Restricted Stock definition

Restricted Stock means shares of Common Stock acquired pursuant to a grant of a Stock Purchase Right under Section 11 below.
Restricted Stock means any Share granted under Section 6(c) of the Plan.

Examples of Restricted Stock in a sentence

  • For Performance-Vesting Awards, dividends or distributions declared and paid with respect to unvested Shares of Restricted Stock subject to the Award shall not be paid to the Participant; however, cash dividends shall accrue and shall be paid to the Participant on Shares issued to the Participant for Performance-Vesting Awards if and when they vest.

  • Upon the death of the Executive, a Restricted Stock Award shall be transferred to the Beneficiary.


More Definitions of Restricted Stock

Restricted Stock means any Share issued with the restriction that the holder may not sell, transfer, pledge or assign such Share and with such risks of forfeiture and other restrictions as the Committee, in its sole discretion, may impose (including any restriction on the right to vote such Share and the right to receive any dividends), which restrictions may lapse separately or in combination at such time or times, in installments or otherwise, as the Committee may deem appropriate.
Restricted Stock means an Award granted to a Participant pursuant to Article 8.
Restricted Stock means shares of Common Stock acquired pursuant to a grant of Stock Purchase Rights under Section 11 of the Plan.
Restricted Stock means Stock granted to a Participant under Section 6(d) hereof, that is subject to certain restrictions and to a risk of forfeiture.
Restricted Stock means Common Stock awarded under Article 8 that is subject to certain restrictions and may be subject to risk of forfeiture or repurchase.