It is important here to distinguish RSUs
from Restricted Stock Awards (RSAs).
Not exact matches
After reviewing the revised peer group director compensation data in June 2009, the committee 1) set pay for the new non-executive Chairman of the Board, 2) increased the value of the annual equity
award from $ 145,000 to $ 175,000, since the previous level of compensation was deemed below the market median, and 3) changed the equity grant vehicle
from 100 %
restricted stock units (RSUs) to 50 % RSUs and 50 % outperformance
stock units (OSUs) in order to more closely align with the equity package that Intel executives receive.
To the extent that in 2018 or any later year, the aggregate amount of any covered officer's salary, bonus, and amount realized
from option exercises and vesting of
restricted stock units or other equity
awards, and certain other compensation amounts that are recognized as taxable income by the officer exceeds $ 1,000,000 in any year, we will not be entitled to a U.S. federal income tax deduction for the amount over $ 1,000,000 in that year.
Mr. Apotheker was granted a long - term incentive
award consisting of 76,000 shares of time - based
restricted stock vesting in equal amounts annually over a two - year period, 304,000 PRUs for the two - year performance period extending
from
Until the ownership level is achieved, executives must retain at least 25 % of the after - tax value upon vesting of each
restricted stock award or 25 % of the shares remaining after exercise costs and taxes
from a
stock option exercise.
The number of
stock options and
restricted shares
awarded at each management level can vary
from year to year.
Mr. Dimon's compensation included $ 14.2 million in
restricted stock and options
awarded in 2010 for his performance
from the previous year.
Couples have all kinds of different compensation packages ranging
from base salaries to commissions to bonuses and even
restricted stock awards.