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 ?
Many companies using the modified prospective application method will have NQSOs that were granted and at least partially vested prior to adopting Statement no.
Each ISO granted under a plan must be issued within 10 years of the adoption of the plan, and an ISO must not be exercisable after the 10th anniversary of the date of grant.
Our 1993 study [ILLUSTRATION FOR CHART OMITTED], which was based on methodology similar to that in Statement 123, found that for companies that issue options annually and have vesting periods of more than one year, expense will increase each year as new options are granted and will stabilize after the first vesting cycle.
Analog Devices has determined that no restatement of its historical financial results would be necessary due to the proposed settlement, because the effects of using revised measurement dates for options granted in 1998, 1999 and 2001 are not material to any of the fiscal years 1998 through 2005, based on the materiality guidelines contained in SAB 99.
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.
The options granted to the 61 former CATC employees, who became non-officer employees of LeCroy, have the following terms: each option has been classified as a non-qualified stock option; has an exercise price equal to the fair market value on the grant date of $16.
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.