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Inter Acct III Midterm
Midterm!!
4
Accounting
Undergraduate 2
03/27/2009

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Cards

Term
What kind of restrictions are attached to restricted stock?
Definition
example would be staying employed with a company for a certain period of time.
Term
Why are restricted stock given to employees?
Definition
incentive or a non-cash compensation
Term
What are the effects if a restriction on restricted stock is violated?
Definition
the stock would be forfeited back to the employer
Term
What restrictions are placed on the stock from the employees point of view?
Definition
The employer can not sell the stock while the restricted stock is issued.
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