December 4, 2013 TO: TWU/AA Members RE: AA Equity Distribution Dear Brothers and Sisters: The closing of the merger between American Airlines and US Airways is now upon us, and as a result, the distribution to TWU-represented employees of equity in the new merged company is also imminent—the current plan is for it to take place on…
Tag: Equity- Stock Distribution
American Airlines, Jetnet Questions and Answers, Mailing, Equity Hub Info and letter to Unions
QUESTIONS & ANSWERS General Eligibility What you can do with your shares: Hold, sell, transfer Website access Proceeds from selling shares Payroll information Taxes See the Q&A HERE or Just Download the PDF HERE Equity Hub Letter from AA Covering: Before you act You received your shares. Now what? Explanation of Equity Distribution Process for American’s…
You Received your shares. (Heads Up Communication, No shares transferred as of posting date)
Now What? The great news about these shares is that they do not expire and are yours to do with as you wish. You have a number of options available to you, including holding, selling or transferring. When your shares are distributed, they will be available in your Computershare account. In order to access your…
November 29th Letter from AA on Merger and Equity Distribution..
Dear American Airlines Colleague, We will soon be entering a new chapter in the American Airlines story as we near the close of our pending merger with US Airways. And, while closing of the merger feels a lot like a finish line given the amount of hard work and dedication that has gone into the…
TWU Equity Distribution Committee – Status Report DATE: November 7, 2013
MEMORANDUM FROM: TWU Equity Distribution Appeals Panel: Gary Peterson, John Plowman, Sam Cirri and Jim Fudge RE: Status Report DATE: November 7, 2013 A Panel of four members of the TWU Equity Distribution Appeals Committee held the Committee’s second meeting on November 4, 5 and 6 at the offices of The Labor Bureau Inc., in…
757 Position Letter
We appreciate the opportunity for Local 514 to assist in this complex and arduous question. We will attempt to be succinct in what we believe to be the correct application of the award issued by arbitrator Fredric Horowitz on August 5, 2013. “The affected employees are those in Tulsa, AFW, and DWH working directly in…
Equity Distribution & Health Insurance Appeal Letter, 10-7-2013
Brothers and Sisters, It has come to my attention that many have not received letters concerning their place in the equity stake. I want to share with you the facts on these letters. There have been two letters sent out to date. One covering your the Health Insurance overpayment portion One for the Equity Distribution…
514 – What’s on the plate
TWU International Convention We have a New President: Harry Lombardo (See All Elected Here) TWU514 President, Dale Danker is appointed International VP (non staff, non paid – position) He will be on the International Executive Board. We will have more details as to Resolutions and Representatives Soon! Membership Meeting Monday 9-30-2013 Regular Order of Business.…
TWU Equity Appeals Process and Deadline
The 30 day appeals window opened on September 23, 2013 and will close on October 23, 2013. All appeals on both the Equity Distribution and Health Insurance will need to be postmarked by October 23, 2013 to be considered as a timely appeal. Anyone filing an appeal should send the appeal by certified mail with…
Letter to Equity Committee
September 13, 2013 Don Videtich Transport Workers Union of America 1791 Hurstview Dr. Hurst, TX 76054 RE: Equity Distribution Dear Don, TWU, Local 514 has worked very hard to collect the shops of people we believe should be included in the 757 Equity Distribution. We submitted everything our members brought forward on the work they…