Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why isn the award distribution in cash?

award cash distribution
0
Posted

Why isn the award distribution in cash?

0

ShareValue Trust was designed to give eligible employees on a U.S. payroll the opportunity to become Boeing shareholders and benefit from future growth in the value of Boeing stock. After they receive it, employees may manage their award distribution in any way they choose including selling the stock. There are exceptions to the statement above. All participants will receive some sort of cash award distribution. Circumstances for a cash payout include: • When after stock is purchased for the employee there is a cash value remaining that is less than the price of a full share of Boeing stock. • Participants who don’t have enough months of eligibility in the investment period to make their after-tax distribution amount large enough to be payable in at least one share of Boeing stock. • Participants paid through a non-U.S. payroll. • Beneficiaries of deceased employees.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.