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A term that some stock plan providers use for the notice you receive when restricted stock and restricted stock units (RSUs) vest and appear in your account. It usually gives the details of the shares that are vesting, including the fair market value on the grant date, the withholding taxes, and a breakdown of any shares withheld or sold to pay the taxes. It is provided for your information and does not replace the Form 1099-B, Form W-2, or trade confirmations you may also receive.
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