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. |
|
|
