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LSDefine

Simple English definitions for legal terms

shadow stock plan

Read a random definition: danger-invites-rescue doctrine

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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lilypadfrog
11:56
LSAT tutoring
That is not an option for me lmao
lilypadfrog
11:57
@KnowledgeableRitzyWasp: yeah there are a couple thanks for asking
HopefullyInLawSchool
11:57
Guys this UPenn wave looks fake
11:57
I genuinely hate places that call because it turns things into a day-long stress instead of just being like oop I didn't get an email oh well
Trismegistus
11:58
how does it look fake
pleasepleasepleas
11:58
does Michigan call or email?
TackyProudYogurt
11:58
I have missed every A call I have received because I have a job and they all call at like 11 am
Trismegistus
11:58
what an excellent problem to have
am I being dumb to even think I have a chance at penn
should I just give up hope now
11:59
i tutored for the lsat in college lol, i went to a rich people school so the parents were happy to shell out money to a kid who didnt even have an official score yet
12:00
you have a great shot bulldog
the R's are killing any confidence I had
12:01
reddit says penn is calling, also same the umich r that early was disheartening
wonder what cornblatt is doing rn
lilypadfrog
12:01
stroking it
PuppyBot
12:01
lmaooo
i knew those group interviews existed for nefarious purposes
jackfrost11770
12:03
Oh I'm straight up not getting decisions until March am I
jackfrost11770
12:03
Awesome
me too
lilypadfrog
12:04
getting a ton of t14 As in March probably feels so good if you’re jackfrost
@BulbasaurNoLikeCardio: nobody i know does a side hustle because law school 1L is legit insanely hard
GreyCeaselessMammoth
12:05
@CurvyHypnoticSheepdog: what nefarious purposes??
Trismegistus
12:05
turned on my ringer and my email notification sound SCARED ME
@GreyCeaselessMammoth: it was a joke lol dw
12:05
morning lsd
@KnowledgeableRitzyWasp: damn, I am going to really need to find cheaper hobbies
hi chow
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