QH&B 2005 Restricted Stock Grant

Does anyone know how to properly enter company issued restircted stock which vests over 4 years? They act similar as employee stock options in their vesting schedule, but are worth the value of the stock, not a strike price differential. Would you enter them as options with a strike price of zero?

Reply to
Eric Lipkind
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I'm going to work from the assumptions that A) YOU haven't actually investing anything in this grant, and B) the grant was recently made.

At this point, you've got a promise ... nothing more. And that promise is, presumably, based upon your future actions (staying with the company).

SO, I'd create 4 investment reminder transactions (1 for the completion of each annual vesting periond). And when the reminder comes due, record a ShrsIn transaction reflecting the shares you've "earned".

You can probably record the reminders in any available investment account (i.e., your primary account), but you probably want to set up a separate Investment account for the ShrsIn transactions, so that -- when the occur -- the don't mess up the balance of any other account.

Reply to
danbrown

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