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 ?
Under the terms of the awards, the restricted stock units will vest as to one-fourth of the grant amount on 20 June 2011 and in equal one-twelfth amounts each calendar quarter thereafter over the following three years, provided that the employee continues his or her employment with Ciena.
Robotic surgery company Intuitive Surgical Inc (NasdaqGS:ISRG) said on Wednesday that the board of directors' compensation committee has awarded Restricted Stock Units and stock options to 55 new employees for December 2016 pursuant to NASDAQ Marketplace Rule 5635(c)(4).
TELECOMWORLDWIRE-15 February 2010-Convergys reports stock options, salary stock units and restricted stock units granted to new president and CEO(C)1994-2010 M2 COMMUNICATIONS http://www.
M2 EQUITYBITES-November 21, 2016-Exact Sciences Corp reports grant of restricted stock units to 40 new non-executive employees under the NASDAQ Marketplace Rule 5635(c)(4)
Semiconductor solutions provider Conexant Systems Inc (Nasdaq:CNXT) has announced that on 15 January 2010 it granted restricted stock units to Phillip E.
M2 EQUITYBITES-September 19, 2016-Exact Sciences reports grant of inducement restricted stock units to 18 new appointments

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