Sentences with phrase «share their units for»

In connection with Irene Rosenfeld's retirement, the company made her outstanding grants of performance share units for the 2016 - 2018 and 2017 - 2019 performance cycles eligible for continued vesting and paid $ 0.5 million salary for her service as Chairman from January through March 2018.

It is important to note that when executives retire or otherwise leave the company, all unvested performance share units for performance cycles that are still in progress are forfeited, and we do not accelerate the vesting of any performance share units.

Residents will be able to share their units for up to 180 days per year.

Not exact matches

In 1996, Buffett created Class B shares worth 1 / 30th of Class A shares, but with lesser voting rights, to stop fee - hungry managers from creating «unit trusts» that sliced up Class A shares for smaller investors seeking «Berkshire look - alikes.»

-- Sven Rathjen, vice president of marketing, Client Solutions Business Unit for Western Digital, a provider of storage solutions and devices for backup and sharing digital data

Research published in February shows that 2016 was the first year in which the iPhone dropped in the rankings of smartphone sales in China, falling from 15 percent of market share to 11 and selling fewer units even as demand for smartphones grew.

He also served as chief financial officer for the diversified business unit and was responsible for all corporate tax and shared services.

Within days of launching, he and his co-inventor had raised almost half a million dollars, and had orders in hand for 1,000 units, with most of the customers in the fast - growing «maker» sector (groups of people who jointly rent work shops and share tools and equipment).

Airbnb has teamed up with Newgard Development Group to build an apartment complex with 324 units specifically designed for home - sharing.

Sewing, who has experience in risk management and audit and has never worked in the investment bank, is keen to have a roughly balanced revenue share for the bank from its two core units, according to people familiar with this thinking.

Constellation's Mexican - produced beers, which it acquired in a side deal after InBev bought the international assets of Mexican brewer Grupo Modelo for $ 20.1 billion in 2013, are selling well and stealing market share in the U.S. Beer net sales at Constellation jumped 13 % for the first six months of the current fiscal year, while the company's wine and spirits unit — which includes Svedka vodka and Robert Mondavi wine — posted flat sales over the same period.

Exxon created a payout plan in January 2017 for Tillerson, who had led Exxon since 2006 before serving in the Trump administration, to compensate him for more than 2 million unvested shares and stock units while removing any conflicts of interest.

Fox shareholders will receive 0.2745 Disney shares for each unit of Fox stock they own.

The Brussels - based lobbying group also said that the U.S. is the number one destination for EU car exports both in terms of units (approximately a 20 percent share) and value (almost a 30 percent share).

The company shipped 4.4 million units in the second quarter, 800,000 units ahead of Fitbit's closest competitor, Apple Watch, for market share dominance among wearables.

The sales process, according to the press release, started in November when Citrix created a wholly owned subsidiary called GetGo for its conferencing business and distributed shares of that unit to Citrix shareholders.

On April 24, 2018, the RBI Board of Directors declared a dividend of $ 0.45 per common share and partnership exchangeable unit of Restaurant Brands International Limited Partnership for the second quarter of 2018.

On a per share basis, CREIT unitholders are being offered $ 53.75 in cash or 4.2835 Choice Properties units for each CREIT unit held, subject to the overall cash and equity maximums.

Another strategy for collaboration involves creating peer - to - peer mentorships that pair people from different business units to share their thinking about new ideas and resources.

There were also employee share options outstanding to purchase up to an additional 3.4 million shares, at a weighted average exercise price of $ 31.37 per share, 0.8 million of which were fully vested; equity - settled share appreciation rights (SARs) for 0.2 million shares, at a weighted average measurement price of $ 32.18, all of which, excluding SARs for approximately 1,000 shares, were fully vested; and restricted share units (RSUs) covering 13.0 million shares, of which RSUs to acquire 4.3 million shares were fully vested.

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.

No shares or units in these products or funds may be offered or sold to residents of the United States of America or in any other country, state or jurisdiction where it would be unlawful to offer, solicit an offer for or sell such shares or units.

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.

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.

Within franchise systems, the knowledge sharing that occurs between each owner sets the stage for best practices to be implemented in every unit.

«Total CEO realized compensation» for a given year is defined as (i) Mr. Musk's salary, cash bonuses, non-equity incentive plan compensation and all other compensation as reported in «Executive Compensation — Summary Compensation Table» below, plus (ii) with respect to any stock option exercised by Mr. Musk in such year in connection with which shares of stock were also sold other than to satisfy the resulting tax liability, if any, the difference between the market price of Tesla common stock at the time of exercise on the exercise date and the exercise price of the option, plus (iii) with respect to any restricted stock unit vested by Mr. Musk in such year in connection with which shares of stock were also sold other than automatic sales to satisfy the Company's withholding obligations related to the vesting of such restricted stock unit, if any, the market price of Tesla common stock at the time of vesting, plus (iv) any cash actually received by Mr. Musk in respect of any shares sold to cover tax liabilities as described in (ii) and (iii) above, following the payment of such amounts.

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.

Nearly 72 % of compensation for 2015 of the named executive officers was in the form of long - term incentive, which is 100 % performance based and delivered through Performance Share Units (PSUs).

Subscriptions for shares or units in any Franklin Templeton Investments product or fund can be made only on the basis of the current brochure and prospectus (or other offering document) for that product or fund which more fully describes the investment risks.

BEIJING — Beijing - based ride - hailing firm Didi Chuxing said Monday it will acquire Uber's Chinese business unit in a deal that could be worth up to $ 35 billion and will effectively halt a fierce battle for market share in the world's second biggest economy.

Accordingly, the voting power afforded to the Continuing LLC Owners through their shares of Class B common stock is automatically and correspondingly reduced as they exchange LLC Units for shares of Class A common stock pursuant to the Exchange Agreement described below.

As of March 31, 2014, we had outstanding options to purchase an aggregate of LLC Units that are exchangeable on a one - for - one basis for shares of our Class A common stock and LLC Units issuable upon the vesting of RSUs that are exchangeable on a one - for - one basis for shares of our Class A common stock issuable upon the vesting of RSUs.

Accordingly, the voting power afforded to the Continuing LLC Owners by their shares of Class B common stock is automatically and correspondingly reduced as they exchange LLC Units and Class B common stock for shares of the our Class A common stock pursuant to the Exchange Agreement.

The sales goals for our performance share unit program are expressed in terms of a percentage increase or decrease as compared to our prior fiscal year performance.

Investors in the parent company Brookfield Asset Management (myself included) were informed on May 16, 2016 that they would be receiving 1 unit of BBP for every 50 shares of BAM.A — for investors with odd lots, cash dividends would be received in lieu of fractional ownership.

For fiscal 2015, the threshold, target, and maximum performance goals under our performance share unit program, and our actual performance, are shown in the following table:

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).

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.

BYD Electric (285) the unit which makes parts for handsets, has seen its shares rally about 54 % since the acquisition, but are down 80 % from highs since listing last December.

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 ConShare, 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 ConShare 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 Conshare consideration received by holders of Common Stock in the Change in Control.

With our same - restaurant sales assumptions, new unit — our new restaurant unit growth plans and cost expectations, we anticipate that reported diluted net earnings per share growth from continuing operations for fiscal 2013 will be between 8 % and 12 % compared to our reported diluted net earnings per share from continuing operations of $ 3.58 in fiscal 2012.

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.

The Company is reducing these annual limits to 1,000,000 shares in the 2014 Plan (counting the shares for stock grants and restricted stock units on a 1 - for - 1 basis for this purpose).

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.

The 2003 Plan currently limits the number of options and stock appreciation rights that may be granted to any individual during a fiscal year to 15,000,000 shares, and it limits the number of stock grants and restricted stock units that may be granted to any individual during a fiscal year to 5,000,000 shares (counting the shares on a 1 - for - 1 basis for this purpose).

The following table shows the total number of shares of the Company's common stock that were subject to outstanding restricted stock unit awards granted under the 2003 Plan, that were subject to outstanding stock options granted under the 2003 Plan, and that were then available for new award grants under the 2003 Plan as of September 28, 2013 and as of November 11, 2013.

No Participant shall receive Stock Grants or Restricted Stock Units during any Fiscal Year covering, in the aggregate, in excess of 1,000,000 Shares (for this purpose, counting such Shares on a 1 - for - 1 basis), subject to adjustment pursuant to Section 11.

For example, if a 100 share restricted stock unit award is made under the 2014 Plan, the award would count as 200 shares against the 2014 Plan's share limit after giving effect to the 2:1 premium share counting rule.

For example, if 100 shares are issued with respect to a restricted stock unit award granted under the 2014 Plan, 200 shares will be counted against the 2014 Plan's aggregate share limit in connection with that award.