The Firm's annual results were negatively impacted by non-recurring tax charges related to the revaluation of its deferred tax assets and deferred tax liabilities to account for the future impact of lower corporate tax rates on these deferred amounts, new accounting guidance for 2017 related to the tax effect, at the time of the vesting of restricted stock awards
, of the difference between the grant price value and the market price value of the awards, and certain other tax adjustments discussed below.
In connection with the closing of the acquisition, The Meet Group granted restricted stock awards
representing an aggregate of 534,500 shares of common stock to 97 Lovoo employees as an inducement material to their employment.
Under the terms of the merger agreement, each share of Gibraltar common stock, including restricted stock awards
(whether vested or not vested) will be exchanged for 1.
Since then, equity awards have become more nuanced, with restricted stock awards
and performance awards as part of the executive compensation mix.
The new restricted stock awards
will vest over a period of four years, subject to such grantees continued employment with EXL on the applicable vesting date.
The use of restricted stock awards
to compensate employees is growing in popularity in place of the much-maligned stock option.
Deferred compensation in the form of stock options or restricted stock awards
is similar to pensions in that it encourages loyalty to an employer.
05 million for earned but unvested restricted stock awards
from prior years of service; an estimated $1.
02 per share, and any additional FICA expense that will be incurred by CommVault when employees exercise in the money stock options or vest in restricted stock awards
The company said that the committee awarded Convedia employees 169,300 stock options, 5,800 restricted stock awards
and 132,905 restricted stock units in accordance with this plan.
Equity-based compensation plans should emphasize restricted stock awards
, which "more closely align the interests of executives with shareholders (as opposed to option grants).
Chad Dreier of The Ryland Group took the top spot, with $26 million, much of it in bonuses and restricted stock awards