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UPDATED! What is the difference between restricted stock and performance shares or units?

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UPDATED! What is the difference between restricted stock and performance shares or units?

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Restricted stock shares are issued up front at grant, but you do not own them outright and cannot sell or transfer the shares until the time-based restrictions lapse. With standard restricted stock units the situation is basically similar, while with performance shares your company sets goals that must be met, such as…

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