The restricted stock is not tradeable for at least 180 days after it was issued.
I&#x27;ve talked to him again his stock were issues and purchased at around 90$ per share now they are worth under 50$.
He had about 400 stocks under RSU scheme some where issued as part of an employee compensation process some were purchased he definitely lost quite a bit of money.
The process at VMWare for him was that he was getting some of his compensation in RSU, he was also allowed to purchase some of the stock from the company with his per-tax income (this was capped) after the purchasing round ends the stocks are issued and then need to vest for 6 months, during those 6 months the stock lost about 50% of it&#x27;s value.