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  "documentTitle": "Oil Gas EP Incentive Compensation",
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      "text": "Restricted Stock / RSUs Ratable Vesting vs. Cliff Vesting",
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      "text": "Of companies that grant time-vesting restricted stock / RSUs, it is more common for companies to grant restricted stock than RSUs. A three-year vesting period is the most common vesting period (utilized by 77 percent of companies), while a four-year vesting period is the second most common (utilized by nine percent of companies). As shown in the chart to the right, most companies continue to utilize awards that vest ratably rather than cliff vest.",
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      "text": "Note: Yearly totals may not equal 100% since some companies have both ratable and cliff vesting awards.",
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      "text": "LONG-TERM INCENTIVES",
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      "text": "AWARD PROVISIONS",
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