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Restricted Stock Units

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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.


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The compensation plan previously allowed for no more than 200,000 stock options and no more than 50,000 restricted stock units.
22m shares, plus restricted stock units, options and a warrant exercisable for or convertible into an aggregate of 442,210 shares of Google's Class A common stock.
In addition to these new corporate governance features, OptionTrax provides what it calls a "user-friendly Web-based equity plan administration package" that enables corporate finance or HR departments to manage options, warrants, restricted stock and restricted stock units.
 
 
 
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