释义 |
Performance Accelerated Restricted Stock Award Plans Performance Accelerated Restricted Stock Award Plans ("PARSAPs")Also known as performance-accelerated restricted stock ("PARS") and time-accelerated restricted stock award plans ("TARSAPs"). Grants of restricted stock or restricted stock units which may vest early upon attainment of specified performance objectives. Otherwise, a time-vesting schedule would remain in effect.Performance Accelerated Restricted Stock Award PlanA plan in which a company grants an employee restricted stock, which vests after a certain period of time or when a certain performance benchmark is reached, whichever comes first. |