restricted stock option
They fall into two categories: restricted stock and restricted stock units, or RSUs, which can be exchanged for ordinary shares as they vest, and equity options.
Wasserstein's estate received $188 million from restricted stock units that vested upon his death.
Financial reward: Upon his hiring in 1997, Armstrong received almost $15 million in restricted stock awards.
And negative correlation is found between liquidity restrain and the pricing of restricted stock.
At bank of America, restricted stock being distributed at the investment-banking unit can be sold as soon as August.
The simplest way of doing this is to issue bonuses in the form of restricted stock that can't be sold for a long period of time.
If the officers don't perform, we are not going to keep them and the restricted stock is not going to vest.
Moreover, executives will be allowed grants of restricted stock (which they cannot sell until the taxpayer is repaid), so they may yet end up making a fortune.
In connection with the deal, Google said it issued an aggregate of3.2 million shares, and restricted stock units, options and a warrant exercisable for or convertible into an aggregate of442,210 shares of its Class A common stock.
The firm’s board of directors recently granted restricted stock valued at $12.6 million to Mr. Blankfein and a number of other senior executives including Gary D. Cohn, the firm’s president.
Large amounts of restricted stock could still be issued, although this would only have value if executives could dig their bank out of a deep hole and pay back taxpayers.
The "restricted stock units" were handed out in January, with 50% of the award vesting at the end of the first year and the remainder released in chunks of 25% over the next two years.
Hurd agreed to modify the terms of his separation agreement, waiving his rights to roughly 345,000 restricted stock units, which were granted to him in January 2008 and December 2009.
