Restricted stock units

Restricted stock units

Similar to restricted stock. However, the unit represents a promise that employees will receive stock in the future. The units do not pay dividends until the stock is vested.

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 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.
Thamm continues to hold 38,466 restricted stock units.
Heins will get his current base salary of 3 million dollars for 24 months, plus benefits and the 5 million dollars are payable either as cash or as restricted stock units (RSUs), along with more stock options, the report added.
According to TIBCO, with respect to new employees, it granted a total of 69,944 shares of restricted stock to 61 employees under the plan and restricted stock units representing a total of 23,833 shares of common stock to 62 employees under the plan.
The employees were granted stock options to purchase an aggregate of 8,000 shares of XenoPort's common stock and restricted stock units representing an aggregate of 5,700 shares of XenoPort's common stock.
According to a filing with the Securities and Exchange Commission, Moynihan gets restricted stock units worth USD1.
GT Solar (SOLR), fresh from landing a $70 million contract and reporting net annual income of $87 million, disclosed that its chief executive, Tom Gutierrez, will get a $450,000 cash bonus, some 92,000 restricted stock units and 184,000 stock options for his performance.
Two-thirds of the 500,000 restricted stock units Mr Thain was given would become shares he could sell upon a change in control at Merrill, and would be worth about EUR9.

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