Imagine receiving an award from your employer for the value that you bring to the table, but the payout doesn't come for months or even years down the road. 

If you work in the tech industry, or otherwise receive a stock award from one year to the next, then you'll likely understand how exciting and at the same time, how bewildering it can be to receive what can be a significant portion of your income doled out over an extended period of time.

That's why understanding this often complex form of incentive compensation is essential to making wise choices with your income and to avoid leaving money on the table.

And today, we're going to talk about restricted stock.

More specifically, we're going to go back to the basics and discuss what you should know about this form of compensation, its potential tax implications, and what you should do to make sure you're making the most of your award and ensure that you're not leaving money on the table.

By the end of this episode, you should have an idea of how to get a read on your equity award, how you're taxed when you receive a stock award, and your options for when your award vests.

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