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Reply to "Capital One’ Performance Management System"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My spouse isn't concerned about it. Director level. Bonus was about $45 K including some stock that I don't totally understand. But I'll take it![/quote] Haha. I totally don’t understand the stock either, with some sort of weird 3-year vesting or something. I don’t even try to understand, but it’s turned into a pretty substantial portfolio.[/quote] 3 year vesting for stock is not weird! The point of giving an employee stock is so they are directly tied to the company performance over a longer time period. 3 years is consistent with other financial institutions.[/quote] Calm down. I’m joking. I just don’t care enough to know all the details. [/quote] Other PP here who said I didn't understand it. I actually do. It's not just that it takes three years to vest. It's divided in thirds and each year you have a batch at different stages: can cash out / vesting / vested (after year 3). [/quote]
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