Microsoft Director Awarded 210K Restricted Stock Units Vested After Departure
Microsoft (MSFT) director Hugh F. Johnston has been granted 210.126 restricted stock units (RSUs), which will vest after he leaves the board.
The RSUs are fully vested, with shares to be delivered in five equal annual installments starting 30 days after his separation from service on the Board of Directors.
This award increases Johnston's directly held restricted stock units to 2,349.681, each representing a contingent right to receive one share of Microsoft common stock.