Marie,a top manager at Levon Marketing,will receive 500 shares of the firm's stock if the firm's sales increase by 5% in the next quarter.Which of the following was Marie most likely given?

Question

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With performance-contingent restricted stock, the executive receives his or her shares only if he or she meets the preset performance targets. With restricted stock plans, the firm usually awards rights to the shares without cost to the executive, but the employee is restricted from acquiring (and selling) the shares for, say, 5 years.

Marie,a Top Manager at Levon Marketing,will Receive 500 Shares of the Firm's