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SEC Form 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 4Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPCheck this box if no longer subject to Section 16. Form 4 or Form 5 obligations
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Form performance-vesting restrictions is typically associated with restricted stock units (RSUs) and is used to restrict the vesting of shares based on certain performance criteria being met.
Employers or companies offering RSUs with performance-vesting restrictions are typically responsible for filing the necessary forms with the appropriate regulatory authorities.
Form performance-vesting restrictions should be filled out accurately and completely, providing all required information about the RSUs and the performance criteria that must be met for the shares to vest.
The purpose of form performance-vesting restrictions is to ensure that the vesting of RSUs is tied to the achievement of specific performance goals or targets, incentivizing employees to work towards those goals.
Form performance-vesting restrictions typically requires reporting details about the RSUs, the performance criteria, the vesting schedule, and any other relevant information related to the restricted stock units.
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