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SEC Form 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONFORM 4OMB APPROVALWashington, D.C. 20549OMB Number:32350287Estimated average burdenSTATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPCheck this
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How to fill out acquired performance-based restricted stock

01
Review the terms and conditions of the performance-based restricted stock.
02
Understand the performance metrics that need to be met in order to receive the stock.
03
Keep track of your progress towards meeting the performance metrics.
04
Once the performance metrics have been met, submit any required documentation to claim your restricted stock.

Who needs acquired performance-based restricted stock?

01
Employees who want to be rewarded based on their performance.
02
Companies looking to incentivize their employees to achieve specific goals.
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Acquired performance-based restricted stock refers to shares of a company that are granted to employees based on the achievement of specific performance metrics, which must be met over a defined period. These shares are typically subject to restrictions on transfer and may vest upon meeting certain performance criteria.
Individuals who receive acquired performance-based restricted stock that meets certain tax reporting criteria, such as executive officers and directors of publicly traded companies, are typically required to file the necessary documentation with the relevant tax authorities.
To fill out the paperwork for acquired performance-based restricted stock, individuals should report the value of the shares at the time of vesting and include the performance metrics achieved, along with any tax withholding information on their tax returns.
The purpose of acquired performance-based restricted stock is to incentivize employees to meet specific performance goals, align their interests with shareholders, and retain key talent within the organization.
The information that must be reported includes the number of shares acquired, the fair market value of the shares at the time of vesting, the performance criteria met, and any tax implications or withholdings related to the shares.
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