| Topic Name: |
Salary Negotiations |
| Message Name: |
Restricted Stock |
| Date Posted: |
03/03/2006 |
| In Reply To: |
I heard a rumor today that stock options as part of a saleried managers review packages are going away. Any one heard this? It will impact ASMs and HRMs this year. |
| Message: |
There are certain non-managers being offered "restricted" stock.
Basically, a certain allotted amount of stock is set aside for these people and after 4 years, Home Depot will transfer ownership of the stock to the individual. At that point the individual will take a tax hit on the value of the stock, but will own all of it free and clear.
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