(f)
Payment of Stock Appreciation Right Amount.
Not exact matches
The performance goals upon which the
payment or vesting
of any Incentive Award (other than Options and
stock appreciation rights) that is intended to qualify as Performance - Based Compensation depends shall relate to one or more of the following Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return on inv
stock appreciation rights) that is intended to qualify as Performance - Based Compensation depends shall relate to one or more
of the following Performance Measures: market price
of Capital
Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return on inv
Stock, earnings per share
of Capital
Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return on inv
Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return on invested
A
stock appreciation right entitles a participant to receive a
payment, in cash, common
stock, or a combination
of both, in an amount equal to the difference between the fair market value
of the
stock at the time
of exercise and the exercise price
of the award, which may not be lower than the fair market value
of the Company's common
stock on the day
of grant.
Tax withholding obligations could be satisfied by withholding shares to be received upon exercise
of an option or
stock appreciation right, the vesting
of restricted
stock, performance share, or
stock award, or the
payment of a restricted share right or performance unit or by delivery to the Company
of previously owned shares
of common
stock.
The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date
of termination
of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions,
payments pursuant to retirement plans, distributions under deferred compensation plans or
payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms
of the applicable plan; (ii)
payments of prorated portions
of bonuses or prorated long - term incentive
payments that are consistent with Company Practices; (iii) acceleration
of the vesting
of stock options,
stock appreciation rights, restricted
stock, restricted
stock units or long - term cash incentives that is consistent with Company Practices; (iv)
payments or benefits required to be provided by law; and (v) benefits and perquisites provided in accordance with the terms
of any benefit plan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.
In addition, in connection with the termination
of the 2014 Plan upon a sale event, we may make or provide for a cash
payment to participants holding vested and exercisable options and
stock appreciation rights equal to the difference between the per share cash consideration payable to stockholders in the sale event and the exercise price
of the options or
stock appreciation rights.
Upon exercise
of a
Stock Appreciation Right, a Participant will be entitled to receive
payment from the Company in an amount determined by multiplying:
Stock appreciation rights provide for a payment, or payments, in cash or shares of our Class A common stock, to the holder based upon the difference between the fair market value of our Class A common stock on the date of exercise and the stated exercise price at grant up to a maximum amount of cash or number of sh
Stock appreciation rights provide for a
payment, or
payments, in cash or shares
of our Class A common
stock, to the holder based upon the difference between the fair market value of our Class A common stock on the date of exercise and the stated exercise price at grant up to a maximum amount of cash or number of sh
stock, to the holder based upon the difference between the fair market value
of our Class A common
stock on the date of exercise and the stated exercise price at grant up to a maximum amount of cash or number of sh
stock on the date
of exercise and the stated exercise price at grant up to a maximum amount
of cash or number
of shares.
At the discretion
of the Administrator, the
payment upon
Stock Appreciation Right exercise may be in cash, in Shares
of equivalent value, or in some combination thereof.
Upon exercise
of a
stock appreciation right, the participant will receive
payment from the Company in an amount determined by multiplying (a) the difference between (i) the fair market value
of a share on the date
of exercise and (ii) the exercise price times (b) the number
of shares with respect to which the
stock appreciation right is exercised.
Stock appreciation rights provide for a payment, or payments, in cash or shares of our common stock, to the holder based upon the difference between the fair market value of our common stock on the date of exercise and the stated exercise price of the stock appreciation r
Stock appreciation rights provide for a
payment, or
payments, in cash or shares
of our common
stock, to the holder based upon the difference between the fair market value of our common stock on the date of exercise and the stated exercise price of the stock appreciation r
stock, to the holder based upon the difference between the fair market value
of our common
stock on the date of exercise and the stated exercise price of the stock appreciation r
stock on the date
of exercise and the stated exercise price
of the
stock appreciation r
stock appreciation right.
In particular, AIC
payments, LTI
payments and
stock options represent a significant portion
of our executive compensation program, as shown by the chart below, and this variable compensation is «at risk» and directly dependent upon the achievement
of pre-established corporate goals and
stock price
appreciation:
Specifically, benefits subject to the HP Severance Policy include: (a) separation
payments based on a multiplier
of salary plus target bonus, or cash amounts payable for the uncompleted portion
of employment agreements; (b) any gross - up
payments made in connection with severance, retirement or similar
payments, including any gross - up
payments with respect to excess parachute
payments under Section 280G
of the Code; (c) the value
of any service period credited to a Section 16 officer in excess
of the period
of service actually provided by such Section 16 officer for purposes
of any employee benefit plan; (d) the value
of benefits and perquisites that are inconsistent with HP Co.'s practices applicable to one or more groups
of HP Co. employees in addition to, or other than, the Section 16 officers («Company Practices»); and (e) the value
of any accelerated vesting
of any
stock options,
stock appreciation rights, restricted
stock or long - term cash incentives that is inconsistent with Company Practices.
plans, e.g., 401 (k) Plan distributions,
payments pursuant to retirement plans, distributions under deferred compensation plans or
payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms
of the applicable plan; (ii)
payments of prorated portions
of bonuses or prorated long - term incentive
payments that are consistent with Company Practices; (iii) acceleration
of the vesting
of stock options,
stock appreciation rights, restricted
stock, restricted
stock units or long - term cash incentives that is consistent with Company Practices; (iv)
payments or benefits required to be provided by law; and (v) benefits and perquisites provided in accordance with the terms
of any benefit plan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.
The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date
of termination
of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions,
payments pursuant to retirement plans, distributions under deferred compensation plans or
payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms
of the applicable plan; (ii)
payments of prorated portions
of bonuses or prorated long - term incentive
payments that are consistent with Company Practices; (iii) acceleration
of the vesting
of stock options,
stock appreciation rights, restricted
stock, restricted
stock units or long - term cash incentives that is consistent with Company Practices; (iv)
payments or benefits required to be provided by law; and
Most investors seem to focus exclusively on speculative gains (the
appreciation), going so far as ignoring dividend
payments when reporting
stock market results over long periods
of time.
Owning shares
of stock or
stock funds might increase the value
of your portfolio in one
of two fundamental ways: capital
appreciation (i.e., price increases) and dividend
payments.
Upon an involuntary termination
of Mr. Suh's employment within 12 months after a change in control
of LegalZoom, he would have received a cash severance
payment equal to one year
of base salary and his then - outstanding unvested
stock options, restricted
stock,
stock appreciation rights and
stock units would become fully vested immediately before his termination
of employment.