Furthermore, the Compensation Committee approved a one - time special target award of 125,000
Performance Stock Units to each of Ms. Catz and Mr. Hurd in connection with their respective appointments to Chief Executive Officer, for an aggregate target of for each of 687,500
Performance Stock Units in fiscal 2015.
The performance metrics used for
the Performance Stock Units are different from the metrics used in Oracle's Executive Bonus Plan.
Gorman missed out on
performance stock units granted as part of his 2009 pay after the firm missed the targets attached to those awards in the three years ended in 2012.
Not exact matches
Ford Motor Co on Monday said it was replacing Chief Executive Officer Mark Fields with James Hackett, the head of the
unit developing self - driving cars, in response to investors» growing unease over the U.S. carmaker's
stock performance and prospects.
In addition to a $ 1 million base salary and $ 2 million
performance bonus, the Waterloo, Ontario, company will give him 13 million BlackBerry restricted share
units, worth $ 85 million based on the current
stock price, that will vest over five years.
The Plan permits grants of the following types of incentive awards subject to such terms and conditions as the Leadership Development and Compensation Committee shall determine, consistent with the terms of the Plan: (1)
stock options, including
stock options intended to qualify as ISOs, (2) other
stock - based awards, including in the form of
stock appreciation rights, phantom
stock, restricted
stock, restricted
stock units,
performance shares, deferred share
units or share - denominated
performance units, and (3) cash awards.
No Participant shall receive
Stock Grants or Restricted
Stock Units during any Fiscal Year covering, in the aggregate, in excess of 7,000,000 Shares (for this purpose, (A) counting such Shares on a 1 - for - 1 basis and (B) for
Stock Grants or Restricted
Stock Units as to which the number of Shares earned is dependent on the level of attainment of
performance vesting conditions, counting in respect thereof the number of Shares that may be earned at maximum
performance), subject to adjustment pursuant to Section 11.
Under the terms of the LTICP, in addition to or in lieu of
stock options, we may award, and have awarded in selected situations for retention purposes or to address other competitive pressures, other types of equity - based long - term compensation, including restricted
stock, RSRs,
stock awards,
stock appreciation rights,
performance shares, or
performance units.
These incentives are provided through the granting of
stock options,
stock appreciation rights, restricted
stock awards, restricted
stock units,
performance bonus awards,
performance shares and
performance units.
Unless the Committee or Board determines otherwise prior to the transaction, if substantially all of the assets of the Company are acquired by another corporation or in case of a reorganization of the Company involving the acquisition of the Company by another entity, (i)
stock options and
stock appreciation rights become exercisable immediately prior to the transaction; (ii) restrictions with respect to restricted
stock and RSRs lapse and shares are delivered; and (iii)
performance shares and
performance units pay out pro rata based on
performance through the end of the last calendar quarter.
In addition, in such circumstances, all restrictions on restricted
stock and restricted
stock units held by such non-employee director will lapse, and, unless otherwise determined by the Administrator, all
performance goals or other vesting requirements will be deemed achieved at 100 % and all other terms and conditions met.
Also, if a majority of the Board is comprised of persons other than (i) persons for whose election proxies were solicited by the Board; or (ii) persons who were appointed by the Board to fill vacancies caused by death or resignation or to fill newly - created directorships («Board Change»), unless the Committee or Board determines otherwise prior to such Board Change, then participants immediately prior to the Board Change who cease to be employees or non-employee directors within six months after such Board Change for any reason other than death or permanent disability generally have their (i) options and
stock appreciation rights become immediately exercisable and to the extent not canceled or cashed out, generally have at least six months to exercise such awards; (ii) restrictions with respect to restricted
stock and RSRs lapse and generally shares are delivered; and (iii)
performance shares and
performance units pay out pro rata based on
performance through the end of the last calendar quarter before the time the participant ceased to be an employee.
As of March 31, 2018, equity awards outstanding under Salesforce equity plans were approximately: 24,905,926
stock options, no unvested restricted shares, 23,871,234 restricted
stock units and 806,427
performance - based restricted
stock units.
The Committee also approved the following compensation elements for 2016: base salary, annual incentive target,
Performance Share
Unit (PSU) and Restricted
Stock Unit (RSU) grants under the Long - Term
Performance Plan.
Our 2015 Plan will provide for the grant of incentive
stock options, within the meaning of Section 422 of the Code, to our employees and any parent and subsidiary corporations» employees, and for the grant of nonstatutory
stock options, restricted
stock, restricted
stock units (RSUs),
stock appreciation rights,
performance units, and
performance shares to our employees, directors, and consultants and our parent and subsidiary corporations» employees and consultants.
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 Committee may establish
performance conditions and other terms with respect to grants of restricted
stock, RSRs,
performance shares and
performance units in order to qualify such
This grant is comprised 65 % of 2016 - 2018
Performance Share
Units and 35 % of Restricted
Stock Units.
(d) «Award» means, individually or collectively, a grant under the Plan of Options,
Stock Appreciation Rights, Restricted
Stock, Restricted
Stock Units,
Performance Bonus Awards,
Performance Units or
Performance Shares.
If an award of
stock options or
stock appreciation rights expires or becomes unexercisable without having been exercised in full or is surrendered pursuant to an exchange program or shares issued through awards of restricted
stock, restricted
stock units,
performance units,
performance shares, or
stock - settled
performance awards are forfeited to us or
The 2008 Plan permits the granting of incentive
stock options, nonqualified
stock options, shares of restricted
stock, restricted
stock units,
stock appreciation rights, phantom
stock,
performance shares, deferred share
units and share - denominated
performance units, and other
stock - based awards.
as to Shares deliverable on the exercise of Options or
Stock Appreciation Rights, or in settlement of
Performance Units or Restricted
Stock Units, until the delivery (as evidenced by the appropriate entry on the books of Walmart of a duly authorized transfer agent of Walmart) of such Shares, give the Recipient the right to vote, or receive dividends on, or exercise any other rights as a stockholder with respect to such Shares, notwithstanding the exercise (in the case of Options or
Stock Appreciation Rights) of the related Plan Award;
Qualified
Performance - Based Award is an award consisting of an option, restricted stock, restricted stock unit, stock appreciation right, performance unit or Shares that is intended to provide «qualified performance - based compensation» within the meaning of Section 162 (m) of the Internal Re
Performance - Based Award is an award consisting of an option, restricted
stock, restricted
stock unit,
stock appreciation right,
performance unit or Shares that is intended to provide «qualified performance - based compensation» within the meaning of Section 162 (m) of the Internal Re
performance unit or Shares that is intended to provide «qualified
performance - based compensation» within the meaning of Section 162 (m) of the Internal Re
performance - based compensation» within the meaning of Section 162 (m) of the Internal Revenue Code.
Companies should give CEOs share
units less often and stop paying them with
stock options to motivate better long - term
performance and minimize the role of luck in compensation payouts, a new report argues.
If an Award expires or becomes unexercisable without having been exercised in full, is surrendered pursuant to an Exchange Program, or, with respect to Restricted
Stock, Restricted
Stock Units,
Performance Units or
Performance Shares, is forfeited to or repurchased by the Company due to failure to vest, the unpurchased Shares (or for Awards other than Options or
Stock Appreciation Rights the forfeited or repurchased Shares), which were subject thereto will become available for future grant or sale under the Plan (unless the Plan has terminated).
grant of incentive
stock options to employees, including employees of any parent or subsidiary, and for the grant of nonstatutory
stock options,
stock appreciation rights, restricted
stock awards, restricted
stock unit awards,
performance stock awards,
performance cash awards, and other forms of
stock awards to employees, directors, and consultants, including employees and consultants of our affiliates.
The Plan permits the grant of Incentive
Stock Options, Nonstatutory
Stock Options, Restricted
Stock, Restricted
Stock Units,
Stock Appreciation Rights,
Performance Units and
Performance Shares.
(c) «Award» means, individually or collectively, a grant under the Plan of Options,
Stock Appreciation Rights, Restricted
Stock, Restricted
Stock Units,
Performance Units or
Performance Shares.
With respect to Awards granted to an Outside Director that are assumed or substituted for, if on the date of or following such assumption or substitution the Participant's status as a Director or a director of the successor corporation, as applicable, is terminated other than upon a voluntary resignation by the Participant (unless such resignation is at the request of the acquirer), then the Participant will fully vest in and have the right to exercise Options and / or
Stock Appreciation Rights as to all of the Shares underlying such Award, including those Shares which would not otherwise be vested or exercisable, all restrictions on Restricted
Stock and Restricted
Stock Units will lapse, and, with respect to Awards with
performance - based vesting, all
performance goals or other vesting criteria will be deemed achieved at one hundred percent (100 %) of target levels and all other terms and conditions met.
upon the exercise of an Option or
Stock Appreciation Right or upon the payout of a Restricted Stock Unit, Performance Unit or Performance Share, for each Share subject to such Award, to be solely common stock of the successor corporation or its Parent equal in fair market value to the per share consideration received by holders of Common Stock in the Change in Con
Stock Appreciation Right or upon the payout of a Restricted
Stock Unit, Performance Unit or Performance Share, for each Share subject to such Award, to be solely common stock of the successor corporation or its Parent equal in fair market value to the per share consideration received by holders of Common Stock in the Change in Con
Stock Unit,
Performance Unit or
Performance Share, for each Share subject to such Award, to be solely common
stock of the successor corporation or its Parent equal in fair market value to the per share consideration received by holders of Common Stock in the Change in Con
stock of the successor corporation or its Parent equal in fair market value to the per share consideration received by holders of Common
Stock in the Change in Con
Stock in the Change in Control.
Nonstatutory
Stock Options,
Stock Appreciation Rights, Restricted
Stock, Restricted
Stock Units,
Performance Shares and
Performance Units may be granted to Service Providers.
The Company grants
performance and market - based options and restricted
stock units to employees and directors.
Our 2014 Plan will provide for the grant of incentive
stock options, within the meaning of Code Section 422, to our employees and any parent and subsidiary corporations» employees, and for the grant of nonstatutory
stock options, restricted
stock, RSUs,
stock appreciation rights,
performance units and
performance shares to our employees, directors and consultants and our parent and subsidiary corporations» employees and consultants.
Our 2013 Plan will provide for the grant of incentive
stock options, within the meaning of Section 422 of the Code, to our employees and any parent and subsidiary corporations» employees, and for the grant of nonstatutory
stock options, restricted
stock, RSUs,
stock appreciation rights,
performance units and
performance shares to our employees, directors and consultants and our parent and subsidiary corporations» employees and consultants.
For additional details, see the discussion of PARSU awards under «Compensation Discussion and Analysis — Determination of Fiscal 2014 Executive Compensation — Fiscal 2014 Long - Term Incentive Compensation — 2014
Performance - Adjusted Restricted
Stock Units.»
For Mr. Benioff,
stock awards consist only of a
performance - based restricted
stock unit award.
Annual incentive compensation and a portion of
performance - based restricted
units focus on short - term
performance while the balance of
performance - based restricted
units and the other components of
performance - based pay are tied to achievement of financial targets and
stock price
performance over a longer period of time.
Control of MFC and WCS The material flow computer and warehouse control system are the control
units for high -
performance automatic warehouses that automate
stock putaway, removal, and transfer processes with the help of floor conveyor technology and automated storage and retrieval systems.
Using two high -
performance turbochargers with larger compressor
unit, a core assembly with reinforced axial bearings, and the plug - and - play Brabus PowerXtra auxiliary control
unit, the
stock 4.0 - liter twin - turbocharged V8 is transformed significantly.
The Bottrop - based tuner also ditches the
stock turbochargers for new
units with a larger compressor and turbine, plus
performance exhaust manifolds.
In terms of
performance, the 6.2 - liter engine gets a revised ECU
unit and a Rhine Land exhaust system for a total output of 610 horsepower, an improvement of 85 horses over the
stock V8.
Exhibitor: Toyo Tires Phone: 800-442-8696 Website: http://www.toyotires.com/ Booth Number: 63103; Toyo Tires Treadpass Customizer / Builder: RMD Garage Powertrain / Drivetrain: Chevrolet
Performance LS3 6.2 L engine; ATI pulley kit; MagnaFlow headers and exhaust system; GM four - speed automatic transmission; Currie differential; aluminum 29 - gallon gas tank; Mattson radiator, core support and electric fans Chassis: Fully boxed
stock frame; Heidt's four - link suspension; QA1 coil - over struts and tubular control arms; CPP big brake kit, steering box, brake booster and mounting bracket; Toyo Proxes R888 tires; Raceline wheels Exterior: PPG paint; Rafa & Son paint and body; Kindig - it Designs door handles; Eddie Motorsports polished hood brace, hood and trunk hinge and bumpers; smooth firewall panel; body worked underside of floor pans; Rocky Hinge taillight fuel door conversion kit Interior: Dakota Digital instrument system; ididit tilt steering column; retrofit floor shifter; Vintage Air A / C
unit; RainGear windshield wiper kit; Dynamat sound deadening; power windows; keyless entry; Pioneer head
unit, amps and components; battery relocated to trunk; custom door panels, headliner, center console and trunk panel
Further
performance modifications contain TRD mechanical differential instead of the
stock Torsen
unit, while the final drive ratio has been shortened to 4.8:1.
It also upgrades the
stock car's mechanically locking differential with an electronically controlled
unit, active damping on the AMG sport suspension layout and a
performance exhaust plus it raises the size of the standard front brake discs from 360 to 390 mm.
He was granted 368,098 sign - on restricted
stock units when he first took the job on September 8, 2015 and the 143,540 restricted
stock units and 143,540
performance - based
stock units granted to him on July 14, 2016.
They provide an easy way for investors to participate in the
performance of the S&P / TSX 60 Index, as each
unit represents an equal beneficial interest in a trust that holds
stocks of companies included in that Index.
This
Unit - Linked product allows you invest in
stocks and equities, and you receive a sizable return based on market
performance.
Awards granted under the 2012 Plan may be in the form of
stock options,
stock appreciation rights, restricted
stock awards,
performance units,
performance shares, or other awards not expressly provided for under the 2012 Plan.
Their duties depend on the size and type of retail
unit they are working for, and usually include: approaching potential customers and identifying their needs, answering to inquiries, updating their knowledge of current titles, monitoring the book market, processing customer orders, collecting payments, maintaining
stocks, negotiating prices with sellers, organizing book events, and evaluating sales
performance.
Delineated tax implications and employer withholding and reporting obligations for
performance share award,
stock options, and restricted
stock unit matrices for 44 countries