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UPS Partners
2020 MIP
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<blockquote data-quote="QuickBrownFox" data-source="post: 5142201" data-attributes="member: 87808"><p>This vesting and lapsing confuses the hell out of me. In Merrill Lynch it shows that my entire MIP stock award from last year will lapse on 3/5/22. So does that mean I still only get 20% this year and the rest split up over the following years? What does "lapse" mean exactly? How would I tell when I'll actually receive any shares in my Computershare account and how much of my lapsed stock will I receive? All it shows is that all shares from last year will lapse on 3/5. So damn confusing. Thanks for any help.</p></blockquote><p></p>
[QUOTE="QuickBrownFox, post: 5142201, member: 87808"] This vesting and lapsing confuses the hell out of me. In Merrill Lynch it shows that my entire MIP stock award from last year will lapse on 3/5/22. So does that mean I still only get 20% this year and the rest split up over the following years? What does "lapse" mean exactly? How would I tell when I'll actually receive any shares in my Computershare account and how much of my lapsed stock will I receive? All it shows is that all shares from last year will lapse on 3/5. So damn confusing. Thanks for any help. [/QUOTE]
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