267 shares? What a joke!

[iluvaa]

And what does it have to do with Obama, take it to The Water Cooler, Congress sets the tax rates not the President, its simply amazing how people dont know how the government works.

golly gee Wally you've gotta be the smartest guy around I mean you were on the negotiating committee and all

 

[Bloodhound]

 
Obama thanks you

 
 

And what does it have to do with Obama, take it to The Water Cooler, Congress sets the tax rates not the President, its simply amazing how people dont know how the government works.

Oh, for Pete's sake 700UW, why must you take thing so freakin' literal??? It's a tongue in cheek comment, relax bud.

 

[cltrat]

Oh, for Pete's sake 700UW, why must you take thing so freakin' literal??? It's a tongue in cheek comment, relax bud.

he had the nerve to cast a negative thought about Obama

 

[Jacobin777]

Nothing "irrational" about it. They are all losers that needed to go. The thing they were best about was taking bonuses while losing BILLIONS of dollars and letting a judge run their company by forcing cuts on labor and creditors. Even WT could have done that! Now that the merger is complete, let's continue the letting go of current AA managers that hasn't/wasn't finished yet. I hope Hector starts changing the base managers in the flight service dept soon. As far as I know, only one should be safe and that is Carvata in ORD! All the rest need serious examination. Starting with LAX.

 
Just so you get your facts straight, Horton wasn't part of the team making those huge losses. If anything, Horton should be congratulated for the incredible job he's done with AA.
 
Also, since every single other legacy filed for BK and losing billions, as well as making money in bonuses, shouldn't they be vilified as well?
 
Finally, what makes you think Parker will be so effective?

 

[mike757]

so within the next one hundred and twenty days, we should receive more stock roughly equivalent to what we were issued Monday right or wrong?

 

[Bogey]

I will try to explain this in simple terms. You did not get shares, you received a value. That value was converted to shares based on current price minus taxes. Your value due over the 120 days will not change.

So here is a simple example not using taxes. Your piece of the equity (value) stake was 2000 dollars. Let's say the stock price opened at 1 dollar. So yesterday you got 1000 shares. If over the course of the next 120 days, the price of the stock stays at 1 dollar, you would get 1000 more shares for a final value of 2000 dollars. Now let's say the price of the stock in 120 days was $1.50. Your current value would be 1500. You would then receive 334 shares to make up the 500 dollar difference between your current value and the original value of 2000 dollars. So if you do not sell any, at the end of 120 days, you value will be 2000 regardless the current price of the stock.

Does that make sense?

 

[Rogallo]

 
 
Oh, for Pete's sake 700UW, why must you take thing so freakin' literal??? It's a tongue in cheek comment, relax bud.

Really?

 

[FWAAA]

so within the next one hundred and twenty days, we should receive more stock roughly equivalent to what we were issued Monday right or wrong?

That's right.   While you might get more stock at 30, 60 or 90 days, it's unlikely.    More likely is that you'll get another distribution about 120 days from now, and it should be about the same number of shares as you received yesterday.
 

I will try to explain this in simple terms. You did not get shares, you received a value. That value was converted to shares based on current price minus taxes. Your value due over the 120 days will not change.

So here is a simple example not using taxes. Your piece of the equity (value) stake was 2000 dollars. Let's say the stock price opened at 1 dollar. So yesterday you got 1000 shares. If over the course of the next 120 days, the price of the stock stays at 1 dollar, you would get 1000 more shares for a final value of 2000 dollars. Now let's say the price of the stock in 120 days was $1.50. Your current value would be 1500. You would then receive 334 shares to make up the 500 dollar difference between your current value and the original value of 2000 dollars. So if you do not sell any, at the end of 120 days, you value will be 2000 regardless the current price of the stock.

Does that make sense?

I don't think that's correct.    

 

[Bogey]

Maybe it is wrong, I just base it off the document the company sent out last week which shows how the total amount of shares distributed over the 120 period differs based upon stock price. If I can figure out how to post it on my iPad, I will

 

[Bogey]

I can't get it to post, but here is the jist,,,

Open price 20. If it stays at 20 over the 120 days, 91 million shares distributed to employees.
Price rises from 20 to 24, 81 million shares distributed to employees.
Price falls from 20 to 16, 102 million shares distributed to employees.

Again, all comes down to price of stock at 120 days out. You may get more if the price goes down. It's all about the value.

 

[IORFA]

Just so you get your facts straight, Horton wasn't part of the team making those huge losses. If anything, Horton should be congratulated for the incredible job he's done with AA[/quote

Man, how did I miss all those years where Horton didn't work for AA? Of course he was here. He was at AT&T for just a few years. Some people on here give him all the credit for the aircraft order. Which also might be revisionist history. So which is it? Here taking bonuses for helping to ruin the company? Or not here making those huge losses?

 

[MetalMover]

The way I understand it is we should receive the remaining 50% of our VALUE over the next 120 days....All correspondence on the equity matter clearly states that over the next 120 days the amount of shares will vary based on stock price. 
So looking at the VA:LUE of the statement dated 12/9....You should receive that value once more...The amount of shares most likely will not be the same.

 

[limit]

 I don't think that's correct.

It is , the value of the 4.8 union claim was determined by last Fridays LCC close price, and was partially distributed in shares , we could receive more shares if the price falls and less if the price rises depending on share price.The company is paying us the total value of our claim as determined last friday not a set number of shares. .
Also 5% of our money was held back to cover other claims. When those are finalized there could be another distribution of those funds if any.
Assuming Mondays was a 50 % distribution we actually received half of 95 % the rest we might get depending on claims.

 

[enough already]

That's right.   While you might get more stock at 30, 60 or 90 days, it's unlikely.    More likely is that you'll get another distribution about 120 days from now, and it should be about the same number of shares as you received yesterday.
 
I don't think that's correct.    

I don't think that's right either. Our value was X amount. They gave us approx. half of it when the stock was at 21.55 so it took a certain amount of shares to equal that. When we get the rest of it, whatever the value of the stock is at that time will determine the number of shares we receive to equal the balance. IMHO

 

[comatose]

The way I understand it is we should receive the remaining 50% of our VALUE over the next 120 days....All correspondence on the equity matter clearly states that over the next 120 days the amount of shares will vary based on stock price. 
So looking at the VA:LUE of the statement dated 12/9....You should receive that value once more...The amount of shares most likely will not be the same.

 
 
So it's a value. 
 
For all the folks on here saying how the stock price has increased in the last few days and what a good investment it will be-
this value is nothing more than a 120 day savings account and invest your value in 120 days.
 
You will receive your value at the end of 120 days.
 
If i'm wrong fire away.
 
Either way IDC SIIYA