Glossary > T

T

Tax Lot
A tax lot is a record of the details of a purchase or acquisition of a stock. Each acquisition of a stock on a different date or for a different price constitutes a new tax lot. Tax lots record cost basis information for each tax lot position.

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Tax Lots Choose Specific Shares
This field displays on sell request entry screens for stocks. If you select this field, you will be able to specify the tax lot shares to sell. For individual stocks, you can also prioritize the lots to indicate the sell request in which tax lot shares are sold. Select the Tax Lots check box to Choose Specific Shares. Click "Preview Sell Request" to access the Tax Lots Choose Specific Shares screen.

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Tax Withholding Method
If a stock plan transaction results in taxable income, the plan sponsor is required to withhold and remit withholding taxes due to the appropriate regulatory agencies. Your plan may allow for one or more tax withholding methods, including the Net Shares, Deposit Cash and Sell Shares methods. Participants who net shares will have the appropriate number of shares withheld by the plan sponsor at vesting/distribution/exercise in order to cover their tax obligation. They will be left with the number of shares vested/distributed/exercised, less the number of shares withheld for tax purposes. Participants who elect to deposit cash in order to satisfy their tax obligation must have the appropriate amount of cash in their Stock Plan Account on the day of vesting/distribution/exercise. The money will be debited from their Stock Plan Account upon vesting/distribution/exercise and it will be forwarded to the plan sponsor for reporting and remittance to the appropriate regulatory agencies. These people will receive the full number of shares that vested/distributed. Participants who sell shares will authorize Fidelity to execute the sale of a portion of vested shares to cover their tax obligation and any applicable commission and fees.

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Taxable Income
The dollar amount of any transaction that is subject to taxation.

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Taxes Withheld
The total amount of tax withheld at the time the Restricted Stock Award vests. The taxes withheld are not necessarily the taxes due on the award.

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Term
An indicator of how long a security position or lot was held. Term Possible values include:

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Time in Force
A time limitation that can be placed on the execution of a sell request. Time in force limitations include: Day, Good 'til Cancel, Fill or Kill, Immediate or Cancel, On the Open, and On the Close.

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Today's Close
One of the alternative methods indicated for determining the fair market value of stock acquired through option exercises. This value means that your stock option plan uses the price for the stock as of the market close on the day of your stock option exercise to calculate the: Taxable gain and withholding taxes for non-qualified stock options.

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Total Assets
The total value of the positions, including unsettled transactions, held in your Stock Plan Account on behalf of the participant as of the date displayed.

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Total Awards
The total number of Restricted Stock Awards (RSAs) per Award ID for each transaction being highlighted.

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Total Balance
The total dollar amount of contributions to an Employee Stock Purchase Plan during a selected offering period. This amount is the sum of all your contributions and employer matching contributions, if any, for the period.

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Total Balance for all Offering Periods
This amount is the sum of all your contributions and employer matching contributions, if any, for the sum of the periods.

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Total Company Matching Contribution
The total dollar amount of contributions, contributed by the company on behalf of the employee to an Employee Stock Purchase Plan during a selected offering period. Rules governing company matching participation in the Employee Stock Purchase Plan may vary. Refer to your plan rules for more information.

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Total Cost Basis
The total cost basis or proceeds of all the shares in the position. The amount is calculated using the quantity of shares and the cost basis per share.

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Total Dividend Value
The total value of dividends received from your employer's equity compensation program. This value is an accumulation of each dividend received to date.

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Total Employee Contribution
The total dollar amount of contributions, contributed by the employee to an Employee Stock Purchase Plan during a selected offering period.

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Total ESPP Shares Purchased
The total number of shares acquired in single transaction during a selected offering period.

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Total Options
The number of stock options, including options that are vested and unvested, that you hold. This is the number of options granted to you by your company less the number of options you have previously exercised and any stock options that may have been forfeited or canceled. On the Stock Option Summary screen, totals across all of your stock option grants and per grant display. On the Stock Option Summary|Vesting Schedule and Details screen, two Total Options balances display. One is the total number of options and the other is the total estimated current value of the options.

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Total Options Outstanding
The total number of stock options, including options that are vested and unvested, that you currently hold. This is the number of options you were granted less the number of options previously exercised and any stock options that may have expired or been canceled.

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Total Shares in Request
This shows the total number of shares for a sell request. This field displays on the Tax Lots Choose Specific Shares and Tax Lots Specified Lot Detail screens.

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Total Specified Shares
This shows the total number of tax lot shares you have chosen and that will be sold when the stock sell request executes. This field displays on the Tax Lots Choose Specific Shares and Tax Lots Specified Lot Detail screens.

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Total Unvested Awards
The total number of Restricted Stock Awards (RSAs) per participant that have been accepted but have not yet vested.

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Total Value of Exercisable Options
An estimated amount across all of your stock option grants. This value is calculated using the previous business day's closing price minus the grant price, multiplied by the total options exercisable, or zero, whichever is greater. Actual value at exercise may vary.

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Total Value of Options
This is an estimated amount across all of your stock option grants. This value is calculated using the previous business day's closing price minus the grant price, multiplied by the total options including those that are and are not exercisable. Actual value at exercise may vary.

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Total Value of Securities
Total value of securities is equal to the number of shares held multiplied by the price per share as of the time shown on the balances page.

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Total Value of Unvested Awards
An estimated value across all of your restricted stock awards. This value is calculated using the previous business day's closing price.

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Transaction Type
A description of an activity that takes place in your Stock Plan Account.

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Transfer Availability Date
According to your company plan, the date on which your grants are eligible for transfer.

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Transit Number
An eight-digit number required for electronic or wire payments sent to Canada. When requesting an electronic funds transfer or wire to be sent to Canada, along with a Transit Number, you must supply a BIC/SWIFT Code as well. Contact your financial institution for the correct Transit Number and BIC/SWIFT Code.

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TSRU
Total Shareholder Return Unit

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TSRUs Granted
The number of total shareholder return units an issuer (e.g., your company) has awarded to you. TSRUs give you the right to receive an award of shares with a value equal to the change in stock price over a set period of time as well as dividend equivalents accrued over that same time period, subject to certain restrictions.

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TSRUs Vested
The number of total shareholder return units that have vested.

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TSRUs Unvested
The number of total shareholder return units that have not yet vested.

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TSRUs Settled
The number of total shareholder return units that have settled.

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TSRUs Cancelled
The number of total shareholder return units that have been canceled because you no longer work for the employer who issued them.

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TSRUs Balance
The number of total shareholder return units that are currently outstanding.

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TSRU Potential Value
Total value of the number of outstanding TSRUs multiplied by the most recent Gain per TSRU calculation.

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TSRU Settlement Date
The date the TSRU award will be settled.

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TSRU Settlement Price
The fair market value calculation of common stock on the settlement date of the grant of TSRUs

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TSRU Distribution FMV
The price per share of the underlying stock at the time your total shareholder return unit was distributed and as used to determine the amount of income treated as compensation for Federal income tax purposes.. The price per share is based on the fair market value (FMV) option that your company's TSRU plan uses. Fair market value is based on either the prior business day's close, average high and low for the day, real-time price, or today's close as defined by the company's plan rules.

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Type
A price restriction that is placed on the execution of a sell request. Not all types are valid with all types of sell requests. Sell Request types include:

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