18-200A 18-200A . . . Restricted Stock Plan under which (a) Compensation Committee determines those employees of corporation and subsidiaries who are eligible to receive awards of Restricted Shares, (b) Restricted Shares are forfeitable and nontransferable for specified period of time, (c) transfer restrictions remain in place until earliest of (i) later of either employee's termination of employment or lapse of forfeiture restrictions, (ii) change in control with respect to corporation, or (iii) termination of Plan. Restricted Shares are subject to compete forfeiture until earliest to occur of (i) later of either employee's attainment of age 55 or fifth anniversary of May 31st immediately preceding date on which Restricted Shares were awarded, (ii) retirement of employee on or after attainment of age 65, or (iii) change in control with respect to corporation
Missouri Restricted Stock Plan of RPM, Inc.
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The company offers restricted shares to the company executives, whereas common stock to the general public. It is easier to transfer and sell common stocks than restricted stocks. Can I sell my restricted stock? You can sell your restricted stock after the vesting period is over.
Restricted stock unit - company stock that is granted to certain employees as a form of compensation. The grants will have specific vesting schedules to determine when you can sell the stock. 2 Downvote Reply Share. More from r/boeing.
Restricted stock refers to unregistered shares of ownership in a corporation that are issued to corporate affiliates, such as executives and directors. Restricted stock is non-transferable and must be traded in compliance with special Securities and Exchange Commission (SEC) regulations.
Restricted Stock. transfers share of stock to employees, subject to an agreement that the shares cannot be sold, transferred, or pledged until vesting occurs.
Restricted stock refers to an award of stock to a person that is subject to conditions that must be met before the stockholder can exercise the right to transfer or sell the stock. It is commonly issued to corporate officers such as directors and senior executives.