My employer awarded me a few discretionary shares last November (to be provided in November this year), but the company has since restructured and my position was made redundant earlier this year. At the leaver's HR meeting, I was informed that as a 'good leaver' I was still eligible for the shares.
I have recently received a letter from the trustees company that looks after the share schemes for my previous employer, and the letter states that the award of the shares is now subject to 'accelerated vesting' and 'tax withholding'. Could someone please explain what this is and if I should be subject to it?
Thanks