Vesting; Settlement. The RSUs shall become vested in accordance with the schedule set forth on the Award Notice. The Company shall deliver to the Participant one share of Common Stock for each RSU (as adjusted under the Plan) which becomes vested in a given calendar year, pursuant to Section 12, below, and such vested RSU shall be cancelled upon such delivery, provided, that any RSUs which become vested on or during the six-month period following the IPO shall be settled as soon as practicable (but within 30 days) after the date that is six months and one day following the IPO.
Appears in 7 contracts
Samples: Restricted Stock Unit Agreement, Restricted Stock Unit Agreement (Invitation Homes Inc.), Restricted Stock Unit Agreement (Invitation Homes Inc.)
