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Question on stock options

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Anonymous said:
Following the acquisition, will our stock options vest automatically or will they be converted into Actavis options?
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Gee, that's a great question. Along with many others that have been asked we don't know the answer yet. We ask you to keep working hard, update Veeva daily, drive sales harder than ever before, attend the awesome regional meeting and maybe we will get back to you. Oh and maybe, just maybe, you can keep your job.
 




Unvested stock will fully vest and you'll be paid out on it upon the close of the aquisition. You're both inept if you really didn't know the answer to that question at this point. Be resourceful, find answers that are important to you, understand the situation and move on in whatever direction you'd like.....like an adult who understands that this is part of the business. Just please stop crying in the spilled milk.
 




Same story at Floptimer. You will not be retained. They hire loser unemployed contract managers to crack the whip to the end filling you with false hopes of potential retention while they hold back your expense reports on BS. I feel for you guys but use this opportunity to interview up a storm and get out. !!
 




Anonymous said:
Unvested stock will fully vest and you'll be paid out on it upon the close of the aquisition. You're both inept if you really didn't know the answer to that question at this point. Be resourceful, find answers that are important to you, understand the situation and move on in whatever direction you'd like.....like an adult who understands that this is part of the business. Just please stop crying in the spilled milk.
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Spot on. Seriously!
 




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