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).
Percentage
of companies surveyed that had failed to — document the fair
value of recent
stock options
awarded to investors or employees 53 %
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.
«According to the filing, Armstrong will receive a «Founders» Incentive
Award»
of restricted
stock units with a
value equivalent to 1.5 %
of AOL's market
value when the merger is consummated.
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 inv
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 inv
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 inv
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
A
stock appreciation right entitles a participant to receive a payment, in cash, common
stock, or a combination
of both, in an amount equal to the difference between the fair market
value of the
stock at the time
of exercise and the exercise price
of the
award, which may not be lower than the fair market
value of the Company's common
stock on the day
of grant.
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.
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.
A
stock appreciation right gives a participant the right to receive the appreciation in the fair market value of Company Common Stock between the date of grant of the award and the date of its exer
stock appreciation right gives a participant the right to receive the appreciation in the fair market
value of Company Common
Stock between the date of grant of the award and the date of its exer
Stock between the date
of grant
of the
award and the date
of its exercise.
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.
After reviewing the revised peer group director compensation data in June 2009, the committee 1) set pay for the new non-executive Chairman
of the Board, 2) increased the
value of the annual equity
award from $ 145,000 to $ 175,000, since the previous level
of compensation was deemed below the market median, and 3) changed the equity grant vehicle from 100 % restricted
stock units (RSUs) to 50 % RSUs and 50 % outperformance
stock units (OSUs) in order to more closely align with the equity package that Intel executives receive.
(8) Amounts in this column reflect the total
of the following columns: Salary, Bonus,
Stock Awards, Option
Awards, Non-Equity Incentive Plan Compensation, Change in Retention Plan
Value, Change in Pension
Value, Nonqualified Deferred Compensation Earnings and All Other Compensation.
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.
As discussed in the CD&A under «Compensation Components» and «Achieving Compensation Objectives — Pay for Performance,» we have provided incentive compensation in the form
of an annual cash incentive
award based on Company, business line and individual qualitative performance results for each fiscal year, and long - term incentive compensation generally in the form
of stock option grants and, in certain circumstances, RSRs to reward our SEOs for contribution to growth in long - term stockholder
value.
As described above, a portion
of an executive's target long - term incentive amount is delivered in the form
of PRUs, and the remaining
value is
awarded in grants
of time - based restricted
stock units.
The Company recognizes compensation expense equal to the grant date fair
value of the common
stock on a straight - line basis over the period during which the employee is required to perform service in exchange for the
award.
One - half
of the
value of the long - term incentive
award is
awarded in the form
of stock options.
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.
The 2004 Plan permits the grant
of the following types
of Awards: (1) nonstatutory stock options, incentive stock options and stock appreciation rights granted at the fair market value of our common stock on the date of grant (Fair Market Value Awards), and (2) restricted stock awards and restricted stock units (Full Value Aw
Awards: (1) nonstatutory
stock options, incentive
stock options and
stock appreciation rights granted at the fair market
value of our common stock on the date of grant (Fair Market Value Awards), and (2) restricted stock awards and restricted stock units (Full Value Awa
value of our common
stock on the date
of grant (Fair Market
Value Awards), and (2) restricted stock awards and restricted stock units (Full Value Awa
Value Awards), and (2) restricted stock awards and restricted stock units (Full Value Aw
Awards), and (2) restricted
stock awards and restricted stock units (Full Value Aw
awards and restricted
stock units (Full
Value Awa
Value AwardsAwards).
The fair
value of the common
stock underlying the
stock - based
awards is determined by our board
of directors, which considered numerous objective and subjective factors to determine the fair
value of common
stock at each grant date.
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.
When the
stock price plummets because your company underperforms, and you subsequently feel you have to grant a lot more to remain competitive, and then your
stock price recovers, your CEO will end up with a lot more
award value than the CEO
of a competitor whose firm's
stock price dropped much less, before also recovering.
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
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.
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.
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 s
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 s
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 s
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 s
stock appreciation rights, restricted
stock, awards of shares, RSUs and other awards that are valued in whole or in part by reference to our s
stock,
awards of shares, RSUs and other
awards that are
valued in whole or in part by reference to our
stockstock.
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.
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.
Effective January 1, 2011, upon the recommendation
of the GNC, the Board increased to $ 25,000 the annual fee paid to the chair
of each standing Board committee other than the AEC, which remained at $ 30,000; set at $ 25,000 the annual fee paid to the chairs
of the CRC and Risk Committee, which were formed effective January 1, 2011; eliminated the annual
stock option grant; and increased the
value of the annual
stock award to $ 140,000.
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.
Cash will again be king as the market will more narrowly focus on
awarding value only to the
stocks that can generate cash flows in excess
of what their current
stock valuation implies.
As surveillance over executive compensation escalates, Bloomberg reported that Six Flags Entertainment Corp (NYSE: SIX) and Tempur Sealy International Inc (NYSE: TPX) have «
awarded millions
of dollars in
stock to top bosses and given the equity a unique
value: zero.»
These
stock awards are not given based on any specific formula but rather by a process under the discretion
of the compensation committee that involves examining the expected
stock price and projecting a
value similar to competitors» compensation.
(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»).
The total
value of prizes
awarded in 2017 was over $ 90,000 in - camera packages, film
stock, production services, and software.
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
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
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
stock over a set period
of time.
Includes each week the current list
of stocks selected using the method described in Charles Kirkpatrick's 2001 Dow
Award article «
Stock Selection: A test of relative stock values reported over 17.5 years.&r
Stock Selection: A test
of relative
stock values reported over 17.5 years.&r
stock values reported over 17.5 years.»
By comparison, no
value stock funds made the winners» list this year, and the number
of award - winning blend funds that have both growth and
value components got cut in half to just 11.
Key input assumptions used to estimate the fair
value of stock options include the exercise price
of the
award, the expected option term, the expected volatility
of the Company's
stock over the option's expected term, the risk - free interest rate over the option's expected term, and the Company's expected annual dividend yield.
Johny Srouji may only have been an Apple Senior Vice President for a hot minute, but already he's reaping the benefits
of his new position — courtesy
of the festive
awarding of restricted
stock units currently
valued at $ 9.6 million, plus common
stock holdings worth $ 10.9 million.
The
awards focus on property fundamentals and give a fair evaluation
of the quality
of stock, asset selection and management performance and reflect the underlying
value of a property portfolio.