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Dividends are commonly paid to executives who receive restricted stock, but dividends on options?
When employees receive restricted stock, they may choose to take the current value of the stock into income by making a special "section 83(b)" tax election.
To make up for Mr. Johnson's stock options at Apple, he will receive restricted Penney stock worth $50 million as of Monday's close.
Both Mr. Sulzberger and Michael Golden, vice chairman of the Times Company, did not receive restricted stock due to the company's financial performance.
SABMiller's two largest shareholders — the American tobacco giant Altria and the Santo Domingo family of Colombia — have agreed to support the deal and to accept a partial share alternative in which they would receive restricted shares and a smaller amount of cash at £41.85 a share, a discount to the cash price.
Mr. Nasser will receive restricted stock as if he had met the performance goals for awarding such stock, a Ford spokesman said, as well as performance stock rights, given on the basis of the company's results, for the three-year period through 2003.
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Values are shown only for executives who received restricted stock.
The directors each received restricted shares worth more than $1 million.
For example, the averages for restricted stock grants include only those executives who received restricted stock.
He received restricted stock awards of approximately $22 million during those years.
And the year before the REIT was acquired by Healthcare Realty Trust, directors received restricted stock as well.
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