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LSDefine

Simple English definitions for legal terms

shadow stock plan

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A quick definition of shadow stock plan:

A shadow stock plan is when a company gives its employees pretend stocks that they can't actually sell or buy. It's like a game where the employees get to pretend they own part of the company, but they don't actually get any real money from it. A shakedown is when someone tries to get money from another person by threatening them with violence or arrest. A search is when the police look for evidence of a crime by looking at a person's things or body. Sometimes they need a warrant to do this, but sometimes they can do it without one if there's an emergency or if they're arresting someone. There are different types of searches, like a strip search where they look for hidden things on a person's body, or an inventory search where they look at everything a person has when they're arrested.

A more thorough explanation:

A type of employee compensation plan where employees receive hypothetical shares of company stock, but do not actually own the stock. The value of the shares is based on the performance of the company's actual stock.

Example: John works for XYZ Corporation and is part of their shadow stock plan. The plan gives him hypothetical shares of the company's stock, which will increase or decrease in value based on the performance of the actual stock. At the end of the year, John's hypothetical shares are worth $10,000, which he can then cash out or reinvest.

This example illustrates how a shadow stock plan works. Employees receive a form of compensation that is tied to the performance of the company's stock, but they do not actually own the stock.

shadow jury | shakedown search

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HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
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