The H-1B denial itself does not, by operation of law, terminate the petitioner's lawful status; the effect on status depends on what was denied and what status the petitioner held before. A denied H-1B transfer leaves the petitioner in the prior H-1B status with the prior employer, if that employment is still in place. A denied initial cap-subject petition with a change-of-status request means no H-1B status was ever granted. A denied extension can leave the petitioner without underlying status as of the date of the prior I-94 expiration.
The 60-day grace period at 8 C.F.R. § 214.1(l)(2) applies in narrow circumstances — principally where an H-1B worker's employment is terminated before the end of the authorized period of stay. It is not a general post-denial grace period. Where it applies, the worker has up to 60 consecutive days, or the remaining period of authorized stay (whichever is shorter), to find new employment, change status, or depart.
Once status lapses, the petitioner accrues unlawful presence for purposes of the three- and ten-year inadmissibility bars under INA § 212(a)(9)(B). The accrual rules differ for petitioners under 18, for those who hold pending applications in certain postures, and for those who depart and re-enter.
The EB-1A self-petition under 8 C.F.R. § 204.5(h) does not confer status. Filing an I-140 does not create a period of authorized stay, and an approved I-140 alone does not create a non-immigrant status. A concurrent or downstream I-485 adjustment of status application requires the petitioner to be in a qualifying status at the time of filing in most cases, though INA § 245(k) provides a narrow exception for employment-based applicants.
Premium processing on the EB-1A is available under 8 C.F.R. § 103.7(e) and has a 15-business-day service commitment.