I have 43.5 shares of class A stock($5000). My 1st question is will i be able to sell my shares after the 2 year mark or will i need more shares. I should have 50 shares by april which will complete my 2 year waiting period from computer share. Question 2 how much of my money will i receive if I sell early. I heard they penalize you a certain amount. Question 3 how much is the early sell penalty and odd they penalize the gains only or the amount you personally invest.
Turdferguson
Just a turd
There is no penalty for early sell. You can't sells before 2 years because you got an employee discount on it. If you have less than 100 shares you have to convert them from A to B shares in order to sell them
How do you transfer them from class A to class B and will you lose the discount by doing so
Turdferguson
Just a turd
No you don't lose your discount for that. You have to download the forms from the site fill them out ,get a medallion signature( from your bank) and mail them back in. Whole process takes about two weeks
1989
Well-Known Member
My experience was. You have to sell in 100 share blocks. If you have less than 100 shares, you must sell all of them.
You cannot roll your shares in your own brokerage account until after the 2 years have passed. If you roll them into another account, they will convert them to class B
Shares.
You cannot roll your shares in your own brokerage account until after the 2 years have passed. If you roll them into another account, they will convert them to class B
Shares.
OK cool thanks man where can I find this information I haven't seen it on the computer share website.
Turdferguson
Just a turd
It's on the page you login on in the middle of the page next to where you login
Turdferguson
Just a turd
Also ignore anyone who chimes in that they just do it online....they have more than 100 shares and everyone of these threads they chime in with that little tidbit
Turdferguson
Just a turd
BakerMayfield2018
Fight the power.
Just do it online.
OK cool thanks I asked a few of the guys at work a while back and they all kept telling me that I would get penalized like 30 or 40 percent and then have to to pay taxes after that on everything I I invested plus the gains so I may just go for it and sell before the shares drop even further
Turdferguson
Just a turd
That is on your 401k, not your UPS stock
Turdferguson
Just a turd
youOK go it is figured that would have been on the actual computer share website I log in the site straight through google
1989
Well-Known Member
1989
Well-Known Member
More than likely
BakerMayfield2018
Fight the power.
In your face @Turdferguson
Turdferguson
Just a turd
You can’t. You have to own the stock for two years before you are allowed to sell it
Turdferguson
Just a turd
Similar threads
