Grant Date

Grant Date

The date on which an option or other award is granted.

Grant Date

The date on which an employee is given a stock option. The grant date is usually later than the date on which it is announced that stock options will be distributed.
References in periodicals archive ?
The options are scheduled to vest one third on the first anniversary of the grant date, the second one third on the second anniversary of the grant date, and the final one third on the third anniversary of the grant date, subject to continued employment through each vesting date.
Elkhoury terminates his employment with TETRA or is terminated by TETRA for cause, 35,111 shares of the restricted stock will vest on the date that is six months following the grant date of the award, 79,381 shares of the restricted stock will vest on the one-year anniversary of the grant date of the award, 44,602 shares of the restricted stock will vest on the second anniversary of the grant date of the award, an additional 55,685 shares of the restricted stock will vest on the third anniversary of the grant date, and the remaining 17,523 shares will vest on the fourth anniversary of the grant date of the award.
LONGREACH OIL AND GAS LIMITED (TSXV: LOI) (the ''Company'' or ''Longreach'') announces today (the " Grant Date ") that the Board of Directors has issued an aggregate of 4,130,000 stock options to members of management, directors and consultants of the Company at an exercise price of C$0.
92 per share and are exercisable two years after the grant date of 31 August 2012.
2,000,000 options to vest on grant date and exercisable at $0.
83, such shares will not be subject to Section 16(b) liability unless they are acquired during the six-month period beginning with the grant date.
An audit report that informs the board of directors and independent public accountants in the event that stock option grant dates are changed after the grant date, differ from the approved grant date or when grants are issued to Section 16 insiders;
The measurement date is the day the stock price on the option is determined, while the grant date marks the day when the employee receives the option.
The value of that compensation is determined on the option grant date.
The optimal strategy, therefore, may be to combine less risky restricted stock with riskier "leveraged stock options," or LSOs as I call them--options for which the exercise price is posted 30 to 50 percent over the grant date share price in order to set aside a required shareholder return before management participates.
The shares granted to McKeever and Neely vest as follows: 50 percent on the third anniversary of the grant date and the remaining 50 percent on the fourth anniversary of the grant date.