Jetblue Pilot Contract
 

Hi All you happy pilots! I am looking to get a copy of the pilot contract from 2000. My deal is I was hired in 2000, completed training, got checked out, then resigned. I am trying to get my Stocks that were promiced to me. Thank you for the help.
Lancesdad

Good luck with that.

I resigned in October and my stock options expired three months after my resignation date. Hope this helps.

MF

You have got to be kidding. And you deserve them why?

JetBlue's stock is trading at a whopping $12.21 a share. And that is after 3 days of LARGE gains across the entire market.

the options part of the contract has changed since 2000. did you finished IOE? if not you might not have been considered as succesfully finished training, so you got no options. ubs should have send you an information package with you account, if not, you got no options. the price of the options is set by the board, if you quit before the board sets the price and # of options you might be out of luck too. also , options now are vested over a 5 year period, your 2000 contract was different, but even if it said "inmediatly vested", there is a definition of inmediatly that has a time frame and cetain conditions .

contact JB HR and ask for a copy of you contract then have a lawyer look at it.

remeber too that options might not only expired if you quit, but you have a statue of limitations to put a claim on the value of those options if the company dropped the ball and is liable, so time is of essence.

good luck, those year 2000 options are worth some good $$$.

well, the guys that got their 6,000 options in 2000 have now 22,500 shares, so at 12.21 that is over $274,000. not bad if he can get them back.

As mentioned above, options expire when an employee resigns.

Thank you for all the info. I did finish IOE and was on reserve at JFK before I left. I will try some of the steps that were advised by "greedyairlineexec". Thanks again.....