Delivery of Shares – Restricted Stock Units. Once the Stock Units are vested (see vesting schedule on page 1), the Shares (or if the Committee so elects, in lieu thereof, the fair market value of the Shares in cash ) will be distributed in accordance with your instructions.
Appears in 4 contracts
Samples: Restricted Stock/Restricted Stock Unit Award Agreement (Coastal Financial Corp), Restricted Stock/Restricted Stock Unit Award Agreement (Beneficial Bancorp Inc.), Restricted Stock/Restricted Stock Unit Award Agreement (Sandy Spring Bancorp Inc)
