Restricted Stock Plan
Other than to satisfy awards under the short-term plans (ESA and PSA), the principal use of the Restricted Stock Plan is for awards under the WPP Leaders and WPP Partners programs. These programs are used to further align the interests of about 1,100 of our key executives with the interests of share owners.
In both programs awards are made to participants that vest three years after grant provided the participant is still employed within the Group. Some executives at the head office participate in these programs but no awards are made to executive directors.