Restricted Stock Award

(redirected from Restricted Stock Awards)

Restricted Stock Award

Grants of shares of stock subject to restrictions on sale and risk of forfeiture until vested by continued employment. Restricted stock typically vests in increments over a period of several years. Dividends or dividend equivalent rights may be paid, and award holders may have voting rights, during the restricted period.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Restricted Stock Award

An award of stock through some means other than the open market. One may receive a restricted stock through a merger or acquisition, private placement prior to an IPO, or sometimes through a stock option. A restricted stock is not registered with the SEC and thus may not be sold publicly until registration has been made.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
The 81.9 million shares include approximately 6 million shares that were issued as a part of the conversion of unvested restricted stock awards that were held by OppenheimerFunds employee shareholders into Invesco restricted stock awards.
The 81.9m shares include approximately 6.6m shares to be issued as a part of the post-closing conversion of unvested restricted stock awards, currently held by OppenheimerFunds employee shareholders, into Invesco restricted stock awards.
Under the merger agreement, at the effective time of the Merger, MSA Safety will assume vested or unvested and outstanding SMC stock options and restricted stock awards granted to SMC employees.
The Firm's earnings in the first nine months of 2018 were negatively impacted, pursuant to accounting rules effective January 1, 2017, by a tax charge of $4.3 million for the tax effect of the difference between the grant date value and the market value of restricted stock awards at the time of the vesting.
He received $4.67 million in restricted stock awards, down nearly $44,000 from 2016.<br />Christopher Bakken III, the company's executive vice president of nuclear operations, made his debut on the list last year at No.
The quarter ended July 29, 2017 included a discrete income tax benefit of USD 1.0 million for excess tax benefits arising from vesting of restricted stock awards and stock option exercises.
A total of 7,424,366 shares of Class A common stock of NCI (excluding 222,752 shares tendered by guaranteed delivery) and 4,500,000 shares of Class B common stock, collectively representing approximately 82.0% of the voting power of the shares of Class A and Class B common stock outstanding on a fully diluted basis (assuming that the shares of Class B common stock will convert to Class A common stock upon consummation of the tender offer, the exercise of all options and the vesting of all restricted stock awards), were tendered into and not withdrawn from the tender offer.
Restricted stock awards. This type of award also includes shares of company stock, but, unlike stock options, restricted stock awards are granted at zero dollars.
Starting with the current quarter, which began July 1, BOZ executives will have more of their compensation, both cash incentives and restricted stock awards, tied to the achievement of specific performance goals.
Traditional methods of giving key employees an ownership interest in a corporation (e.g., stock options, restricted stock awards, etc.) often come with a hefty tax bill or require that an employee make a substantial investment into the company.
The use of restricted stock awards to compensate employees is growing in popularity in place of the much-maligned stock option.

Full browser ?