restricted stock grant

Restricted Stock Grant

A stock option given to an employee, especially a senior manager, allowing that employee to buy the company's shares, which are not registered with the SEC. The stocks in a restricted stock grant must be registered before the employee may sell them.

restricted stock grant

An offer, sometimes extended to corporate managers, that allows the purchase of stock generally at a bargain price if specified conditions are met. Restrictions may include a minimum length of employment or a specified rate of earnings growth. Voting rights and dividends revert to the recipient at the time of the grant.