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FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT
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To fill out the conversion of restricted stock, follow these steps:
02
Gather all relevant information: This includes the details of the restricted stock you own, such as the number of shares, the grant date, the vesting schedule, and any other pertinent information.
03
Review the conversion terms: Understand the specific requirements and conditions for converting the restricted stock. This may include waiting for a certain period of time or meeting certain performance milestones.
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Who needs conversion of restricted stock?

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The conversion of restricted stock is typically needed by individuals or employees who have been granted restricted stock as part of their compensation packages. Restricted stock is often awarded by companies to incentivize and reward employees, but it comes with certain restrictions and conditions. Therefore, individuals who hold restricted stock may need to go through the process of converting it, once they meet the necessary requirements, in order to gain full ownership and control over the stock. Additionally, investors or shareholders who wish to convert their restricted stock into unrestricted stock may also need to follow the conversion process.

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Conversion of restricted stock refers to the process by which shares of restricted stock, which are not publicly tradable due to certain limitations, are converted into shares that can be freely traded or sold, typically upon the fulfillment of specific conditions such as vesting or expiration of a holding period.
Individuals or entities who hold restricted stock and wish to convert those shares into freely tradable shares are required to file the conversion of restricted stock.
To fill out a conversion of restricted stock, one must complete the relevant forms or applications provided by the issuing company or regulatory authority, providing necessary details such as personal information, stock details, and proof of eligibility for conversion.
The purpose of conversion of restricted stock is to allow holders to gain liquidity by converting their restricted shares into common stock, enabling them to sell or transfer their shares in the open market.
The information that must be reported on conversion of restricted stock typically includes the name of the holder, details of the restricted stock, date of conversion, and any relevant tax information.
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