restricted stock grant

restricted stock grant definition - business

restricted stock grant

An offer, sometimes extended to corporate managers, that allows the purchase of stock, generally at a bargain price if specified conditions are met. Restrictions may include a minimum length of employment or a specified rate of earnings growth. Voting rights and dividends revert to the recipient at the time of the grant.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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