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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
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Step 3: Review the terms and conditions related to the restricted share units, understanding the vesting period, restrictions, and any other relevant information.
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Step 4: Provide details about the number of restricted share units you hold or wish to acquire.
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Restricted share units are typically used as a form of compensation for employees in a company. Therefore, individuals who are employed or have an employment agreement with a company offering restricted share units may need to fill out this form. It is advisable to consult with HR or the relevant department in your company to determine if you are eligible and required to fill out the form.
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Form Restricted Share Units refers to documents used to report the granting of restricted share units (RSUs), which are a form of compensation given to employees in the form of company shares that are subject to certain restrictions.
Employers who grant restricted share units to their employees are required to file the form.
To fill out the form, one must provide information about the company, details of the RSUs granted, the recipient's information, and the applicable terms and conditions.
The purpose of this form is to provide transparency regarding RSU grants and to ensure compliance with tax and regulatory requirements.
The report should include the names of the recipients, number of RGUs granted, the grant date, vesting schedules, and any other relevant terms.
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