Vest, Vested or Vesting
Vest, Vested or Vesting. Whether or not used with an initial capital letter, means the time at which Restricted Stock granted under the Plan will no longer be subject to forfeiture, based upon the expiration of the Restricted Period and the satisfaction of other restrictions and conditions imposed on the Shares relating to such Restricted Stock. Upon Vesting, the restrictions and conditions imposed on the Restricted Stock will lapse.
All Definitions
Found in
PEP BOYS MANNY MOE & JACK contract