|
|
 | | | |
- close
- close
- close
- close
EBAY » Topics » Restricted Stock Units, Performance Based Restricted Stock Units and Nonvested Shares ActivityThis excerpt taken from the EBAY 10-Q filed Apr 24, 2008. Restricted
Stock Units, Performance Based Restricted Stock Units and
Nonvested Shares Activity
The following table summarizes restricted stock unit activity
for the three months ended March 31, 2008 (in thousands):
In general, restricted stock units vest over three to five years
and are subject to the recipient’s continuing service to
eBay. The cost of restricted stock units is determined using the
fair value of our common stock on the date of the grant. The
weighted average grant date fair value for restricted stock
units awarded during the period was $25.95 per share.
During the first quarter of 2008, we awarded 86,000 restricted
stock units (included in the restricted stock unit activity
table above) under the performance-based restricted stock unit
plan in accordance with the performance conditions that were
achieved. As of March 31, 2008 there were approximately
95,000 performance-based restricted stock units that will be
awarded in the first quarter of 2009 if the performance
conditions are satisfied.
There was no significant nonvested share activity in the three
months ended March 31, 2008.
This excerpt taken from the EBAY 10-Q filed Apr 24, 2008. Restricted
Stock Units, Performance Based Restricted Stock Units and
Nonvested Shares Activity
The following table summarizes restricted stock unit activity
for the three months ended March 31, 2008 (in thousands):
In general, restricted stock units vest over three to five years
and are subject to the recipient’s continuing service to
eBay. The cost of restricted stock units is determined using the
fair value of our common stock on the date of the grant. The
weighted average grant date fair value for restricted stock
units awarded during the period was $25.95 per share.
During the first quarter of 2008, we awarded 86,000 restricted
stock units (included in the restricted stock unit activity
table above) under the performance-based restricted stock unit
plan in accordance with the performance conditions that were
achieved. As of March 31, 2008 there were approximately
95,000 performance-based restricted stock units that will be
awarded in the first quarter of 2009 if the performance
conditions are satisfied.
There was no significant nonvested share activity in the three
months ended March 31, 2008.
| EXCERPTS ON THIS PAGE:
RELATED TOPICS for EBAY: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||
