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.
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34 hoai (2nd stage) adjusted performance shares wg.
The participants may be allocated a number of shares in Orphazyme (performance shares) at a price per performance share of DKK1 at the end of a vesting period of up to four years from the date of grant (the performance shares holding period).
Provided that certain performance targets are met or exceeded, participants in LTI 2019 shall be given the opportunity to receive ordinary shares in the company free-of-charge (performance shares).
Short- and long-term incentives grew by 7.5% in 2018, with long-term incentive (LTI) use reflecting the trend toward more performance shares and 4 fewer stock options.
Renault will drop roughly 460,000 performance shares attributed to Ghosn, worth EUR26M, under proposals backed by the French government and the board is also likely to scrap a two-year non-compete clause worth EUR4M-EUR5M to Ghosn, who was ousted after his arrest in Japan for alleged financial misconduct at Nissan (NSANY).
Additionally, the filings indicate that the McLean, Va.-based company has moved all of its top executives away from stock options as part of their incentive plans to "performance shares," which would vest three years after they'd been granted.
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 $0.0002 per Class B Performance Share.
Wells Fargo & Co (NYSE: WFC) has said that its board of directors has awarded chief executive John Stumpf about USD12m in performance shares as part of this year's compensation.
In the UK and Ireland, the use of performance shares has increased, from 70 per cent of companies three years ago to 84 per cent now.
This programme includes a potential grant of up to 120.386 performance shares to the company's executive management and up to 355.150 performance shares to key employees.
Nokia uses Performance Shares as the main long-term incentive instrument for executives and other eligible employees with the intention to effectively contribute to the long-term value creation and sustainability of the company and to align interests of the executives and employees with those of Nokia's shareholders.
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