• US Legal Forms

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

State:
Multi-State
Control #:
US-CC-18-402C
Format:
Word; 
Rich Text
Instant download

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 Arizona Directors Stock Appreciation Rights Plan is a significant component of the comprehensive compensation package offered by American Annuity Group, Inc. It is designed to provide an incentive for directors of the company to contribute their expertise and efforts towards the long-term success and growth of the organization. This stock appreciation rights plan offers directors the opportunity to acquire additional shares in American Annuity Group, Inc. at a future date, at a price determined by the market value of the company's stock on the grant date. This means that as the stock price grows, directors have the potential to benefit from the appreciation in value. The Arizona Directors Stock Appreciation Rights Plan is specifically designed to align the interests of directors with those of the company's shareholders. By providing directors with the opportunity to acquire additional company shares, they have a vested interest in driving the company's growth and enhancing shareholder value. The plan also encourages director retention, as these stock appreciation rights typically vest over a specific period of time, incentivizing directors to remain with the company for the long term. There may be different types or variations of this stock appreciation rights plan offered by American Annuity Group, Inc. Some potential variations could include different vesting schedules, performance-based criteria for the rights to be exercised, or the inclusion of other terms and conditions specific to individual directors or their roles within the company. Overall, the Arizona Directors Stock Appreciation Rights Plan serves as a valuable tool for American Annuity Group, Inc. to attract, retain, and motivate accomplished directors who can contribute their skills and experience towards the company's continued success.

Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Arizona Directors Stock Appreciation Rights Plan Of American Annuity Group, Inc.?

Are you presently in the place that you will need papers for either business or personal reasons almost every day? There are plenty of authorized file templates accessible on the Internet, but getting kinds you can rely is not effortless. US Legal Forms offers a large number of form templates, just like the Arizona Directors Stock Appreciation Rights Plan of American Annuity Group, Inc., which are composed in order to meet state and federal demands.

If you are already acquainted with US Legal Forms web site and also have your account, simply log in. Next, it is possible to download the Arizona Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. template.

Should you not have an account and wish to begin to use US Legal Forms, adopt these measures:

  1. Get the form you need and make sure it is for your correct area/state.
  2. Utilize the Preview option to check the shape.
  3. Browse the outline to actually have selected the appropriate form.
  4. In case the form is not what you are seeking, use the Search industry to discover the form that meets your requirements and demands.
  5. Whenever you obtain the correct form, simply click Purchase now.
  6. Choose the prices program you would like, fill out the necessary info to produce your money, and pay money for the transaction utilizing your PayPal or credit card.
  7. Select a handy file file format and download your backup.

Find all the file templates you possess purchased in the My Forms food list. You can aquire a further backup of Arizona Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. anytime, if necessary. Just select the necessary form to download or print the file template.

Use US Legal Forms, by far the most substantial assortment of authorized kinds, in order to save time as well as steer clear of blunders. The assistance offers skillfully made authorized file templates which you can use for a range of reasons. Produce your account on US Legal Forms and commence making your daily life easier.

Form popularity

FAQ

A stock appreciation right is a form of incentive or deferred compensation that ties part of your income to the performance of your company's stock. It gives you the right to the monetary equivalent of the appreciation in the value of a specified number of shares over a specified period of time.

For example, let's say you were granted stock appreciation rights on 10 shares of your company ABC's stock, valued at $10 per share. Over time, the share price increases from $10 to $12. This means you'd receive $2 per share since that was the increased value.

In accounting, the process that the company uses to record SAR agreements is to accrue a liability and recognize expense over the term of service. At the end of the service period, the liability is settled in cash or stock (or both).

A Stock Appreciation Right (SAR) refers to the right to be paid compensation equivalent to an increase in the company's common stock price over a base or the value of appreciation of the equity shares currently being traded on the public market.

The part of the change in the value of the stocks held by a business over any period which is due to price changes.

Understanding Stock Appreciation Rights SARs are also frequently awarded ing to a vesting schedule that ties them to performance goals set by the company. SARs are taxed the same way as non-qualified stock options (NSOs). There are no tax consequences of any kind on either the grant date or when they are vested.

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.

A stock appreciation right (SAR) entitles an employee to the appreciation in value of a specified number of shares of employer stock over an ?exercise price? or ?grant price? over a specified period of time. The base price generally is equal to the underlying stock's fair market value on the date of grant.

Interesting Questions

More info

How to fill out Maricopa Arizona Directors Stock Appreciation Rights Plan Of American Annuity Group, Inc.? Dealing with legal forms is a must in today's world. Download Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. right from the US Legal Forms web site. It offers a wide variety of ...Handling paperwork with our comprehensive and user-friendly PDF editor is straightforward. Adhere to the instructions below to fill out Directors Stock ... Jun 4, 2023 — -SARs can be granted to employees, directors, and consultants, providing a broad base of people who have an incentive to help grow the company. INTERTAPE POLYMER GROUP INC. 2012 STOCK APPRECIATION RIGHTS PLAN. 1. Purpose of this Plan. 1.1 The purpose of this Plan is to: a. Promote a proprietary ... 1. To elect two Class III directors of the Company, each to serve for a three-year period to expire at the 2008 Annual General Meeting of Shareholders or until ... Jan 1, 2019 — Stock Appreciation Right Plan. Report your participation in a stock appreciation right plan in Part 3. In addition, report the stock ... AVNET, INC. 2006 STOCK COMPENSATION PLAN. ARTICLE I. PURPOSE OF THE PLAN. The ... Stock Appreciation Rights may be granted to Eligible Employees in the discretion ... The Company has one equity compensation plan that has not been approved by shareholders — the Outside Director Stock Bonus Plan. Under this Plan, non ... The term “qualified stock” can't include stock from stock-settled stock appreciation rights or restricted stock awards (restricted property). It won't ...

Trusted and secure by over 3 million people of the world’s leading companies

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