What is Restricted Stock?

Restricted stock is an award of company stock, subject to conditions (such as continued service to the company or attainment of performance goals) that must be met before you have the right to sell or transfer the stock. Restricted Stock Units (RSUs) are equivalent to shares, but are converted to stock upon vesting. Generally, Restricted Stock Shares (RSS) and Units “vest” — or become unrestricted — in increments over a period of time or when performance goals are met. As the service provider for your companyís restricted stock plan, Morgan Stanley helps you keep track of your awards and provides you with online access to your restricted stock account — and help when you need it.