What is a lapse election, and why do I need to make it before the restricted stock or restricted stock units vest? 

The "lapse" is the end of the restriction that prevented the shares from vesting and being transferred to you. The lapse election is the method by which you choose withholding methods and what will be done with the...

To read the rest of this answer, please sign in or register below.

• Maximize your stock compensation gains and prevent mistakes!
• Great content and award-winning tools!

	You need to pay for Premium or Pro membership to access this feature. This will give you complete access to our award-winning content and tools on employee stock options, restricted stock/RSUs, SARs, and ESPPs. Who becomes a Premium Member? See our long list of paid subscribers. Are you a financial or wealth advisor? You'll want to learn more about MSO Pro Membership.     Username Password Forgotten your user name and password? Click here and we will try to help you find it.
Question or comments? Email support or call (617) 734-1979.