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Vest

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Vest
(1) to confer the right of immediate or future possession and use of property. (2) a designation of ownership or possession of property. For example: a title is said to vest in John Doakes.

 


heated fleece vest (Shopping)
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Vest To become your property. "Vest" is typically used to describe how long it takes for an employer's matching contribution to belong to the employee. This could happen immediately or over a period of time.

Vest Fleece
A slang term used to describe a situation in which a company's executives accelerate the vesting of their employee stock options. Usually, accelerated vesting is preceded by a period of excessively high employee stock option grants.

Vest
Become applicable or exercisable. A term mainly used on the context of employee stock ownership or option programs.

These options vest as follows: 1/3 will vest on the first anniversary date of the grant (February 3, 2013); 1/3 will vest upon (i) the Company's common stock having a closing price per share that is at least $17.

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Typically, the conditions that allow the shares to be transferred are continued employment during a period of time, upon which they vest.

Also known as performance-accelerated restricted stock ("PARS") and time-accelerated restricted stock award plans ("TARSAPs"). Grants of restricted stock or restricted stock units which may vest early upon attainment of specified performance ...

Examples: An employee is issued a stock option grant of 100 shares of company XYZ at a strike price of $6, but must hold the options for one year until they vest.

See also: Stock, Share, Investment, Option, Options

Stock market Vertical spreadVesting

 
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