Grant Tag

Stephen Curry has found his solution to considered one of the important thing perks of executive life — the stock grant.  Under Armour Inc. gave the recently named president of the Curry Brand — and point guard for the Golden State Warriors — restricted stock units for 8,823,530 shares of its Class C common stock.  The units were valued at $75 million once they were issued on Monday and were awarded to the WSC and AC Family Revocable Trust, where Curry is each a trustee and beneficiary.  Under Armour said the award was “partial consideration” for Curry’s recent deal, which has him continuing to function brand ambassador for the corporate while also heading up his signature product line.  The award vests in two equal...