TSRU is both similar to Option & Restricted Stock grant, plus additional wrinkle.
TSRU is grant of a # shares at a specific strike price with a specific vesting schedule.
However, like RSU it has specified sell schedule.
Also, you are credited for all dividends paid out between the grant & sell date.
For example:Granted 1000 shares on 1/1/12, strike price $10, vesting date of 1/1/15, and sell date of 1/1/17.
On 1/17, market price is $20, and over the 5 years a quarterly dividend of $0.10 per share was paid out.
Payout = ( ($20-$10) + ($0.10 x 4 x 5) ) x 1000 = ( $10 + $2 ) x 1000 = $12,000
TSRUs GrantedThe number of total shareholder return units an issuer (e.g., your company) has awarded to you. TSRUs give you theright to receive an award of shares with a value equal to the change in stock price over a set period of time as well as dividend equivalents accrued over that same time period, subject to certain restrictions.
TSRUs VestedThe number of total shareholder return units that have vested.
TSRUs UnvestedThe number of total shareholder return units that have not yet vested.
TSRUs SettledThe number of total shareholder return units that have settled.
TSRUs CancelledThe number of total shareholder return units that have been canceled because you no longer work for the employer who issued them.
TSRUs BalanceThe number of total shareholder return units that are currently outstanding.
TSRU Potential ValueTotal value of the number of outstanding TSRUs multiplied by the most recent Gain per TSRU calculation.
TSRU Settlement DateThe date the TSRU award will be settled.
TSRU Settlement PriceThe fair market value calculation of common stock on the settlement date of the grant of TSRUs
TSRU Distribution FMVThe price per share of the underlying stock at the time your total shareholder return unit was distributed and as used to determinethe amount of income treated as compensation for Federal income tax purposes.. The price per share is based on the fair market value (FMV) option that your company's TSRU plan uses. Fair market value is based on either the prior business day's close, average high and low for the day, real-time price, or today's close as defined by the company's plan rules.
If I enter as options, then it doesn't account for the dividends, which can account for $4-$6 per share...
A.J. said:Windows 2017...If I enter as options, then it doesn't account for the dividends, which can account for $4-$6 per share...
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