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Restricted Stock Grant

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Restricted Stock Grant
A stock option given to an employee, especially a senior manager, allowing that employee to buy the company's shares, which are not registered with the SEC. The stocks in a restricted stock grant must be registered before the employee may sell them.

restricted stock grant
An offer, sometimes extended to corporate managers, that allows the purchase of stock generally at a bargain price if specified conditions are met. Restrictions may include a minimum length of employment or a specified rate of earnings growth. Voting rights and dividends revert to the recipient at the time of the grant.


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Smith chose to receive an immediate vesting of 41,098 of the restricted shares, and the remaining 11,977 shares were canceled Under the new agreement, Smith received a restricted stock grant of 26,246.
Total pay is the sum of cash pay--salary plus bonuses--and stock-based compensation, which includes restricted stock grants, stock option grants, and money received from long-term incentive plans.
The more modest variability of gains on a restricted stock grant also is presented under FAS 123(R) as a fixed matter.
 
 
 
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