18-400D 18-400D . . . Share Appreciation Rights Plan under which stock option committee determines to whom units are awarded, number of units to be awarded and terms of such units. On grant date, committee assigns each unit a base value which cannot be less than market value of share of common stock on that date. Each award becomes exercisable with respect to 25% of units awarded on each of first four anniversaries of grant date, provided grantee has been continually employed full-time by corporation or subsidiary. Units may be exercised, to extent vested, at any time until five years after grant date. Upon exercise of vested units, grantee is entitled to receive net appreciation of such units in cash or in shares of common stock, as determined by committee
West Virginia Share Appreciation Rights Plan with amendment
Category:
State:
Multi-State
Control #:
US-CC-18-400D
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Share Appreciation Rights Plan With Amendment?
If you need to complete, down load, or print out authorized papers layouts, use US Legal Forms, the biggest assortment of authorized types, that can be found online. Utilize the site`s simple and practical look for to discover the paperwork you will need. A variety of layouts for enterprise and person reasons are sorted by groups and says, or search phrases. Use US Legal Forms to discover the West Virginia Share Appreciation Rights Plan with amendment within a couple of clicks.
If you are already a US Legal Forms client, log in in your account and click on the Acquire button to get the West Virginia Share Appreciation Rights Plan with amendment. Also you can gain access to types you in the past acquired within the My Forms tab of your account.
If you are using US Legal Forms the first time, follow the instructions below:
- Step 1. Ensure you have selected the form for that appropriate metropolis/land.
- Step 2. Use the Preview solution to examine the form`s information. Never forget to read through the outline.
- Step 3. If you are not happy with the develop, use the Search industry towards the top of the display to locate other variations of the authorized develop template.
- Step 4. When you have identified the form you will need, select the Acquire now button. Select the costs prepare you favor and include your credentials to register for an account.
- Step 5. Approach the deal. You can utilize your credit card or PayPal account to complete the deal.
- Step 6. Choose the formatting of the authorized develop and down load it in your gadget.
- Step 7. Total, revise and print out or indication the West Virginia Share Appreciation Rights Plan with amendment.
Each authorized papers template you buy is the one you have permanently. You possess acces to every develop you acquired in your acccount. Select the My Forms section and pick a develop to print out or down load once again.
Compete and down load, and print out the West Virginia Share Appreciation Rights Plan with amendment with US Legal Forms. There are many expert and state-certain types you may use to your enterprise or person demands.
Form popularity
FAQ
Stock appreciation rights (SARs) are a type of employee compensation linked to the company's stock price during a preset period. Unlike stock options, SARs are often paid in cash and do not require the employee to own any asset or contract.
Stock Appreciation Rights plans do not result in equity dilution because actual shares are not being transferred to the employee. Participants do not become owners. Instead, they are potential cash beneficiaries in the appreciation of the underlying company value.
Stock Appreciation Right (SAR) entitles an employee, who is a shareholder in a company, to a cash payment proportionate to the appreciation of stock traded on a public exchange market. SAR programs provide companies with the flexibility to structure the compensation scheme in a way that suits their beneficiaries.
Stock Appreciation Rights (SARs) SARs differ from ESOPs in that they do not grant direct ownership to employees, but rather give them the right to receive a cash payout equal to the value of the stock appreciation.
Stock appreciation rights are similar to stock options in that they are granted at a set price, and they generally have a vesting period and an expiration date. Once a stock appreciation right vests, an employee can exercise it at any time prior to its expiration.
Stock Appreciation Right (SAR) entitles an employee, who is a shareholder in a company, to a cash payment proportionate to the appreciation of stock traded on a public exchange market. SAR programs provide companies with the flexibility to structure the compensation scheme in a way that suits their beneficiaries.
Grant Date: The grant date is the date the stock appreciation right is given to you. This date also determines the exercise price. Exercise (strike) Price: The exercise price is the market price of the stock on the grant date and it's used to determine if your SARs are worth anything.
?SARs? means stock appreciation rights entitling the holder thereof to receive a cash payment in an amount equal to the appreciation in the Common Shares over a specified period, as set forth in this Plan and in the applicable Grant Agreement.