Haven't Heard About the Extra 4% in Equity to be Held Aside?

[AANOTOK]

It's unfortunate you do not check the local TWU websites and see these comments are posted and allowed by the "elected local Presidents" and are not from me. And Reality, if this amazes you, then you sir are easily amazed!

 

[Kev3188]

Maybe all this heartburn is testimony to the ineptitude of the TWU ATD leadership for many years? I agree with NYer that it was poorly communicated, but that is merely another in a long list of missteps...

 

[MetalMover]

Maybe all this heartburn is testimony to the ineptitude of the TWU ATD leadership for many years? I agree with NYer that it was poorly communicated, but that is merely another in a long list of missteps...

All more the reason to dump the TWU.

 

[bob@las-AA]

After some number crunching, and following the formula the TWU provided. I will try to illustrate and try to come up with a approximate on what we all received the very first time as a percentage.
This example is from the M&R, and if any of you see a number the closely resembles yours, speak up.
The formula is for a (e.i. ATM) with 15 years, at $32.75. And the total number of shares is 23 million based on a $14.50 per/share price This is the numbers the TWU provided as an example.
(23000000*0.2291)*((.5*32.75/350000)+(.5*15/215000))+((23000000*0.0981)*0.00009400108363985784)+407+29+((23000000*0.0183)*0.000094) = 1118 shares for this individual with 15 years.
1118*14.50 = $16211.00
Now The TWU gave this example based on a stock price of $14.50, but we received a unknown percentage at $22.55. This reduces the number of shares but the total value will be the same.
But that burning question still remains, what percentage of the total value did we get on the first allotment? And what is the final allotment less the 14% TWU is holding. The
column on the left is a graduated percentage witch is based on the $22.55 s/p and the column on the right is what you might expect after the %14 TWU hold back.
Trying to figure out the payments in between is about 2% each. The total number of shares for the M&R is 55.29% of 23,000,000 totaling up to 12,716,414 shares for the M&R.
Now we have to subtract the TWU holdback of 14% witch comes to 19,780,000 shares left to distribute.
Now we plug the decreased number of shares into the formula.
(19780000*0.2291)*((.5*32.75/350000)+(.5*15/215000))+((19780000*0.0981)*0.00009400108363985784)+407+29+((19780000*0.0183)*0.000094) = 1023 shares for this individual with 15 years.
1023*$14.50 = $14833.50

$16211.00 - $14833.50 = $1377.50 less



Total EQ                      1st                2nd           3rd             4th         last
$14833.50 * 50% = $7,416.75  $1,483.35  $1,483.35  $1,483.35  $2,966.70
                    51% = $7,565.09  $1,513.02  $1,513.02  $1,513.02  $2,729.36
                    52% = $7,713.42  $1,542.68  $1,542.68  $1,542.68  $2,492.03
                    53% = $7,861.76  $1,572.35  $1,572.35  $1,572.35  $2,254.69
                    54% = $8,010.09  $1,602.02  $1,602.02  $1,602.02  $2,017.36
                    55% = $8,158.43  $1,631.69  $1,631.69  $1,631.69  $1,780.02
                    56% = $8,306.76  $1,661.35  $1,661.35  $1,661.35  $1,542.68
                    57% = $8,455.10  $1,691.02  $1,691.02  $1,691.02  $1,305.35
                    58% = $8,603.43  $1,720.69  $1,720.69  $1,720.69  $1,068.01
                    59% = $8,751.77  $1,750.35  $1,750.35  $1,750.35     $830.68
                    60% = $8,900.10  $1,780.02  $1,780.02  $1,780.02     $593.34
                    61% = $9,048.44  $1,809.69  $1,809.69  $1,809.69     $356.00
                    62% = $9,196.77  $1,839.35  $1,839.35  $1,839.35     $118.67
 
I hope this postes ok and its not all jumbled.
Hope this helps and just remember this all pre tax figs
 

 

[DallasConehead]

My crude ciphering and gozintas came up to about 1500 deducted off the bottom line. But I have to admit Bob, your ciphering is pretty elaborate and brilliant at 2:30 am when I'm usually counting sheep.

 

[TWU informer]

I disagree with the calculations. Nothing is those calculations take into account that as the value of the company in the 120 day period rises, so does our equity stake value rise.

 

[WeAAsles]

Maybe all this heartburn is testimony to the ineptitude of the TWU ATD leadership for many years? I agree with NYer that it was poorly communicated, but that is merely another in a long list of missteps...

The truth is that after the leadership change within the Int'l, the ATD was basically purged and gutted with quite a few knowledgeable people having been let go. The AA BK link was also brought down which prior to the changes was continually updated with information that many of us who wanted to be informed utilized and referenced. Information is now passed to the local to be conveyed to the membership. That process makes it slow and confusing as many times the local's aren't able to convey the information to the membership before it get's diluted and misinterpreted. It also put's them behind the 8 ball as many times they are playing catch up to what others discover and post on social media pages such as this and Facebook.

Many advocated for and demanded change within the Int'l and for good or bad that's what you have been given. So you can continue to throw stones but for some of you you're throwing stones at the very thing you asked for.

 

[TWU informer]

The truth is that after the leadership change within the Int'l, the ATD was basically purged and gutted with quite a few knowledgeable people having been let go. The AA BK link was also brought down which prior to the changes was continually updated with information that many of us who wanted to be informed utilized and referenced. Information is now passed to the local to be conveyed to the membership. That process makes it slow and confusing as many times the local's aren't able to convey the information to the membership before it get's diluted and misinterpreted. It also put's them behind the 8 ball as many times they are playing catch up to what others discover and post on social media pages such as this and Facebook.

Many advocated for and demanded change within the Int'l and for good or bad that's what you have been given. So you can continue to throw stones but for some of you you're throwing stones at the very thing you asked for.

 
That's because the problem isn't people, the problem is the power the TWU Consititution gives those people over the lives of the membership. Members in Tulsa keep believing that if we throw out the current leadership and elect new leadership the problem will be corrected. That hasn't happened yet, I have been working at AA through about 10 Officer election cycles and 7 International Convention Cycles. Still to this day, ALL supreme authority doesnt really rest in the membership's hands.

 

[WeAAsles]

 
That's because the problem isn't people, the problem is the power the TWU Consititution gives those people over the lives of the membership. Members in Tulsa keep believing that if we throw out the current leadership and elect new leadership the problem will be corrected. That hasn't happened yet, I have been working at AA through about 10 Officer election cycles and 7 International Convention Cycles. Still to this day, ALL supreme authority doesnt really rest in the membership's hands.

And some out there made (unpopular) motions that passed to change that. And of course as it always will it dies in committee. Your own local leaders that you elect don't support it. For of course 2 reasons. #1 They'll tell you in private that they don't trust the membership to make the right choice. Basically you're smart enough to vote for them but too dumb to pick who they think should lead us higher up. And #2 if you take the power out of there hands who can they schmooze to try and get there own comfy leather chair and nice perks in the Int'l? The membership has too many butt's to be kissed rather than just a select few.

If you guys really want that kind of change you have your work cut out for you. You need to lobby all locals in the TWU to get something like that done. And doing that will take a lot of time. Coming on here to complain just doesn't get the job done and changing out your union like stained underwear isn't going to work either. Your underwear will always get dirty unless you wash it sometimes.

 

[1AA]

And some out there made (unpopular) motions that passed to change that. And of course as it always will it dies in committee. Your own local leaders that you elect don't support it. For of course 2 reasons. #1 They'll tell you in private that they don't trust the membership to make the right choice. Basically you're smart enough to vote for them but too dumb to pick who they think should lead us higher up. And #2 if you take the power out of there hands who can they schmooze to try and get there own comfy leather chair and nice perks in the Int'l? The membership has too many butt's to be kissed rather than just a select few.

If you guys really want that kind of change you have your work cut out for you. You need to lobby all locals in the TWU to get something like that done. And doing that will take a lot of time. Coming on here to complain just doesn't get the job done and changing out your union like stained underwear isn't going to work either. Your underwear will always get dirty unless you wash it sometimes.

I guess your a TWU stooge because you think that the TWU will change if we all work together. Not going to happen. The only change after all these years of getting screwed by the TWU and their appointed back side kissers is to change unions. When we get rid of them for good then we will see a change for the better.

 

[WeAAsles]

I guess your a TWU stooge because you think that the TWU will change if we all work together. Not going to happen. The only change after all these years of getting screwed by the TWU and their appointed back side kissers is to change unions. When we get rid of them for good then we will see a change for the better.

AMFA is a union on life support. The only thing that keeps it alive is the RLA and the provision that contracts don't expire, they just become amenable. One day the politicians will come after that provision and bury you just like NWA did. A mom and pop store will never have the clout to stand up to the laws and big box retailers against it. And AMFA made themselves social pariahs within almost the entire labor movement. Keep selling that pipe dream world you're living in. It's certainly better than facing reality I'm sure.

7 write in votes at Usair. Keep the air in your lungs, you need it to continue breathing.

 

[Rogallo]

Precisely, a leopard can not change its spots!
 
TWU GOTTA GO!

 

[MetalMover]

The truth is that after the leadership change within the Int'l, the ATD was basically purged and gutted with quite a few knowledgeable people having been let go. The AA BK link was also brought down which prior to the changes was continually updated with information that many of us who wanted to be informed utilized and referenced. Information is now passed to the local to be conveyed to the membership. That process makes it slow and confusing as many times the local's aren't able to convey the information to the membership before it get's diluted and misinterpreted. It also put's them behind the 8 ball as many times they are playing catch up to what others discover and post on social media pages such as this and Facebook.

Many advocated for and demanded change within the Int'l and for good or bad that's what you have been given. So you can continue to throw stones but for some of you you're throwing stones at the very thing you asked for.

Speaking of change, how do you feel about the TWU now having taken 14% of your equity?

 

[1AA]

AMFA is a union on life support. The only thing that keeps it alive is the RLA and the provision that contracts don't expire, they just become amenable. One day the politicians will come after that provision and bury you just like NWA did. A mom and pop store will never have the clout to stand up to the laws and big box retailers against it. And AMFA made themselves social pariahs within almost the entire labor movement. Keep selling that pipe dream world you're living in. It's certainly better than facing reality I'm sure.

7 write in votes at Usair. Keep the air in your lungs, you need it to continue breathing.

I never mentioned AMFA to your reply. You just did. I see your on the defensive of losing your cash cow cushy TWU job. BTW: AMFA never campaigned at USAir when the Teamsters lost that election. AMFA is a threat to all TWU officers and Appointed goons.
Where do you fall in that category? I guess the APA and APFA are a Mom and Pop union as well by your definition. Way to go insulting the other unions on the property.

 

[MetalMover]

 
I hope this postes ok and its not all jumbled.
Hope this helps and just remember this all pre tax figs
 

Bob, I know you took some time out with the calculations and it is much appreciated. But using that TWU formula and simply using the $22.50 stock price instead of the $14.40 still does not add up.
I still came up short..... One of the metrics had to change in the formula.
 Of course those calculations were PRE 14% taken by the TWU.