The Orioles today announced that they have partnered this season with Chick-fil-A on a promotion called âOâs Days at Chick-fil-A.â During the regular season, there will be one date each month when Orioles fans wearing orange clothing or Orioles apparel can visit any participating Baltimore area Chick-fil-A between the hours of 11:00 a.m. and 8:00 ...
In the case of restricted stock, the former date is generally known as the vesting date and is the date when the employee recognizes income for tax purposes (assuming that the restricted stock is not transferable at an earlier date, which is how employers generally structure their restricted stock awards).
Assume the tax obligation at vesting is $500, the stock price on January 1, 2005 is $10 per share, and the tax withholding obligation at distribution is $725. 1  Pay Cash at Vest, Net Shares at Distribution. 2  Example 2 - Pay Cash at Vest and at Distribution. 3  Example 3 - Sell to Cover.