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Grant |
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Grant The issuance of an award under a stock plan, such as a stock option or shares of restricted stock. Grant An amount of money given, usually by a government or nonprofit organization, to fund certain projects. One may receive a grant for academic or scientific research, or to further one's education, or to engage in charity work. The United States government makes many grants, often of an educational or scientific nature. Grants are also a key part of many philanthropic foundations' activities. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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In addition, stock options outstanding or grantable were reduced by 17% through a voluntary stock option exchange program completed in May 2004. All in all, there are now 338,946 or 17% fewer options outstanding or grantable today than there were before the Stock Option Exchange Program was implemented. |
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