Award share typically refers to aspecific designation or percentage of shares that are allocated to individuals, usually in the context of employee incentives, compensation plans, or stock option plans. These shares are often part of acompany'sstrategy to reward employees or stakeholders for performance through equity participation. In the context of employee stock ownership plans (ESOPs), for example, award shares can be granted based on predetermined criteria, such as tenure, performance metrics, or company profitability.
