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Re: blueskywaves post# 23553

Thursday, 05/08/2003 6:56:48 AM

Thursday, May 08, 2003 6:56:48 AM

Post# of 435770
Bluesky thanks for posting that excellent link to the various stock-based plans. I certainly appear to be wrong about my interpretation of restricted stock. Apparently the restricted stock is an outright gift to the individual requiring no investment at all. Therefore since it requires no investment, the value of the restricted stock at the date of grant is expensed as compensation over the vesting period. I stand corrected on this issue.

IDCC also issues restricted stock units, which were not addressed in your referenced link. I think almost all of the restricted stock units go to Harry Campagna for his services as Chairman of the Board. Do you know if RSUs are treated the same as the restricted stock, and what is the real difference between restricted stock and RSUs?

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