«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.
In fiscal 2015, Ms. Bray also received a grant of 456 restricted
stock units having a value of approximately $ 35,000 at the date of grant.
In fiscal 2015, Ms. Salmon also received a grant of 326 restricted
stock units having a value of approximately $ 25,000 at the date of grant.
Each Non-Management Director must own, within five years of his or her initial election or appointment to the Board, an amount of Shares, restricted stock, or
stock units having a value equal to five times the annual retainer component of the Non-Management Director's compensation approved by the Board in the year the director was initially elected or appointed.
Doesn't
the stock unit have some kind of an error anyways (+ - 0.1 bar, for example).
Upon an involuntary termination of Mr. Suh's employment within 12 months after a change in control of LegalZoom, he would have received a cash severance payment equal to one year of base salary and his then - outstanding unvested stock options, restricted stock, stock appreciation rights and
stock units would become fully vested immediately before his termination of employment.
Not exact matches
Nintendo
has been working to get more
units to store shelves, but whenever retailers get new
stock, customers quickly scoop them up.
Sometimes that trouble makes for a grim longer - term outlook: General Electric, for example,
has seen its
stock fall 51 % in the past year, but stalled growth and a tangled web of liabilities from its former GE Capital
unit make it a
stock to be wary of.
By July, they
had shown that they could tap into a sizable market: after just one 10 - minute spot on QVC, the shopping network sold out of its entire
stock of 6,000
units; it took only five more spots for viewers to snap up 20,000 more.
This includes $ 4 million in severance pay, the accelerated
vesting of 5.1 million unvested
stock units (worth about $ 15 million) plus options to buy more, as well as a cash payments of either $ 1 million or the cash bonus he
would have been entitled to in 2015, whichever is less.
Ruckel
would lose $ 19.51 (that's the $ 2.05 per
unit it costs him to
stock at Amazon's warehouse, $ 12.06 in nonrefundable fees for Amazon to process a sale and $ 5.40 in return fees).
The first batch of the $ 80
units quickly sold out, but GameStop and ThinkGeek said Tuesday that they
have received enough new
stock to last through Thursday.
NEW YORK, March 6 - Citadel, one of the world's largest hedge fund managers,
has cut staff by more than 30 percent in one of its
stock - picking
units in what several people with direct knowledge of the layoffs described as a surprise move.
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.
The answer, suggest institutional investors like Mark Wiseman, CEO of the Canadian Pension Plan Investment Board, is to align pay to longer industry and product cycles, and to use restricted
stock units (rather than
stock options) that
vest over time — even after the CEO retires — pushing executives to think seriously about what happens after they're gone.
The
stock has benefited from increases in both tourism and business journeys, and it got an additional jolt this fall when it announced plans to split into three companies, spinning off its timeshare
units and its Park Hotels & Resorts division.
However, recent moves by larger rivals Delta Air Lines Inc and American Airlines Group Inc to match those low prices
have hurt
unit revenue and pushed Spirit's
stock down 46 percent last year.
Exxon
has decided to convert those
stock units to Treasury bills and other cash - like assets, to avoid any conflict of interest that
would come from Tillerson still
having an interest in Exxon
stock.
Rather, the controversy is over the roughly $ 175 million worth of restricted
stock units Tillerson
has that were slated to
vest over the next decade.
As of March 31, 2018, Amarin
had approximately 293.6 million American Depository Shares (ADSs) and ordinary shares outstanding, 32.8 million common share equivalents of Series A Convertible Preferred Shares outstanding and approximately 25.7 million equivalent shares underlying
stock options at a weighted - average exercise price of $ 3.35, as well as 12.4 million equivalent shares underlying restricted or deferred
stock units.
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 study found Airbnb
had removed between 7,000 and 13,500
units of housing
stock from New York City's long - term rental market.
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.
Consists of shares of Class A common
stock to be issued upon exercise of outstanding stock options and vesting of outstanding restricted stock units under the following plans which have been assumed by us in connection with certain of our acquisition transactions: the 2005 Stock Incentive Plan assumed by us in connection with our acquisition of DoubleClick Inc. in March 2008; the 2006 Stock Plan assumed by us in connection with our acquisition of AdMob, Inc. in May 2010; and the Motorola Mobility Holdings, Inc. 2011 Incentive Compensation Plan assumed by us in connection with our acquisition of Motorola Mobility Holdings, Inc. in May
stock to be issued upon exercise of outstanding
stock options and vesting of outstanding restricted stock units under the following plans which have been assumed by us in connection with certain of our acquisition transactions: the 2005 Stock Incentive Plan assumed by us in connection with our acquisition of DoubleClick Inc. in March 2008; the 2006 Stock Plan assumed by us in connection with our acquisition of AdMob, Inc. in May 2010; and the Motorola Mobility Holdings, Inc. 2011 Incentive Compensation Plan assumed by us in connection with our acquisition of Motorola Mobility Holdings, Inc. in May
stock options and
vesting of outstanding restricted
stock units under the following plans which have been assumed by us in connection with certain of our acquisition transactions: the 2005 Stock Incentive Plan assumed by us in connection with our acquisition of DoubleClick Inc. in March 2008; the 2006 Stock Plan assumed by us in connection with our acquisition of AdMob, Inc. in May 2010; and the Motorola Mobility Holdings, Inc. 2011 Incentive Compensation Plan assumed by us in connection with our acquisition of Motorola Mobility Holdings, Inc. in May
stock units under the following plans which
have been assumed by us in connection with certain of our acquisition transactions: the 2005
Stock Incentive Plan assumed by us in connection with our acquisition of DoubleClick Inc. in March 2008; the 2006 Stock Plan assumed by us in connection with our acquisition of AdMob, Inc. in May 2010; and the Motorola Mobility Holdings, Inc. 2011 Incentive Compensation Plan assumed by us in connection with our acquisition of Motorola Mobility Holdings, Inc. in May
Stock Incentive Plan assumed by us in connection with our acquisition of DoubleClick Inc. in March 2008; the 2006
Stock Plan assumed by us in connection with our acquisition of AdMob, Inc. in May 2010; and the Motorola Mobility Holdings, Inc. 2011 Incentive Compensation Plan assumed by us in connection with our acquisition of Motorola Mobility Holdings, Inc. in May
Stock Plan assumed by us in connection with our acquisition of AdMob, Inc. in May 2010; and the Motorola Mobility Holdings, Inc. 2011 Incentive Compensation Plan assumed by us in connection with our acquisition of Motorola Mobility Holdings, Inc. in May 2012.
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.
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.
Sam, great input (as always), posts like this keep me out of thinking about getting residential real estate into my investment portfolio, instead I focus on retail / industrial properties, however I think I could manage few residential
units «on the side», because of lack of diversification I am thinking about buying a triplex at the moment, and I'm convinced that should be the last move and I
would not touch the size of my real estate portfolio afterwards, remaining assets are going straight to
stocks.
Beginning in 2009, it was determined that the regular annual equity award grants to the executive officers
would primarily be in the form of a new type of equity award entitled «outperformance
stock units» (OSUs), rather than
stock options and time -
vested restricted
stock units (RSUs).
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.
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.
To the extent that in 2018 or any later year, the aggregate amount of any covered officer's salary, bonus, and amount realized from option exercises and
vesting of restricted
stock units or other equity awards, and certain other compensation amounts that are recognized as taxable income by the officer exceeds $ 1,000,000 in any year, we will not be entitled to a U.S. federal income tax deduction for the amount over $ 1,000,000 in that year.
(
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.
It does not take into account the shares issuable upon
vesting of outstanding restricted
stock unit awards, which
have no exercise price.
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.
The following benefits are not subject to the HP Severance Policy, either because they
have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the
vesting of
stock options,
stock appreciation rights, restricted
stock, restricted
stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and (
v) benefits and perquisites provided in accordance with the terms of any benefit plan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.
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
Prior to assuming his current role, Mr. Foran received a $ 750,000 special restricted
stock unit award in May 2014,
vesting on the second anniversary of the grant date.
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.
All Outside Directors who
have reached the five - year compliance date own sufficient Shares or deferred
stock units to satisfy this requirement.
The usual high - flying Tesla (Nasdaq: TSLA)
stock has seen a drop of roughly 4.5 % in October after the company announced that it
had produced 260 Model 3s and delivered 220
units in the third quarter â $ «far from Muskâ $ ™ s original guidance of 1,500 Model 3s produced by September.
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.
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.
When a LLC
Unit is exchanged by a Continuing LLC Owner (which we
would generally expect to occur in connection with a sale or other transfer), a corresponding share of Class B common
stock held by the exchanging owner is also exchanged and will be cancelled.
As of September 30, 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.
The agreement also provides for an additional $ 3 billion in restricted
stock units to be granted to WhatsApp's founders and employees that will
vest over four years subsequent to closing.
Cook
would have been entitled to a $ 2.65 quarterly dividend on each of his 1.125 million restricted shares, called restricted
stock units or RSUs.
Kirk Falconer PE Hub — IPO (Canada) Ceridian HCM Holding Inc
has priced its initial public offering of 21 million shares on the New York
Stock Exchange and Toronto
Stock Exchange at US$ 22 per
unit.
Your action means that the
Unit Trust
has grown in size, and the money you put in is used to buy more Tech
Stocks.
Let's say it is 1999, and you
have read about an amazing
Unit Trust specialising in Tech
Stocks.