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Get the free Restricted Stock Units granted pursuant to the Plan on August 8, 2011 with vesting t...

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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).OMB
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How to fill out restricted stock units granted

01
To fill out restricted stock units granted, follow these steps:
02
Understand the terms: Familiarize yourself with the terms and conditions of the restricted stock units (RSUs) that have been granted to you. This includes the vesting schedule, any performance criteria, and any other restrictions or limitations.
03
Notify your employer: Inform your employer about your intention to accept the granted RSUs and seek any necessary guidance or clarification.
04
Review and sign agreements: Carefully review the RSU agreement provided by your employer. Ensure that you understand the terms and conditions outlined in the agreement. If you have any concerns or questions, consult with your employer or legal advisor.
05
Complete necessary forms: Fill out any required forms or documents, such as an election form or electronic acceptance form, provided by your employer. Provide accurate and up-to-date information as requested.
06
Submit the forms: Once you have completed the necessary forms, submit them to your employer within the specified deadline. Make sure to keep a copy of the submitted forms for your records.
07
Keep track of vesting: Monitor the vesting schedule of your RSUs to keep track of when they will become available for you to exercise or sell.
08
Seek financial advice: Consider consulting with a financial advisor or tax professional to better understand the implications of having RSUs granted to you, including any tax obligations or strategies.
09
Stay updated: Stay informed about any changes or updates to the RSU plan as communicated by your employer. This includes any modifications to the terms, agreement, or reporting requirements.
10
Exercise or sell RSUs: Once your RSUs have vested, you may choose to either exercise them (convert them into actual company shares) or sell them on the market. This decision depends on your personal financial goals, market conditions, and any applicable rules or restrictions.
11
Track and report: Keep track of any exercised or sold RSUs and report them as required for tax purposes.
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It is important to note that the above steps are general guidelines and may vary depending on your specific situation and employer's policies. It is always advisable to seek professional advice and thoroughly review all relevant documents before proceeding.

Who needs restricted stock units granted?

01
Restricted stock units (RSUs) are typically granted to:
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- Employees of a company as part of their compensation package to incentivize performance and align interests with shareholders.
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- Executives or key employees who are vital to the company's success.
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- Individuals who provide services to a company, such as consultants or contractors, as a form of payment or reward.
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- Individuals who are part of an employee stock purchase plan (ESPP) or employee retirement plan where RSUs are included as a benefit.
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In general, RSUs may be offered to individuals who contribute to the success of a company or have a vested interest in its long-term growth. The specific criteria for receiving RSUs may vary depending on the company's policies and practices.
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