November 23, 2022
Dear Brothers and Sisters,
All UAW Local 1069 employees recently received twenty-five (25) shares of Restricted Stock Units (RSU’s) by The Boeing Company. All grants need to be accepted online at Fidelity NetBenefits to realize your potential proceeds. These company issued grants eventually become owned by the participant and are distributed into their personal brokerage accounts. The Boeing Company cannot accept these awards on behalf of an employee. Employees are required to accept the awards and set up their Fidelity accounts to receive the awards provided to them upon vesting of those awards. Fidelity will provide reminders to accept awards on regular intervals a few times after the grant date and then every 90-180 days or so, and more regularly as the award approaches vesting.
Please note that you may forfeit your grant(s) if you do not accept each one, depending on the terms of your plan. Please refer to your plan documents for the specific details.
For all your stock plan information, got to NetBenefits or call a Fidelity Stock Plan Services Representative at 866-422-3539.
Also, The Boeing Company declared a surplus on November 9, 2022, that affected many classifications which could have impacted up to 79 Brothers and Sisters. Your UAW Local 1069 Leadership Team worked with Company Representatives by applying new Collective Bargaining Agreement (CBA) language to successfully mitigate the need for involuntary layoffs. We thank our members who applied for the new voluntary layoff (VLO) program which in turn saved jobs for many less senior employees who would have potentially been affected. All employees that applied for the VLO should have or will receive an email from The Company to learn the status of his or her request. Congratulations and best of luck to all who will be leaving us on December 22, 2022.
Lastly, some reminders:
Our Women’s Committee, along with our Communications Committee will be hosting our annual “Lunch with Santa” on Saturday, December 3, 2022, between the hours of 10:00 AM – 2:00 PM. Please plan to attend and please bring an unwrapped toy. If you are unable to attend but would still like to donate toys, you can give them to a union representative or a member of either the Women’s Committee or the Community Service Committee.
Our last membership meeting for the year will be held on Sunday, December 4, 2022, at 10:00 AM. Please plan to attend. We will be discussing and voting on potential by-law changes in addition to the many questions and concerns that you have.

In Solidarity,

Michael Tolassi
President
UAW Local 1069