At the end of last year, Broussard held unvested
share awards valued at around $ 12.8 million, which have since increased in value as Humana's share price has climbed 18 percent.
Not exact matches
If Mr. Musk were somehow to increase the
value of Tesla to $ 650 billion — a figure many experts would contend is laughably impossible and would make Tesla one of the five largest companies in the United States, based on current valuations — his stock
award could be worth as much as $ 55 billion (assuming the company does not issue any more
shares over the next decade, which is unrealistic).
When
shares of Capital Stock are to be issued upon the exercise, grant or vesting of an Incentive
Award, Google shall have the authority to withhold a number of such
shares having a Fair Market
Value at the date of the applicable taxable event determined by the Committee to be sufficient to satisfy the minimum federal, state and local withholding tax requirements, if any, attributable to such exercise, grant or vesting but not greater than the minimum withholding obligations, as determined by Google in its sole discretion.
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 invested
Upon exercise of a stock appreciation right, the holder of the
award will be entitled to receive an amount determined by multiplying (i) the difference between the fair market
value of a
Share on the date of exercise over the exercise price by (ii) the number of exercised
Shares.
Because it is paid in
shares, the
value of the
award is also impacted by the
share price.
However, we show in column (e) of the Summary Compensation Table the
awards of RSRs to John G. Stumpf and Howard I. Atkins in 2002 and 2001, respectively, and for Mr. Stumpf, whose RSR
award vested in full in 2007, the number of
shares and
value he acquired in columns (d) and (e) of the «Option Exercises and Stock Vested» table.
In August 2012, to create incentives for continued long - term success from the then - recently launched Model S program as well as from Tesla's then - planned Model X and Model 3 programs, and to further align executive compensation with increases in stockholder
value, the Board granted to Mr. Musk a stock option
award to purchase 5,274,901 shares of Tesla's common stock (the «2012 CEO Performance Award»), representing 5 % of Tesla's total issued and outstanding shares at the time of g
award to purchase 5,274,901
shares of Tesla's common stock (the «2012 CEO Performance
Award»), representing 5 % of Tesla's total issued and outstanding shares at the time of g
Award»), representing 5 % of Tesla's total issued and outstanding
shares at the time of grant.
Shares underlying stock options and stock appreciation rights that so become available being credited to the 2013 Plan
share reserve on a one - for - one basis, and
Shares subject to other types of equity
awards (i.e., full
value awards), being credited to the 2013 Plan
share reserve on a 2.15 - for - one basis; provided, however, that no more than 54,332,000
Shares may be added to the 2013 Plan pursuant to this provision.
We provide information below about (1) the circumstances under which these options and stock
awards vest upon termination of employment or the occurrence of certain acquisitions, and (2) the hypothetical
value each such named executive would have received, if any, upon the vesting of any of these option or stock
awards as of that date under those circumstances, assuming each named executive's employment with the Company had terminated or the acquisition had been consummated as of December 31, 2009 and based on an NYSE closing price per
share of our common stock on that date of $ 26.99.
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.
We provide information below about (1) the circumstances under which the vesting of these options and stock
awards would accelerate upon termination of employment or the consummation of an «acquisition transaction» (as defined below) and (2) the hypothetical
value each such named executive would have received, if any, upon the vesting of any of these option or stock
awards as of that date under those circumstances, assuming each named executive's employment with the Company had terminated or the acquisition had been consummated as of December 31, 2011 and based on an NYSE closing price per
share of our common stock of $ 27.56 on December 30, 2011, the last trading date in 2011.
on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding
shares of convertible preferred stock other than Series FP preferred stock into
shares of Class B common stock and the conversion of Series FP preferred stock into
shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per
share, which is the fair
value of our common stock as of December 31, 2016, as we intend to issue
shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million
shares of Class A common stock and 5.5 million
shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO
award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
In addition to the non-employee director compensation policy, in connection with this offering, we adopted a director stock ownership policy encouraging non-employee directors to hold
shares of our Class A common stock with a
value equal to at least one times the fair
value of the director's annual equity
award.
The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding
shares of convertible preferred stock other than Series FP preferred stock into
shares of Class B common stock and the conversion of Series FP preferred stock into
shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per
share, which is the fair
value of our common stock as of December 31, 2016, as we intend to issue
shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million
shares of Class A common stock and 5.5 million
shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO
award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
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
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
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
share consideration received by holders of Common Stock in the Change in Control.
In addition to the non-employee director compensation policy, we intend to adopt a director stock ownership policy encouraging non-employee directors to hold
shares of our Class A common stock with a
value equal to at least one times the fair
value of the director's annual equity
award.
Subject to the provisions of our 2010 Plan, the administrator determines the terms of stock appreciation rights, including when such rights vest and become exercisable and whether to settle such
awards in cash or with
shares of our common stock, or a combination thereof, except that the per
share exercise price for the
shares to be issued pursuant to the exercise of a stock appreciation right will be no less than 100 % of the fair market
value per
share on the date of grant.
Tillerson was paid $ 27.3 million in salary, bonus, stock
awards and other compensation in 2015; his 2.6 million
shares of Exxon common stock had a
value of about $ 228 million as of early December.
Conversely, absent the tax payment, the number of
shares received in each
award would be larger by an amount equal in
value to the forgone tax payment, thereby having a dilutive effect on our shareowners» equity interest in FedEx.
FedEx determines the total target
value of the
award and provides that
value in two components: restricted
shares and cash payment of taxes due.
The 2005 Stock Plan provides for the grant of non-qualified stock options, stock appreciation rights, limited stock appreciation rights, restricted stock,
awards of
shares, RSUs and other
awards that are
valued in whole or in part by reference to our stock.
When granting restricted stock, FedEx first determines the total target
value of the
award and then approves the delivery of that
value in two components: restricted
shares and cash payment of taxes due.
A DBSP
Award will be granted over such number of shares as have at the grant date a market value, as determined by our board of directors, equal to the deferred bonus (the amount of bonus which is to be delivered in the form of a conditional award or a nil - cost opt
Award will be granted over such number of
shares as have at the grant date a market
value, as determined by our board of directors, equal to the deferred bonus (the amount of bonus which is to be delivered in the form of a conditional
award or a nil - cost opt
award or a nil - cost option).
The dollar
values of the long - term compensation targets were then converted to
shares of Company common stock using the stock price on the date of grant for the Performance
Share awards.
The HRC also considered each of the named executive's base salary and annual incentive compensation target in connection with the
value of the Performance
Share awards to set total fixed and target variable compensation for the named executives between the estimated median and 75th percentile of the Labor Market Peer Group.
Absent the tax payment, the number of
shares received in each
award would be larger by an amount equal in
value to the forgone tax payment, thereby having a dilutive effect on our stockholders» equity interest in FedEx.
When granting restricted stock, the Compensation Committee first determines the total target
value of the
award and then approves the delivery of that
value in two components: restricted
shares and cash payment of taxes due.
We provide information below about (1) the circumstances under which the vesting of these options and stock
awards would accelerate upon termination of employment or the consummation of an «acquisition transaction» (as defined below) and (2) the hypothetical
value each such named executive would have received, if any, upon the vesting of any of these option or stock
awards as of that date under those circumstances, assuming each named executive's employment with the Company had terminated or the acquisition had been consummated as of December 31, 2010 and based on an NYSE closing price per
share of our common stock on that date of $ 30.99.
This measure of dilution (which we refer to as «full -
share equivalent grants») is calculated as -LSB--LRB-(net options granted / full -
value grant multiplier) + net full -
value awards granted) /
shares outstanding at fiscal year end].
For full
value awards, we use the average of the company's closing
share price over the last four quarters.
Full -
share equivalent grants are calculated as -LSB-(net options granted / full -
value grant multiplier) + net full -
value awards granted].
Therefore, as noted previously, if stockholders approved the Newly Amended Plan and all of 172,500,000 additional
shares are issued as full -
value awards, the total number of
shares issued under the Newly Amended Plan would be 74,353,449.
Shares issued in respect of any other
award (not a Full - Value Award) shall be counted against the share limit as one s
award (not a Full -
Value Award) shall be counted against the share limit as one s
Award) shall be counted against the
share limit as one
share.
(gg) «Stock Appreciation Right» or «SAR» means a right granted under Section 8 which entitles the recipient to receive an amount equal to the excess of the Fair Market
Value of a
Share on the date of exercise of the Stock Appreciation Right over the exercise price thereof on such terms and conditions as are specified in the agreement or other documents evidencing the
Award (the «SAR Agreement»).
Reflecting on their participation in the
awards process, the judges were captured on video in this final of a six - part series on packaging trends, discussing the importance of fostering packaging innovation,
sharing knowledge across the globe, and contemplating how and where advancements in packaging add
value.
The company's chief executive officer, Juergen B. Steinemann, states, «We are honoured to receive such a prestigious
award from an organisation that
shares many of the same
values as Barry Callebaut.
Someone who
values what ever life
awards me with, the good the better and or the greatest moments I shall receive, it seems like an amazing way to learn, achieve,
share, respect, enjoy, etc...
The
share awarded to
value - added was the largest of any evaluation system in the nation, and at the top end of what the Bill & Melinda Gates Foundation's Measures of Effective Teaching (MET) Project research had recommended.
NAESP and Crayola have
awarded 20 NAESP members with grants
valued at $ 3,500 to help principals implement and document innovative arts - education projects at their schools and
share best practices for arts education with fellow educators.
Sarah Brody Shulkind, the 2008 NASSP Middle Level Dissertation
Award winner,
shares the findings of her research and underscores how much students
value advisories — even when advisors themselves might not see the
value.
IDRA Coca - Cola
Valued Youth Program Tutors
Share Stories of the Program's Impact on Their Lives Six Young Tutors Win 2017 National Essay Contest
Awards The winners are... First Place High School Winner — Ana Luisa Valenzuela, 12th Grade, Odessa High...
In this guest post, author and marketer Sarah Bolme
shares the
value she finds in book
awards and how to make them work for you and your books!
an
award that provides the holder with the ability to profit from the appreciation in
value of a set number of
shares of company stock over a set period of time
Van Biema, who happens to be an
award - winning hedge fund manager and author of Concentrated Investing: Strategies of the World's Greatest
Value Investors, shared his thoughts with a Toronto audience in 2017 on what it takes to be a successful value inve
Value Investors,
shared his thoughts with a Toronto audience in 2017 on what it takes to be a successful
value inve
value investor.
Stock appreciation rights An
award that allows the holder to profit from the appreciation in
value of a set number of
shares of company stock over a set period of time.
I don't see any reason to quibble; the majority of the
value is in the
award from the state (about $ 109 a
share) with the balance being the real estate assets (medical buildings on LI and elsewhere) purchased with the state's 2006 payment offset by some long term debt.
This should result in a book
value of approximately $ 120 per
share once the
award is paid.
Galaxy advises several funds, including Galaxy China Deep
Value Fund and Galaxy China Special Situations Fund SPC.. They subscribed for
shares in Inno - Tech on 13 - Jan - 2010, and on the same day Galaxy Capital Ltd (now known as Odysseus Capital Asia Ltd), also then owned by Joe Chan, was
awarded a consultancy contract whereby it would receive 10.74 % of Inno - Tech if it introduced an acquisition of at least HK$ 500m, as detailed here.
Buying or
sharing points is not the best
value proposition, but when an airline offers to throw in some bonus miles, it could make sense if you're close to having enough miles to spend on an
award ticket.