Restricted Stock Unit


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Restricted Stock Unit

A restricted stock, usually acquired through the exercise of a stock option, that does not vest until some date in the future. Restricted stock units do not pay dividends until they vest. Likewise, one is not responsible for taxes on these units until they vest, unless one chooses a section 83(b) election.
References in periodicals archive ?
The restricted stock units contain the same terms and conditions as the standard form of restricted stock unit award agreement previously approved by the Board of Directors of JDSU.
The inducement awards consist of an aggregate of 16,000 options to purchase shares of Millennial Media common stock granted to five new hires, 50,000 restricted stock units of Millennial Media common stock specifically negotiated in connection with the hire of another individual, and 350,000 restricted stock units of company stock specifically negotiated in connection with the hire of another individual.
financial instruments relating to (treasury shares of that class shares acquired should not be taken into account when calculating percentage) 29,355 shares, 179,799 2013 -0- Restricted Stock Units and 179,799 Performance Stock Units.
consist of restricted stock unit awards representing the right to receive up to 145,720 shares of Shutterfly's common stock, which award will vest over three years, with 33% of the underlying shares vesting on each of the first, second, and third anniversaries of the acquisition date.
These restricted stock unit awards were approved by the JDS Uniphase board of directors on January 13, 2014, with a grant date of January 15, 2014.
The restricted stock units were granted as inducements material to the new employees entering into employment with Optimer in accordance with NASDAQ Listing Rule 5635(c)(4).
NYSE: SLH), the leading global provider of software and services to the automobile insurance claims processing industry, today announced that its Board of Directors has approved an increase in its quarterly dividend of 33% per share of outstanding common stock and per outstanding restricted stock unit.
The 66 employees were granted restricted stock units representing a total of 162,840 shares of common stock.
The five employees were granted restricted stock units representing a total of 6,920 shares of common stock.
59 billion in cash and 178 million shares of its stock for WhatsApp, as well 46 million of grants in restricted stock units for WhatsApp employees that will vest over a four year period.
Additionally, Glu has issued restricted stock units covering an aggregate of 244,800 share to 49 newly acquired employees being part of the Cie Games acquisition.
The deal would include Facebook paying out up to $4 billion in cash, $12 billion in Facebook shares and a further $3 billion in restricted stock units to be granted to WhatsApp's founders and employees.

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