Currently I hold vested restricted stock units in eBay. According to the media, after the spin-off, eBay shareholders will receive a PayPal stock for each eBay stock they own.

Does this applies to vested RSUs as well?

  • 1
    Correct me if I'm wrong, but I believe that if your RSUs are vested, they aren't really RSUs anymore: they are simply shares. Jul 18 '15 at 1:16
  • @BenMiller AFAIK I think you are correct, but I'm not 100% sure. they are Vested & sellable for couple years now.
    – snoofkin
    Jul 18 '15 at 1:18
  • have you received your PayPal shares after eBay & PayPal spin-off? I hold eBay vested RSU as well and now my eTrade account only has eBay shares and no PayPal shares. Not sure what happened.
    – user30492
    Jul 20 '15 at 14:26
  • Same here, only ebay shares (worth half as much) showing in my acct now. Assume pypl will show up sometime soon.
    – chacmool
    Jul 20 '15 at 15:41
  • I see PYPL stocks on etrade , but no amount (shows zero)
    – snoofkin
    Jul 20 '15 at 16:15

Yes, it applies to vested RSU. You will receive them in your account but it usually takes a while (could be weeks).

  • I already see them (PYPL) but with a 0 amount & eBay stocks have been cut in their price... weeks of stress 😰
    – snoofkin
    Jul 20 '15 at 21:09

All sorted out now. hopefully for all of us.

I see the same amount of stocks for both ppl & eBay.

now, wondering what to do with the eBay stocks... probably sell in favor of dividend stocks of some sort

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