Sentences with phrase «percent equity awards»

Not exact matches

Employees will receive equity awards equal to five percent of their 2017 salaries in what it called the «Thank You, Thank You Bonus.»

If any covered officer is not in compliance with these stock ownership guidelines, he or she may not sell or otherwise dispose of more than 50 percent of any Shares that vest pursuant to any equity award during any period for which he or she is not in compliance with such guidelines until such time as he or she is in compliance with the guidelines and such sale would not cause the covered officer to cease to be in compliance with the guidelines.

If any covered officer is not in compliance with the guidelines, he or she may not sell or otherwise dispose of more than 50 percent of any Walmart Shares that vest pursuant to any equity award during any period for which he or she is not in compliance with the guidelines until such time as he or she is in compliance with the guidelines and such sale would not cause the covered officer to cease to be in compliance with the guidelines.

Justin C. Lowenthal, a lawyer in Davis, Calif., filed suit this week in U.S. District Court in San Francisco asking that he be awarded 7 percent equity in QuickLegal or $ 280,000.