F-1 to H-1B transfer after expiration of grace period

[gds81]

I graduated from the masters program on May 26, so my 60 day F-1 grace period expires on July 26 and my H-1B starts on Aug 5, which is exactly 10 days after July 26. Does that mean, I can stay in U.S. and my H-1 will automatically activate on Aug 5 obviating the need to travel outside States (at this time) to get the H-1 stamped?

 

What would be my status for those 10 days if I choose not to travel outside US? I do not have OPT but my F-1 Visa stamp in passport does not expire till 2017.

 

I do not come under this years quota as I was already working on H1B before joining masters program so it is a simple case of F-1 to H1 transfer but the gap between my start date of H1 and expiration of grace period is driving me nuts. I do not want to travel outside US at this time to just get my H1 stamped. Please advise.

[pontevecchio]

If your approval included an I94 you are fine specially since one is allowed to come in up to 10 days before the start date.