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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 OMB APPROVAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Check this box if no longer subject to Section

How to fill out grant of restricted stock

How to fill out grant of restricted stock:

1. Obtain the grant agreement: Start by obtaining the grant agreement from your employer or the company offering the restricted stock. This document outlines the terms and conditions of the grant, including the number of shares, vesting schedule, and any restrictions or conditions.
2. Understand the terms: Carefully read and understand all the terms mentioned in the grant agreement. Pay close attention to vesting periods, restrictions on selling or transferring the shares, and any performance-based or time-based conditions that need to be met.
3. Provide your personal details: Fill out the required personal information section, including your full name, address, social security number, email, and contact number. Ensure all the information is accurate and up to date.
4. Specify the grant details: Enter the details of the grant, such as the number of shares being granted, the grant type (restricted stock), and the grant date. Make sure to double-check these details for accuracy.
5. Review and sign the agreement: Thoroughly review the entire grant agreement, making sure you understand and agree to all the terms stated. If you have any concerns or questions, consult with your legal or financial advisor. Once you are satisfied, sign the agreement and date it as required.
6. Submit the completed grant agreement: After filling out and signing the grant agreement, submit it to the appropriate person or department, typically the human resources department or the designated contact mentioned in the agreement. Retain a copy of the signed agreement for your records.

Who needs a grant of restricted stock:

1. Employees: Grant of restricted stock is commonly offered to employees of a company as part of their compensation package, incentivizing them to stay with the company for a certain period and contribute towards its growth and success.
2. Executives and key personnel: High-level executives and key personnel often receive grants of restricted stock to align their interests with the company's long-term performance and to retain their talent within the organization.
3. Start-up founders: Founders of start-up companies may receive grants of restricted stock to motivate them to build and grow the company, as well as to align their interests with those of other shareholders.
4. Consultants and advisors: In some cases, companies may offer grants of restricted stock to consultants or advisors as a form of compensation for their services or expertise.
5. Directors and board members: Directors and board members of a company may receive grants of restricted stock as part of their compensation, encouraging their active involvement and commitment to the company's success.

Note: It is essential to consult with a legal or financial professional before filling out any grant of restricted stock, as laws and regulations may vary depending on your jurisdiction and specific circumstances.

For pdfFiller’s FAQs

What is grant of restricted stock?

The grant of restricted stock is a type of equity compensation where an employee is granted company stock subject to certain restrictions and conditions.

Who is required to file grant of restricted stock?

The company granting the restricted stock is required to file the grant of restricted stock with the appropriate regulatory authorities.

How to fill out grant of restricted stock?

To fill out a grant of restricted stock, the company must provide details of the grant such as the number of shares granted, the restrictions and conditions attached to the stock, and the vesting schedule.

What is the purpose of grant of restricted stock?

The purpose of a grant of restricted stock is to incentivize employees to stay with the company and work towards its success by tying their compensation to the performance of the company's stock.

What information must be reported on grant of restricted stock?

The information that must be reported on a grant of restricted stock includes the number of shares granted, the fair market value of the stock at the time of grant, and any restrictions or conditions attached to the stock.

Can I sign the grant of restricted stock electronically in Chrome?

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