The Orioles today announced that they have partnered this season with Chick-fil-A on a promotion called âOâs Days at Chick-fil-A.â During the regular season, there will be one date each month when Orioles fans wearing orange clothing or Orioles apparel can visit any participating Baltimore area Chick-fil-A between the hours of 11:00 a.m. and 8:00 ...
In the case of restricted stock, the former date is generally known as the vesting date and is the date when the employee recognizes income for tax purposes (assuming that the restricted stock is not transferable at an earlier date, which is how employers generally structure their restricted stock awards).
What is vesting? Answer: Vesting occurs when an employee acquires ownership. Does an employer offer a retirement savings plan such as a 401(k), traditional pension, or profit-sharing plan? Do they distribute a stock option grant as a year-end bonus? These employee benefits and others like them are often tied to a timeline known as a vesting schedule. The vesting schedule determines when an employee acquires full ownership of the benefit. For example, an employer grants an employee 10,000 stock options as a thank-you for a job well done. 1  But it may not be time to go mansion shopping just yet. The options may not actually be distributed to an employee until they're vested.