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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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How to fill out each restricted stock unit

01
Review the terms and conditions of the restricted stock unit agreement given by your employer.
02
Understand the vesting schedule which specifies when you will gain ownership of the stock units.
03
Fill out any required forms or documentation provided by your employer accurately.
04
Provide any necessary information, such as personal details and stock unit allocation, as requested.
05
Submit the completed paperwork to the appropriate department for processing.

Who needs each restricted stock unit?

01
Employees who are offered stock-based compensation as part of their overall compensation package.
02
Employers who want to incentivize employees to stay with the company and contribute to its success by offering ownership in the form of restricted stock units.

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A restricted stock unit (RSU) is a form of compensation offered by an employer to an employee in the form of company stock. RSUs are typically subject to a vesting period, meaning the employee must meet certain conditions to earn the shares.
Employers and employees are required to report restricted stock units. Employers must report RSUs granted to employees, while employees must report income from vested RSUs on their tax returns.
Filing for restricted stock units typically involves reporting the grants on Form W-2 for employees or Form 1040 when reporting income from vested units. Specific guidance may vary; consulting a tax professional is advised.
The purpose of restricted stock units is to align the interests of employees with those of shareholders, incentivize employee retention, and provide a form of compensation that may have tax benefits.
Information that must be reported includes the number of units granted, the vesting schedule, the fair market value of the shares at vesting, and any income recognized from the units.
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