There exists a vesting time hooked up towards the long-term rewards. Till the vesting term over the LTI finishes, the grantees tend not to formally very own the stock they had been awarded. To be a retention Software, LTI grants are forfeited until the receiver has achieved all vesting disorders. https://brooksvelrw.canariblogs.com/everything-about-types-of-long-term-incentive-plans-42646704