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-   United (https://www.airlinepilotforums.com/united/)
-   -   2014 Profit Sharing? (https://www.airlinepilotforums.com/united/85447-2014-profit-sharing.html)

Probe 02-06-2015 02:29 PM
Originally Posted by krudawg (Post 1820441)
History may be on your side, but some of us sold our claim in the sale and others(I did) had the foresight to divorce their wives, collect half of their esop shares to "pay their wives off" in the divorce settlement and then re-marry their wife.(I didn't)
Who did you sell your claim too?

pilot64golfer 02-06-2015 02:35 PM
Originally Posted by Probe (Post 1820756)
Who did you sell your claim too?
Someone bought the pilots claims in one purchase. We had the option to sell them but only 25% volunteered. Turned out to be better than keeping them. It had to go into the 401k, but then you got the rest as a distribution after taxes.

A320 02-06-2015 04:13 PM
Wasn't it Frank Russell

Probe 02-06-2015 04:32 PM
Originally Posted by A320 (Post 1820802)
Wasn't it Frank Russell
I don't believe the buyer was ever disclosed. We were given less than a week to sell something we didn't know we had, to an anonymous buyer, for an undisclosed sum. We would only discover the value if we said yes.

I have never had such an impressive offer before.

krudawg 02-06-2015 05:07 PM
I have no idea who bought it but the handful of guys that sold theirs were happy about the price


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