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CHAPTER 1

Restricted Stock Plan Overview

Upon logging into your StockPlan Connect account, you will be taken to your plan’s Overview page, which features an easy-to-read table of all your restricted stock awards and units. If you scroll down to the bottom of a long list of restricted shares and units, you can use the “back to top” arrow ( Back to Top Icon ) in the lower right-hand corner to jump back to the top of the page.

The Stock Plan Summary provides a quick overview of your restricted awards and units, including figures for:

Unvested Awards
Those shares or units that have been awarded, but have not yet vested

Available for Sale
The number of awards that have vested and are available for sale. Click on the “Available for Sale” link to be taken to a detail page about the shares and units available for sale

Current Market Value
An estimated value of your plan, based on current market value (shares available for sale x market price). This estimate does not account for commission fees.

Note: Depending on your company’s settings, you may see additional values next to the “Company Name” and “Share Price” modules at the top of the page, including:

Unvested Value
A summary of the unvested value of all your plans, which is the difference between the current market value and the award price multiplied by the number of shares or units that are unvested. If you see “unvested value” in the header, you will see it in the plan table, as well.

Potential Total
A summary of the total value of all plans, which is the current market value plus, if applicable, the value of any unvested awards or grants less the option costs of the grants. If you see “potential value” in the header, you will see it in the plan table, as well.

Note: Click on the “?” next to “Restricted Shares and Units” to access a glossary of terms that may help you better understand your restricted stock plan.

You can also hover over the column headers to view definitions of the following terms, without leaving the StockPlan Connect Overview page:

Column Definition

Award Number

The number assigned by you company to distinguish or identify your award

Award Date

The date on which an equity grant, such as stock options, SARs, or restricted stock, is awarded to you

Award Type

This field identifies the different types of awards that may be granted to you. Your company may not grant all these award types. For more information, please see the definition for each award type:

  • RSS – Restricted Shares
  • RSU – Restricted Units
  • PSS – Performance Shares
  • PSU – Performance Units
  • DSS – Deferred Shares
  • DSU – Deferred Units

 

Awarded

The number of shares or units awarded to you

Vested

Quantity of grants or awards/units in which ownership rights have been received and there is no longer a risk of forfeiture. Depending on your tax payment method, some shares may have been sold or withheld to satisfy tax liability.

Unvested

The number of grants or awards/units that are still subject to a restriction.

Status

The Notation Column identifies the status of the grant or award you were given.

  • Accepted – you have accepted the grant/award
  • Rejected – you have declined the grant/award
  • Accept – you have not yet accepted the grant/award
  • View – the grant/award does not require acceptance, but you may view the documents associated with that grant/award
  • Review – the grant/award does not require acceptance, but you may view the documents associated with that grant/award
  • Reviewed – you have reviewed the grant/award

 

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