Microsoft to 900 managers to issue $951 million restricted stock

The world's largest software vendors Microsoft Corp announced on Thursday, according to the current stock price, the company will get $951 million worth of restricted stock granted in about 900 executives and managers.

Microsoft Corp said, as of 2003 the company issued to employees by a limited stock plan, these shares will be granted in the past three years working at Microsoft executives, from 2003 onwards the Microsoft Corp to stop stock options granted to employees.

According to the Microsoft Corp submitted to the securities and Exchange Commission, restricted stock issued in the business department, Microsoft Corp President Jeff Raikes acquired the stock in the first place, he obtained 875334 shares of restricted stock. Microsoft Corp platform and service sector joint President Kevin Johnson ranked second, he received a restricted stock of 703259 shares. Bill, chairman of Microsoft Corp - Chief Executive Officer Steve - and - - - - - - - - - - - - - - - - - - - - - - has not got any restricted stock on the stock market, and has not received any restrictions on the stock.

Microsoft Corp will be granted about 37 million shares of restricted stock. 1/3 of them are cashed immediately, and the rest will be awarded to the staff in the next two years in these two sections. Microsoft Corp, director of the board of directors remuneration committee member James Cash said in a statement, the issuance of restricted stock by using the quantitative standard of staff performance evaluation, quantity issued restricted stock with industry practice.