Oh please God let this be true 
Reported by:
- NotoriousNIG : /h/vidya
Ubisoft devs get double fricked! Turns out their retirement was tied up in shares of Ubisoft that will now be worthless as the executive team jumps ship for the new subsidiary company
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Rad_juju
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No way this is real, how is that basically insider trading?
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It's actually quite common to offer stock options to employees. Insider trading rules are usually avoided by requiring that the employees hold the shares for a long period of time before they can sell.
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Yeah, it seems like what's being described is an ESPP, which is very common and totally not illegal.
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I think they have certain windows where they are allowed to sell, right after earnings calls usually.
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It depends how it set up. For the grunts doing grunt work they likely vest over time. So if you get 100 shares over a four year vesting period you get 25/year that become free and clear to do with what you want. If it's over 5 years it's 20/year, etc.
It can add up and be a nice little yearly windfall. Executives are considered a "control person" usually and they're the ones subject to Rule 144.
If this was a pension or 401k match thing expect a lawsuit and easy payout since the employees likely couldn't access the securities until a certain age or length of employment. Some lawyer is salivating at this should it be the case.
"Bonus" is tough to decipher without more context.
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They'll also warn you not to sell right before a major announcement, because you can get investigated by the SEC for doing so.
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Oh I see they had to hold it for 5 years.
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Almost surely not.
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Not even needed tbh. I used to work at a very large company and we had a setup like this, but no minimum holding period. I sold mine basically every pay cycle because I'm not r-slurred enough to keep a significant stock exposure to my employer.
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I'm not sure how to say this without sounding like a simp, but it's both hilarious and attractive how you manage to come aross as a financial genius by following incredibly basic standard investment advice.
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Youre both r-slurred
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I don't get why there isn't a private market for rsu insurance
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pretty certain they're forbidden by contract
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Stock options are communism.
@Ubie discuss.
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There's no way people would just go on the internet and lie would they?
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Surely lying online is illegal!
Did you know there's an image of Marsey in the dictionary right next to the entry for "gullible"?
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Holy shit. It's REAL?
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No... Just no really. Insider Trading, as a legal concept, means you are acting on non-public information to buy/sell stocks. This is part of why companies almost always have a period of time where you must hold stock and sometimes even pre-plan/announce intended sales months ahead of time. Sure you get a better-than-public stock price but you have some fair roadblocks to prevent utilizing it illegally. It's not impossible to do insider trading in these circumstances but it is reasonably prevented.
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I was misreading things
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