Restricted Stock Award

(redirected from Restricted Stock Awards)

Restricted Stock Award

Grants of shares of stock subject to restrictions on sale and risk of forfeiture until vested by continued employment. Restricted stock typically vests in increments over a period of several years. Dividends or dividend equivalent rights may be paid, and award holders may have voting rights, during the restricted period.

Restricted Stock Award

An award of stock through some means other than the open market. One may receive a restricted stock through a merger or acquisition, private placement prior to an IPO, or sometimes through a stock option. A restricted stock is not registered with the SEC and thus may not be sold publicly until registration has been made.
References in periodicals archive ?
In addition, because of the varying available valuation methodologies, subjective assumptions such as volatility, which are outside of Commvault's control and the variety of awards that companies can issue, Commvault believes that providing non-GAAP financial measures that exclude noncash stock-based compensation expense and the additional FICA and related payroll tax expenses incurred on stock option exercises and vesting of restricted stock awards allow investors to make meaningful comparisons between Commvault's operating results and those of other companies.
conditions as apply to restricted stock awards and stock options granted
This award will be granted outside of the Company's 2010 Stock Incentive Plan, but will generally be subject to the same terms and conditions as apply to restricted stock awards and stock options granted under that plan.
The use of restricted stock awards to compensate employees is growing in popularity in place of the much-maligned stock option.
05 million for earned but unvested restricted stock awards from prior years of service; an estimated $1.
In January KRI was put in the hot seat because the company said it was doling out $10 million in restricted stock awards (that number went down last week).
Investor unrest reached a peak in 1999 when restricted stock awards to the three top officers were valued at an eye-popping $1 billion.
6 million he earned in 1997, when he earned $2 million in restricted stock awards.
Dividends paid on restricted stock awards that are not expected to, and do not, vest would be recognized as additional compensation cost during the vesting period.
Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on December 5, 2012, the Board of Directors recommends that Hometrust's shareholders vote to approve the Company's 2013 Omnibus Incentive Plan to authorize up to 2,962,400 shares of common stock to be utilized for awards of stock options, stock appreciation rights and restricted stock awards.
A review of ISS research indicates that FedEx's practice of paying executives' taxes on restricted stock awards is not a common practice among U.
7 million, but the stock options and restricted stock awards will not vest for several years and are based on the company's performance.

Full browser ?