RE:RE:RE:RE:Restricted Share UnitsNo sir, I'm afraid you are mistaken. When RSU"s are issued they are in effect free shares without any tax at time of issue. When they are cashed (after vesting) the complete value is reported on a T4 box 14 as employment income. This is done when the RSU's are cashed out. The reason executives prefer this is the tax deferment, and the fact that the RSU's will always have SOME value unless the company went broke. You description applies to stock options, on which you pay capital gains tax on 50% of the difference between the issued option value and the cash out value. They are not the same.