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NoDelay Delivery Corporation included the following disclosure note in an annual report: Stock - Based Compensation ( in part ) Restricted shares of our common
NoDelay Delivery Corporation included the following disclosure note in an annual report:
StockBased Compensation in part
Restricted shares of our common stock are awarded to key employees. All restrictions on the shares expire ratably over a fouryear period. Shares are valued at the market price on the date of award. Compensation expense associated with these awards is recognized on a straightline basis over the shorter of the requisite service period or the stated vesting period.
The folowing table summarizes information regarding vested and unvested restricted stock for the year ended May
tablethet Nunber of Shares,tableWeighted AverageGrant Date FairValueUmiested at May table$
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