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A restricted stock unit is not legally outstanding as of the date of grant. An employee does not receive the stock immediately, but instead, receives

A restricted stock unit is not legally outstanding as of the date of grant. An employee does not receive the stock immediately, but instead, receives it according to a vesting plan of the company. The restricted stock unit is assigned a fair market value when it vests. Thus, a restricted stock unit is not a tangible stock as of the date of grant. Discuss?

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