Restricted Stock Unit


Also found in: Acronyms.

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 ?
Bavarian Nordic A/S (CPH: BAVA)(OTC: BVNRY), a fully integrated biotechnology company, announced on Monday the award of restricted stock units to members of the executive management.
In addition, the restricted stock units are subject to vesting conditions set out in the restricted stock unit programme adopted by the board of directors in accordance with the general guidelines for incentive-based remuneration adopted by the shareholders at the annual general meeting.
consist of restricted stock unit awards representing the right to receive up to 145,720 shares of Shutterfly's common stock, which award will vest over three years, with 33% of the underlying shares vesting on each of the first, second, and third anniversaries of the acquisition date.
Genmab A/S (CPH:GEN) announced on Thursday that at a board meeting, its board of directors decided to grant 1,697 restricted stock units and 5,224 warrants to employees of the company and two of the company's subsidiaries.
The inducement awards consist of an aggregate of 16,000 options to purchase shares of Millennial Media common stock granted to five new hires, 50,000 restricted stock units of Millennial Media common stock specifically negotiated in connection with the hire of another individual, and 350,000 restricted stock units of company stock specifically negotiated in connection with the hire of another individual.
The restricted stock units were granted as inducements material to the new employees entering into employment with Horizon Pharma in accordance with NASDAQ Listing Rule 5635(c)(4).
Molecular diagnostics company Exact Sciences Corp (Nasdaq:EXAS) on Friday announced restricted stock units covering a total of 86,098 shares of its common stock under its inducement grant programme.
The restricted stock unit awards to be granted to those employees by JDSU are generally comparable to equity awards that JDSU grants to its similarly situated new employees.
68 cents per share of outstanding common stock and per outstanding restricted stock unit, up from Solera's fiscal 2013 annual rate of USD0.
The company said the restricted stock unit awards vest in four equal annual installments beginning on the first anniversary of the grant date.
JDSU today announced that, in connection with the acquisition of Time-Bandwidth Products, a provider of high-powered and ultrafast lasers for the industrial and scientific markets, which was completed on January 26, 2014, it has issued grants of compensatory restricted stock unit awards to Time-Bandwidth employees joining JDSU in connection with the acquisition.
Riverbed Technology (NASDAQ: RVBD) said it has granted inducement stock options covering an aggregate of 425,700 shares of common stock and inducement restricted stock unit awards covering an aggregate of 12,200 shares of common stock to 99 non-officer employees.

Full browser ?