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I have cleared the first round of the interview with Seimens and my second round is next week. This first one was an online technical round and the second one is a face to face interview on site for which they have asked me to fly down to Bangalore (cost reimbursed). The HR said that there are only two rounds.
I felt that my first round didn't go so well but they still called me for a second. What should I expect from this?Siemens
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How much are you guys making ?
Whether you can take them in kind is going to depend almost entirely on the stock and option grant agreements. You need to review those. But you also don’t need an expert to value them, unless it’s not a publicly traded company, in which case things just got a lot more complicated.
Thanks for the comment.
Wife would have to keep my blocks still in her name and as if and when, I’ll ask her to sell my RSUs and options
I think court wants expert to value unvested RSUs..
It’s a publicly traded company
You may be able to take “your share of value” if and when they are exercised or the RSUs vest, and your ex essentially holds your rights to them in a constructive trust. Typically they are not transferable. You should get to a knowledgeable divorce attorney ASAP if you don’t have one already for further guidance.
I deal with high net-worth matters all the time. The above responses are absolutely correct.
You need a new lawyer!
Agree with the above. You need a family law attorney well versed in high asset divorce. I deal with RSUs all the time, but how they are handled is dependent on what state you are in. My state is a community property state, so we need an expert to identify the community versus separate portions using a formula established via case law. If you’re in a CP state I can definitely understand your arbitrator’s directions. Good luck!
We consider ourselves a CP state but require equitable distribution. So same thing really.
Regardless, with your arbitrator’s comment it seems clear you should get the expert and do whatever the arbitrator wants done. You want your decision-maker happy! And you DEFINITELY need an attorney that is experienced with RSUs specifically. They are different than straight stock awards and much different (of course) than options.
I changed the law in my state on the division of RSUs through the Kentucky Supreme Court. See Normandin v Normandin.