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unregistered stock, as that issued privately as compensation to corporate executives subject to special conditions.
Based on the Random House Dictionary, © Random House, Inc. 2015.
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that cannot be sold for, say, three years.
The first is the sum of salary, bonus,
and the expected value of stock options.
Pay consultants say companies have returned to the old days of granting options, or
, only to big shots and stars.
Similar treatment applies to
, which is stock that is not fully vested.
Rather, it is a failure to understand the substantial risk of forfeiture set forth in the
As with the
program, when an option is exercised, income and payroll taxes are withheld.
is restricted from resale or transfer pursuant to the federal securities laws.
award plans from the requirement that a bank's capital stock be paid in money.
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