Restricted Stock definition

Restricted Stock means Shares issued pursuant to a Restricted Stock award under Section 7 of the Plan, or issued pursuant to the early exercise of an Option.

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Restricted Stock means shares of Common Stock acquired pursuant to a grant of a Stock Purchase Right under Section 11 below.

Restricted Stock means any Share granted under Section 6(c) of the Plan.

Examples of Restricted Stock in a sentence

• Other than the Prosperity Restricted Stock Awards, no equity-based awards (including any cash awards where the amount of payment is determined in whole or in part based on the price of any capital stock of Prosperity or any of its Subsidiaries) are outstanding.

• Fifty percent (50%) of the Restricted Stock Units [reflected in the Participant’s Plan account maintained by [insert stock plan administrator reference]] will be subject to time-based vesting requirements (the “RSUs”) and fifty percent (50%) of the Restricted Stock Units will be subject to performance-based vesting requirements (the “PSUs,” and together with the RSUs, the “Award”).

• You have been granted [Number] Restricted Stock Units (“RSUs”) and an equal number of related Dividend Equivalents.

• In satisfaction of the Participant’s rights under the Phantom Award Letter, the Committee of the Board of Directors of the Company has granted Restricted Stock Units, with Dividend Equivalents as described in paragraph 3, to the individual named in this Award Agreement (the “Participant”) on [ ] (the “Grant Date”).

• As of the date of this Agreement, except as set forth in the immediately preceding sentence and for changes since January 26, 2026 resulting from the exercise, vesting or settlement of any Prosperity Restricted Stock Award described in the immediately preceding sentence, there are no shares of capital stock or other voting securities or equity interests of Prosperity issued, reserved for issuance or outstanding.

More Definitions of Restricted Stock

Restricted Stock means Shares issued under the Plan to the Grantee for such consideration, if any, and subject to such restrictions on transfer, rights of first refusal, repurchase provisions, forfeiture provisions, and other terms and conditions as established by the Administrator.

Restricted Stock means any Share issued with the restriction that the holder may not sell, transfer, pledge or assign such Share and with such risks of forfeiture and other restrictions as the Committee, in its sole discretion, may impose (including any restriction on the right to vote such Share and the right to receive any dividends), which restrictions may lapse separately or in combination at such time or times, in installments or otherwise, as the Committee may deem appropriate.

Restricted Stock means an Award granted to a Participant pursuant to Article 8.

Restricted Stock means Shares awarded to a Participant under Article VI subject to certain vesting conditions and other restrictions.

Restricted Stock means shares of Common Stock acquired pursuant to a grant of Stock Purchase Rights under Section 11 of the Plan.

Restricted Stock means Stock granted to a Participant under Section 6(d) hereof, that is subject to certain restrictions and to a risk of forfeiture.

Restricted Stock means Common Stock awarded under Article 8 that is subject to certain restrictions and may be subject to risk of forfeiture or repurchase.