Share incentives glossary A–Z
Share incentives glossary A–Z

The following Share Incentives practice note provides comprehensive and up to date legal information covering:

  • Share incentives glossary A–Z
  • Accelerated vesting
  • AIM
  • Annual general meeting (AGM)
  • Articles of association
  • Capital gains tax (CGT)
  • Cashless exercise
  • Clawback
  • Company share option plan (CSOP)
  • Conditional share award
  • More...

The Share incentives glossary pulls together key definitions of share incentives terms and provides links to relevant resources. The glossary is continuously enhanced as we identify further terms for inclusion. The glossaries currently available are:

Accelerated vesting

Accelerated vesting allows an employee to speed up the original or standard vesting schedule by which the employee gains access to share awards and/or shares.

Accelerated vesting often but not always and not exclusively happens on an ‘exit’ event.

AIM

A securities market owned and operated by the London Stock Exchange plc that was launched on 19 June 1995. It allows smaller, less-viable companies to float shares with lighter entry requirements and continuing obligations than the main regulated markets. Formerly the Alternative Investment Market, now simply known as AIM.

For further information on the share scheme requirements and issues facing a company which trades on AIM, see Practice Notes: Share scheme issues for an AIM company and Continuing obligations of an AIM company.

Annual general meeting (AGM)

A general meeting that certain companies are required to hold each year. A public company must hold an AGM each year within the period of six months beginning with the date following its accounting reference date. A private company is not required to hold an AGM each year (although it may choose to do so and its articles of association may contain provisions requiring the company to hold

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