
Get the free Award of stock units pursuant to Outside Directors' Deferred Compensation Plan
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SEC Form 4UNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 4Washington, D.C. 20549Check this box if no longer subject
to Section 16. Form 4 or Form 5
obligations may continue. See
Instruction 1(b).STATEMENT
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What is award of stock units?
Award of stock units is a form of compensation granted to employees or company executives in the form of shares of company stock.
Who is required to file award of stock units?
Employees or company executives who receive award of stock units are required to file the necessary paperwork with the appropriate regulatory bodies.
How to fill out award of stock units?
Award of stock units can typically be filled out electronically through an online platform provided by the company or manually by submitting paperwork to the HR department.
What is the purpose of award of stock units?
The purpose of award of stock units is to incentivize employees to work towards the success of the company and reward them for their contributions.
What information must be reported on award of stock units?
Information such as the number of units granted, the vesting schedule, and the fair market value of the stock at the time of grant must be reported on award of stock units.
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