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.

grant

The act of conveying title to real estate via a voluntary transfer. In some states, use of the words “grant,bargain,and sell”in a deed automatically incorporates some or all of the typical deed warranties. (See warranty deed.) In order to avoid the consequences of such statutes, if a grantor wishes to convey title without any warranties,it should use a quitclaim deed or the words “bargain, sell,and quitclaim”rather than “grant,bargain,and sell.”

References in periodicals archive ?
Therefore, every effort should be made to include in the option plan as originally adopted any special features that may ultimately be desired with respect to the exercise of options granted under the plan.
Disclosures you need to make under the new standard are a description of the plan; the number and weighted average exercise prices of options outstanding and the number exercisable at the beginning and end of the year; the number of options granted, exercised, forfeited or expired during the year; and the weighted average fair values of options granted during the year.
The Audit Committee has determined that stock option grants that were intended to qualify as Incentive Stock Options ("ISO's") under the Internal Revenue Code ("IRC"), but were granted "in-the-money" as described above, would not quality as ISO's and therefore would not receive the favorable tax treatment afforded to ISO's.
In addition, fans in attendance will have the chance to visit the Lakers promotional booth and receive customized wristbands to show their support for those children still waiting for their wishes to be granted.
The second issue addressed by the tentative settlement concerns the grant dates for options granted to employees (including officers) in 1998 and 1999, and the grant date for options granted to employees (including officers) and directors in 2001.
In connection with the hiring of Juha Christensen as President, Mobile and Devices, an inducement stock option exercisable for 310,000 shares of Macromedia common stock was granted on January 5, 2004.
LeCroy Corporation (NASDAQ: LCRY), a leading supplier of oscilloscopes as well as serial data test solutions, announced that in connection with its acquisition of Computer Access Technology Corporation ("CATC"), 61 former CATC employees were granted inducement stock options covering an aggregate of 230,984 shares of LeCroy common stock, and two former CATC employees received employment inducement restricted stock grants covering an aggregate of 70,000 shares of LeCroy common stock.
Judge Legg also granted Carnegie's motion to stay the federal court lawsuit filed by certain shareholders against Grant Thornton.
Over the next three years, eligible full-time employees will be granted 500 options and part-time employees will be granted 250 options.
In addition to the United Way grants, the Foundation granted $51,750 to 30 health and human service organizations, $5,000 to five organizations dedicated to the arts and humanities, $6,000 to three education organizations, and $11,450 to eight other nonprofit organizations dedicated to improving the lives of people in our community.