Performance Accelerated Restricted Stock Award Plans

Performance Accelerated Restricted Stock Award Plans
(" PARSAPs")
Also known as performance-accelerated restricted stock ("PARS") and time-accelerated restricted stock award plans ("TARSAPs"). Grants of restricted stock or restricted stock units which may vest early upon attainment of specified performance objectives. Otherwise, a time-vesting schedule would remain in effect. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • PARSAPs — See: Performance Accelerated Restricted Stock Award Plans …   Financial and business terms

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