Thread: DCC anyone?
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Old 10-29-2008 | 09:41 AM
  #11  
slowplay
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Originally Posted by Ralphie
Anyone know how the equity/DC payout will work with respect to what date the stock price will be used to determine the amounts?
From what I've read we get a fixed number of shares. The price when issued will determine whether or not it all goes into the retirement accounts or some comes as cash. I think none of it comes to us until 2009, however, but I think the price will be the stock price at close of business on DCC. Also, ALPA is trying to arrange a block sale so we get a higher value and no stock in the account.
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