An overview of the US federal tax consequences of various types of equity compensation awards granted by employers to their employees and other service providers. Awards covered include incentive stock options, non-qualified stock options, stock appreciation rights, restricted stock, and restricted stock units. This Note also includes a brief overview of Sections 83, 422, 409A, and 162(m) of the Internal Revenue Code, including relevant changes made to Section 83 and Section 162(m) by the Tax Cuts and Jobs Act.