What happens to a an employees non-vested stocks when the company is acquired and goes private?

Question

BCE may be purchased and privatized. (http://www.bce.ca/en/investors/shareholderinfo/privatization/index.php) I'm curious what will happen to non vested stocks held by employees. Thank you

Answer 1

Most countries (and/or stock exchanges) have laws about events like capital increases, capital decreases, abnormal high dividends, public offers, sharesplit ...) and how it would affect non vested options.

However most likely the actual bid will state what the employees have to agree to re their non-vested stocks.

Answer 2

You will have to look at the stock agreement. It is possible that this will be considered a qualifying event that will result in the shares becoming fully vested at the time the company is acquired.