Kansas City Missouri Long Term Incentive Program for Senior Management

State:
Multi-State
City:
Kansas City
Control #:
US-CC-20-162L
Format:
Word; 
Rich Text
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Description

20-162L 20-162L . . . Long Term Incentive Program For Senior Management under which Compensation Committee may award (a) stock appreciation rights and (b) performance share units. Performance share units entitle holder to receive cash payment equal to (i) average market price of one share of corporation common stock during December ("Measuring Month") in third calendar year following year in which award is made, plus (ii) aggregate dividends with respect to one share of corporation common stock from January 1 of year in which award is made until last day of Measuring Month. At maturity, number of units initially awarded shall be (i) multiplied by fraction that corresponds to average annual percentage increase or decrease in book value per share of corporation common stock over four year period prior to maturity, and (ii) then further adjusted based on ratio of market value of corporation common stock to its book value as compared to that of comparable electric utility companies
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  • Preview Long Term Incentive Program for Senior Management
  • Preview Long Term Incentive Program for Senior Management
  • Preview Long Term Incentive Program for Senior Management
  • Preview Long Term Incentive Program for Senior Management

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FAQ

With its rich history and thriving arts scene, Kansas City draws visitors to world-class museums like the Nelson-Atkins Museum of Art and the Negro Leagues Baseball Museum. The city's jazz heritage, showcased in lively venues along 18th and Vine, offers a unique musical experience.

The reality is that the city straddles the neighboring states of Missouri and Kansas due to a complicated history that has lasted nearly two centuries. Kansas City, Missouri (KCMO), and Kansas City, Kansas (KCK), are separately incorporated cities that come together to form the greater Kansas City Metropolitan area.

Walt Disney opened his first animation studio in Kansas City, Laugh-O-Gram studios, where he fed a small rodent that became the inspiration for Mickey Mouse. Hallmark, the largest greeting card maker in the world, began in KC in 1910 when Joyce C. Hall began selling postcards out of two shoeboxes at the local YMCA.

City founders derived the name from the Kansas, or Kaw, River which was named for the Kansa Indians. The state of Missouri then incorporated the area as the City of Kansas in 1853 and renamed it Kansas City in 1889. Why is there a Kansas City in both Kansas and Missouri? | KC History kchistory.org ? faq ? why-there-kansas-city-both-... kchistory.org ? faq ? why-there-kansas-city-both-...

Team History The Chiefs won three AFL championships in the 1960s, becoming the team with the most championships in the short-lived AFL. They also won their first Super Bowl when they defeated the Minnesota Vikings, 23-7, in 1970.

Fertile farmland is one of the state's top natural resources. The state's most abundant crop is wheat?no other U.S. state produces as much. In fact, Sumner County, Kansas, is sometimes called the Wheat Capital of the World!

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Kansas City Missouri Long Term Incentive Program for Senior Management