even after my last day. Keep a hard copy of everything before you walk out the door, keep contact info from HR. I had to send my acceptance letter of severance package immediately after receiving it by express mail. Some sent it a few days later and their severence was delayed. This happened at the end of year. Don't assume they will be fair. Be prompt in your responses, they will be aggressive in trying to contain costs. I ended up leaving my stock options in place for now. The company sold some of them without my input to pay income taxes. Good Luck!