The best replacement for restricted stock is options.

The best alternatives to restricted stock are rated as following:
★★★★★  options
★★★★★  stock options
★★★★★  restricted stock units
★★  rsu
★★  common stock
★★  phantom stock
★  non-qualified stock options
★  common
★  stock option
★  unrestricted
★  non qualified
★  performance shares
★  unrestricted stock
  option
  incentive stock options
  restricted stock unit
  rsus

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