Alaska Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-402C
• Format: Word; Rich Text

Description

18-402C 18-402C . . . Directors Stock Appreciation Rights Plan which provides for automatic grants of 10,000 SARs to each Non-employee director on effective date of Plan and 1,000 additional SARs on each March 1st thereafter. Newly elected Non-employee Directors will be granted 10,000 SARs on date of their election The Alaska Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a comprehensive compensation program designed specifically for directors of the company who contribute significantly to its success. This plan provides directors with an opportunity to be rewarded through stock appreciation rights (SARS) based on the company's financial performance and stock price. Under this plan, directors are granted SARS, which allow them to benefit from the appreciation in the company's stock price over a specified period. The SARS are typically granted at fair market value and vest over a predetermined period, incentivizing directors to remain committed to the company's long-term growth and success. The Alaska Directors Stock Appreciation Rights Plan offers several key features and benefits to the directors: 1. Performance-Based Compensation: The plan aligns the interests of the directors with those of the shareholders, as the SARS' value is linked to the company's stock performance. This encourages directors to make strategic decisions that positively impact shareholder value. 2. Retention and Motivation: By granting SARS that vest over time, the plan ensures directors have a vested interest in the company's future success. This motivates them to stay engaged and work towards achieving the company's goals. 3. Flexibility: The plan offers flexibility in structuring SAR grants, allowing directors to choose between cash settlement or stock settlement upon exercise. This enables directors to personalize their compensation according to their financial needs and objectives. 4. Stock Ownership: By providing directors with SARS, the plan promotes stock ownership and fosters a sense of ownership amongst the directors. This further aligns their interests with those of the shareholders and encourages them to act in the best interests of the company. It is important to note that the specific details and provisions of the Alaska Directors Stock Appreciation Rights Plan may vary depending on the company's individual policies and regulations. Different types of this plan may exist, such as the Senior Executive Directors Stock Appreciation Rights Plan or the Non-Executive Directors Stock Appreciation Rights Plan, with variations in eligibility criteria or award structures. In conclusion, the Alaska Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a compensation program that rewards directors for their contributions to the company's success through stock appreciation rights. It aligns the interests of the directors with those of the shareholders, encourages long-term commitment, and promotes stock ownership. The plan provides flexibility and may have variations tailored to specific director roles within the company.

The Alaska Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a comprehensive compensation program designed specifically for directors of the company who contribute significantly to its success. This plan provides directors with an opportunity to be rewarded through stock appreciation rights (SARS) based on the company's financial performance and stock price. Under this plan, directors are granted SARS, which allow them to benefit from the appreciation in the company's stock price over a specified period. The SARS are typically granted at fair market value and vest over a predetermined period, incentivizing directors to remain committed to the company's long-term growth and success. The Alaska Directors Stock Appreciation Rights Plan offers several key features and benefits to the directors: 1. Performance-Based Compensation: The plan aligns the interests of the directors with those of the shareholders, as the SARS' value is linked to the company's stock performance. This encourages directors to make strategic decisions that positively impact shareholder value. 2. Retention and Motivation: By granting SARS that vest over time, the plan ensures directors have a vested interest in the company's future success. This motivates them to stay engaged and work towards achieving the company's goals. 3. Flexibility: The plan offers flexibility in structuring SAR grants, allowing directors to choose between cash settlement or stock settlement upon exercise. This enables directors to personalize their compensation according to their financial needs and objectives. 4. Stock Ownership: By providing directors with SARS, the plan promotes stock ownership and fosters a sense of ownership amongst the directors. This further aligns their interests with those of the shareholders and encourages them to act in the best interests of the company. It is important to note that the specific details and provisions of the Alaska Directors Stock Appreciation Rights Plan may vary depending on the company's individual policies and regulations. Different types of this plan may exist, such as the Senior Executive Directors Stock Appreciation Rights Plan or the Non-Executive Directors Stock Appreciation Rights Plan, with variations in eligibility criteria or award structures. In conclusion, the Alaska Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a compensation program that rewards directors for their contributions to the company's success through stock appreciation rights. It aligns the interests of the directors with those of the shareholders, encourages long-term commitment, and promotes stock ownership. The plan provides flexibility and may have variations tailored to specific director roles within the company.