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Brown Cafe UPS Forum
UPS Retirement Topics
Held shares in Merrill Lynch account
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<blockquote data-quote="Catatonic" data-source="post: 1043191" data-attributes="member: 7966"><p>There was a e-mail memo that came out that took the user to UPSers.com.</p><p>They intimated/implied that it might be a bit bumpy transfer.</p><p></p><p>Gist of the memo:</p><p>While the MIP RSUs will vest on October 15 and the corresponding UPS Class A shares belong to participants as of that date, there remain a series of required processes in UPS Payroll, Investor Services, and at Computershare which will not be completed until Friday, October 26. Therefore it is on October 26 that participants will see the UPS Class A shares deposited into their Computershare Shareowner Services accounts.</p><p></p><p>For what it's worth, it will come out OK but will be Oct 26th before it will be apparent.</p><p></p><p>PS - It will no longer be MellonOne - they will be deposited into Computershare (formerly BNY Mellon) Shareowner Services accounts</p></blockquote><p></p>
[QUOTE="Catatonic, post: 1043191, member: 7966"] There was a e-mail memo that came out that took the user to UPSers.com. They intimated/implied that it might be a bit bumpy transfer. Gist of the memo: While the MIP RSUs will vest on October 15 and the corresponding UPS Class A shares belong to participants as of that date, there remain a series of required processes in UPS Payroll, Investor Services, and at Computershare which will not be completed until Friday, October 26. Therefore it is on October 26 that participants will see the UPS Class A shares deposited into their Computershare Shareowner Services accounts. For what it's worth, it will come out OK but will be Oct 26th before it will be apparent. PS - It will no longer be MellonOne - they will be deposited into Computershare (formerly BNY Mellon) Shareowner Services accounts [/QUOTE]
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Held shares in Merrill Lynch account
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