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Get the free Award of Restricted Stock Units under the 2004 Incentive 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).OMB
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How to fill out award of restricted stock

01
Obtain the award agreement from the company providing the restricted stock.
02
Read the terms and conditions of the award agreement carefully to understand the restrictions and any vesting schedule.
03
Fill out your personal information, such as your name, address, and employee identification number, in the designated fields of the award agreement.
04
Determine the number of restricted stock units you have been granted and enter this information in the appropriate section.
05
Provide any required tax withholding information if requested.
06
Sign and date the award agreement to acknowledge your acceptance of the terms and conditions.
07
Submit the completed award agreement to the relevant department or individual as instructed by your company.

Who needs award of restricted stock?

01
Award of restricted stock is typically needed by company employees who have been granted this form of compensation.
02
It is commonly offered to high-performing employees, executives, or those in key positions within the organization.
03
Restricted stock is a way to incentivize and retain talented individuals who contribute significantly to the company's success.
04
It allows employees to share in the company's growth and success through the ownership of company shares, subject to certain restrictions and conditions.
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Award of restricted stock is a type of compensation given to employees or executives in the form of company stock. The stock is subject to certain restrictions such as a vesting period before it can be fully owned by the recipient.
Employees or executives who receive award of restricted stock are required to file this information with the appropriate regulatory bodies, such as the Securities and Exchange Commission (SEC).
To fill out award of restricted stock, individuals must provide details of the grant, including the number of shares, the vesting schedule, the fair market value of the stock, and any restrictions that apply.
The purpose of award of restricted stock is to incentivize employees and executives to work towards the long-term success of the company, as they will benefit from the stock's value increasing over time.
The information that must be reported on award of restricted stock includes the grant date, the number of shares granted, the vesting schedule, the fair market value of the stock at the time of grant, and any restrictions or conditions that apply.
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