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Jagman

10/11/07 5:02 PM

#23431 RE: zguy #23427

If I get restricted stock, how long before I can sell my shares?

You can't sell them until they vest. The most common arrangement is for a portion of the shares to vest each year for three or four years. At Microsoft, one-fifth of the shares will vest each year for five years. Once the shares vest, you can hold them indefinitely.

http://www.careerjournal.com/salaryhiring/options/20030714-simon.html

"Jag, restricted shares are restricted for 2 years."

All restricted shares 2 years or just Hemi's??????