Send us Feedback

Citigroup (C)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

C » Topics » (4) Restricted Stock Award.

This excerpt taken from the C 10-K filed Feb 23, 2007.

(4) Restricted Stock Award.

CGMI/GCIB shall cause to be granted to you a Citigroup Restricted Stock Award valued at $5 million. Such Award shall be granted to you within 30 days of your start date. The Award shall vest as follows: 50% on the later of September 20, 2005, or the one-year anniversary from your start date and 50% on September 20, 2006, provided you remained employed by CGMI/GCIB on such dates. Any unvested portion(s) of this Award shall be accelerated and paid to you should your employment be terminated by your dismissal by CGMI/GCIB without “Cause”, or at GCIB’s discretion, a payment in cash (less customary payroll deductions) will be made to you for the value of the forfeited restricted stock based upon the value of the restricted stock on your termination date, or due to your death or, in the case of your disability, after 12 consecutive months of disability. Any unvested portion(s) of this Award shall be cancelled should your employment with CGMI/GCIB terminate for any other reason.

"(4) Restricted Stock Award." elsewhere:

New York Community Bancorp (NYB)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki