Performance shares

Performance shares

Shares of stock paid out to managers only if the company makes certain sales, earnings per share, or other similar criteria.
References in periodicals archive ?
In terms of the rules of the Company's LTIP, participants were allocated performance shares in 2015.
Performance shares, used by 41% of S&P 500 companies in 2011, became a majority practice in 2013 used by 51% of companies surveyed.
The actual number of performance shares which Directors could finally receive under the plan ranges from nil to two times the conditional award, subject to the performance of the Company over a period of three years.
Pursuant to their terms and conditions, 2,500,000 Class B Performance Shares in the Company have been automatically redeemed by the Company for the sum of $0.
9 million of the 1996 loss stemmed from a one-time charge related to earn-outs on so-called performance shares.
Before the number of performance shares to be matched is finally determined, the Board of Directors shall examine whether the performance matching is reasonable considering the Company's financial results and position, conditions on the stock market and other circumstances, and if not, as determined by the Board of Directors, reduce the number of performance shares to be matched to the lower number of shares deemed appropriate by the Board of Directors.
to acquire 6,201 performance shares awarded at nil cost in March 2011
The new share based incentive programme will be based on restricted performance shares instead of share options which were used in previous programmes.
In response to growing interest in the role performance shares can play in a company's executive compensation strategy, author and executive financial coach Chuck Steege just completed and released his definitive report: Five Reasons to Like Performance Shares (and One Reason to Think Twice).
been awarded Nil cost performance shares over 29,321 ordinary shares of
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