Sentences with phrase «stock ownership guidelines»

We believe our stock ownership guidelines strike the right balance between ensuring that our executives own significant amounts of HP stock while allowing them the flexibility to effectively manage their personal financial affairs.

Under the Stock Ownership Guidelines, our named executive officers must own the following number of shares of Oracle common stock by 2016:

Other specific duties and responsibilities of the HR and Compensation Committee include reviewing senior management selection and overseeing succession planning, including reviewing the leadership development process; reviewing and approving objectives relevant to executive officer compensation and evaluating performance and determining the compensation of executive officers in accordance with those objectives; approving severance arrangements and other applicable agreements for executive officers; overseeing HP's equity and incentive compensation plans; overseeing non-equity-based benefit plans and approving any changes to such plans involving a material financial commitment by HP; monitoring workforce management programs; establishing compensation policies and practices for service on the Board and its committees, including annually reviewing the appropriate level of director compensation and recommending to the Board any changes to that compensation; developing stock ownership guidelines for directors and executive officers and monitoring compliance with such guidelines; and annually evaluating its performance and its charter.

Our Stock Ownership Guidelines require significant ownership of Oracle stock by our executive officers.

The Board recommends a vote AGAINST a stockholder proposal seeking to have us adopt a policy requiring that senior executives retain a significant percentage of stock acquired through equity pay programs until reaching retirement age because our existing stock ownership guidelines and other compensation policies already effectively facilitate significant stock ownership by our executives, and establishing holding requirements based on a particular retirement age would not be in the best interests of our stockholders.

All non-employee directors with more than five years of service have met HP's stock ownership guidelines.

Under HP's stock ownership guidelines, non-employee directors are required to accumulate within five years of election to the Board shares of HP common stock equal in value to at least five times the amount of their annual cash retainer.

Accordingly, we believe that our stock ownership guidelines have effectively promoted significant stock ownership by our senior executives.

For the foregoing reasons, the Board believes that HP's existing stock ownership guidelines and other compensation policies effectively facilitate significant stock ownership by HP executives and that establishing additional holding requirements would not be in the best interests of HP stockholders.

The purpose of the Stock Ownership Guidelines is to more closely align the interests of our executive officers with the interests of our other stockholders through good and bad economic times.

If at the Date of Exercise, Participant is not in compliance with the Company's minimum stock ownership guidelines then in effect for Participant's job grade or classification, if any, Participant will not be entitled to exercise the Option using a «cashless exercise program» of the Company (if then in effect), unless the net proceeds received by Participant from that exercise consist only of Shares and Participant agrees to hold all those Shares for at least one year.

What's the latest on board stock ownership guidelines?

HP Co.'s stock ownership guidelines are designed to increase executives» equity stakes in HP Co. and to align executives» interests more closely with those of HP Co.'s stockholders.

Each of the Company's directors has satisfied the stock ownership guidelines.

Under the Company's stock ownership guidelines, Mr. Cook is expected to own shares of Company common stock that have a value equal to ten times his base salary.

the Company's stock ownership guidelines, which require all executive officers to retain 50 % of their after - tax profit shares upon exercise of options and 50 % of after - tax shares upon vesting of Performance Share Awards or RSRs for a period of one year following retirement.

We have not implemented stock ownership guidelines for our NEOs given the limited market for our securities.

adopting and monitoring compliance with stock ownership guidelines and policies for directors and executive officers;

To further enhance the link between named executive officers» and shareholders» interests, the Company implemented stock ownership guidelines for named executive officers to supplement the guidelines that were implemented for Mr. Cook in November 2012.

Ms. Lesjak is the only NEO who has been in a role covered by the HP Co. stock ownership guidelines for over five years and she is in compliance with the stock ownership guidelines.

• HP Co. maintains stock ownership guidelines for executive officers and non-employee directors

As explained in the CD&A above, Walmart's stock ownership guidelines require that our CEO maintain beneficial ownership of unrestricted Walmart stock equal in market value to five times his current annual base salary and that all of our Executive Officers and certain other officers must maintain beneficial ownership of unrestricted Walmart stock equal in market value to three times his or her current annual base salary.

Due to their recent promotions, Mr. Cheesewright and Mr. Foran have not yet reached their required compliance dates under our stock ownership guidelines.

It is our belief that equity compensation, combined with stock ownership guidelines, helps to align the perspectives of NEOs with stockholder interests.

Robust stock ownership guidelines serve to align the interests of our executives with the interests of our shareholders.

In February 2008, we amended our stock ownership guidelines to increase the stock ownership requirement for non-employee directors to 15,000 shares.

In June 2013, our Board strengthened the stock ownership guidelines applicable to our CEO and senior officers, as follows:

The CEO and other senior officers must satisfy these stock ownership guidelines no later than the fifth anniversary of his or her appointment to a position covered by the stock ownership guidelines.

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.

Currently, each of our NEOs is in compliance with our stock ownership guidelines, as illustrated by the following graph:

The following graph clearly illustrates that all of our NEOs currently subject to the requirements of the stock ownership guidelines well exceed the minimum stock ownership requirements applicable to them:

During the past decade, the prevalence and importance of stock ownership guidelines has increased significantly for the S&P 500 companies.

The purpose of the stock ownership guidelines is to strengthen the alignment of NEO interests with stockholder interests and to increase visibility of NEO stock ownership.

Any Walmart Shares pledged will not be counted when determining whether the director or Executive Officer is in compliance with our stock ownership guidelines.

In October 2009, we amended our stock ownership guidelines to increase the stock ownership for the Chairman of the Board to 37,500 shares.

We have adopted robust stock ownership guidelines and other governance policies to ensure that our CEO, Executive Officers, and certain other officers are focused on Walmart's long - term success and that their interests are aligned with those of our shareholders.

Under our stock ownership guidelines, each non-employee director was required to acquire and hold, within five years of the establishment of the stock ownership guidelines in 2004, or being elected to the Board, 50 % of the number of shares that constituted their annual grant of stock options following re-election, or 12,500 shares.

Directors and Executive Officers are prohibited from pledging Shares for non-margin loans without the pre-approval of Walmart's Corporate Secretary, and any pledged Shares are not considered in determining whether directors or Executive Officers have satisfied our stock ownership guidelines.

These officers have five years from their appointment to a position covered by our stock ownership guidelines to achieve these levels of ownership.

Our senior executives have been subject to stock ownership guidelines since 2003.

Ms. Brewer is not included in the graph above because she has not yet reached the required compliance date applicable to the stock ownership guidelines.

The company considers any stock held without restrictions, unvested restricted stock units and PRSUs, vested but unexercised in - the - money stock options, deferred compensation that will settle in common stock and common stock held under the company's 401 (k) plan in determining whether the stock ownership guidelines have been met.

All current named executive officers have met the stock ownership guidelines as of the end of fiscal year 2017.

based in part on their business line performance, and thus presented the potential for excessive risk taking, the HRC concluded that the emphasis on overall Company performance in compensation decisions, the existence of robust compliance, internal control, disclosure review and reporting programs and clawback policies, the Code of Ethics prohibition on, and right to discipline employees for manipulating business goals for compensation purposes and its prohibitions on derivative and hedging transactions in Company common stock, and the Company's stock ownership guidelines provided adequate safeguards that would either prevent or discourage excessive risk taking.

monitoring workforce management programs; establishing compensation policies and practices for service on the Board and its committees, including annually reviewing the appropriate level of director compensation and recommending to the Board any changes to that compensation; developing stock ownership guidelines for directors and executive officers and monitoring compliance with such guidelines; and annually evaluating its performance and its charter.

· Our stock ownership guidelines require that the Chairman and CEO and each Senior Executive hold a significant amount of IBM equity to further align their interests with stockholders over the long term.

The Guidelines also include stock ownership guidelines for our executive officers, including our NEOs.

In addition, the Committee monitors compliance of stock ownership guidelines.

Require named executive officers to own Apple stock through published stock ownership guidelines

All of our named executive officers and directors either met the applicable minimum stock ownership guidelines as of December 31, 2014 or were within the time period noted above to come into compliance with these requirements.