A Section 83(b) Election Freezes the Value of Restricted Stock

question 37

True/False

A section 83(b) election freezes the value of restricted stock for compensation purposes on the vesting date.

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Definitions:

Personal Factors

Individual characteristics, including personality, attitudes, and skills, that influence a person's behavior and performance.

Organizations

Entities composed of individuals and structures designed to collectively meet objectives or undertake specific activities, such as businesses, governments, or charities.

Overdraft Protection

A financial service that prevents checks, ATM withdrawals, and other debit transactions from causing an account balance to fall below zero, often involving a fee.

Dishonored Check

A check that a bank refuses to cash or pay because there are insufficient funds in the account.