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The A to Z Explanation About Phantom Stocks

Vantage Circle

At that time, the price per share was $50. After five years, the share price has appreciated from $50 to $60. In the "appreciation only" method, in January 2025, Albert will receive the appreciated amount per share. That is, ($60-$50) X 100 shares = $1000. Are phantom stock plans subject to Erisa?