A _____ plan is an award of shares with restrictions that require a predetermined length of service to elapse before vesting occurs.
A) premium-priced stock option
B) performance-vested restricted stock
C) time-based restricted stock
D) time-restricted stock option
E) indexed stock option

Question

Quizplus · Accepted Answer

The description in the question matches the definition of time-based restricted stock, where the shares are awarded with restrictions and vesting occurs only after a predetermined length of service has elapsed. The other options listed in the question, such as performance-vested restricted stock or premium-priced stock options, have different characteristics and definitions.

A _____ Plan Is an Award of Shares with Restrictions