The table below shows 2017 pay mix details, including salaries and the fair
value of equity awards made in 2017.
Not exact matches
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
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.
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.
This compensation data was ranked within the Labor Market Peer Group by the aggregate amount
of annual salary, annual target and actual incentive
awards, plus the annualized grant date
value of long - term cash and
equity compensation.
(2) Reflects 2015 Merger - related adjustments including the change to align Kraft to Kraft Heinz's accounting policy for postemployment benefit plans; incremental amortization resulting from the fair
value adjustment
of Kraft's definite - lived intangible assets; incremental compensation expense due to the fair
value remeasurement
of certain
of Kraft's
equity awards; and, certain deal costs related to the 2015 Merger.
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.
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.
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.
For each position, this compensation data was ranked within the Labor Market Peer Group by the aggregate amount
of annual salary, annual target and actual incentive
awards, plus the annualized grant date
value of long - term cash and
equity compensation.
In determining the size
of equity grants to our executives, our compensation committee has historically considered our corporate performance, the applicable executive's performance and potential for enhancing the creation
of value for our stockholders, the amount
of equity previously
awarded to the executive and the vesting
of such
awards, the executive's position and, in the case
of awards to executive officers other than our chief
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.
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.»
Harrison thus forfeited all benefits and perquisites he was entitled to receive from CP, including his pension, and has agreed to surrender for cancellation almost all
of his vested and unvested
equity awards, this whole package
valued at approximately C$ 118 million.
While the Compensation Committee considers short - term performance - based cash bonuses to be a less significant compensation tool than
equity awards in terms
of driving long - term stockholder
value, the Committee believes they play an important role in