Restricted stock units $($RSUs$)$ are:

$11$

Multiple Choice

$01\mathrm{.}47$:$14$

a grant valued in terms of a set number of shares of company stock.

reported as a liability if payable in shares rather than cash.

recorded based on a value estimated by a restricted stock valuation model.

shares issued at the date of grant that must be returned if the reciplent fails to satisfy the vesting requirement.