• US Legal Forms

Indiana 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 Indiana Directors Stock Appreciation Rights Plan is a specific program offered by American Annuity Group, Inc. It is designed to provide directors of the company with an opportunity to purchase stock appreciation rights (SARS) as a form of compensation. This plan is specifically tailored to directors who serve on the board of American Annuity Group, Inc. located in Indiana. The Indiana Directors Stock Appreciation Rights Plan aims to incentivize and reward directors for their contributions to the company's success. By granting SARS, directors have the opportunity to benefit financially if the company's stock value increases over time. Under this plan, directors are granted SARS at a predetermined price, known as the grant price. The value of the SARS will generally increase if the company's stock price rises above the grant price. Directors can exercise these rights by converting them into actual shares of the company's stock or by receiving a cash payment equivalent to the appreciation in value. The Indiana Directors Stock Appreciation Rights Plan offers directors a long-term incentive to align their interests with those of the company and its shareholders. It encourages directors to actively contribute to the growth and success of the company, as they stand to benefit directly from its financial performance. It is worth noting that American Annuity Group, Inc. may have multiple variations or types of stock appreciation rights plans, each tailored to different groups of employees or executives within the organization. While this description specifically covers the Indiana Directors Stock Appreciation Rights Plan, other plans offered by the company may include employee stock option plans, performance-based stock appreciation rights plans, or executive stock bonus plans. In summary, the Indiana Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. represents a compensation program for directors serving on the board of the company. It grants them the opportunity to purchase stock appreciation rights at a predetermined price, allowing them to benefit from the appreciation in the company's stock value over time. This plan aims to align the interests of directors with those of the company and its shareholders, while incentivizing their active participation in the company's growth and success.

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

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

If you want to comprehensive, down load, or printing lawful papers web templates, use US Legal Forms, the biggest assortment of lawful kinds, which can be found on the Internet. Utilize the site`s easy and practical search to obtain the files you want. A variety of web templates for enterprise and person functions are categorized by types and claims, or keywords and phrases. Use US Legal Forms to obtain the Indiana Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. with a handful of click throughs.

If you are already a US Legal Forms customer, log in in your account and then click the Acquire key to find the Indiana Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.. You may also gain access to kinds you formerly saved inside the My Forms tab of your account.

If you work with US Legal Forms the very first time, refer to the instructions beneath:

  • Step 1. Be sure you have chosen the shape to the right area/nation.
  • Step 2. Make use of the Review choice to look through the form`s content material. Never neglect to see the explanation.
  • Step 3. If you are unhappy with the type, make use of the Research area towards the top of the monitor to locate other versions from the lawful type web template.
  • Step 4. After you have found the shape you want, click on the Purchase now key. Opt for the prices program you prefer and include your credentials to register for an account.
  • Step 5. Procedure the purchase. You should use your charge card or PayPal account to accomplish the purchase.
  • Step 6. Pick the formatting from the lawful type and down load it on your own product.
  • Step 7. Total, revise and printing or indicator the Indiana Directors Stock Appreciation Rights Plan of American Annuity Group, Inc..

Each and every lawful papers web template you buy is the one you have eternally. You have acces to each type you saved with your acccount. Click the My Forms section and select a type to printing or down load again.

Remain competitive and down load, and printing the Indiana Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. with US Legal Forms. There are many professional and state-specific kinds you can use for the enterprise or person requires.

Form popularity

FAQ

Stock Appreciation Rights is a reward based on the performance of the company's stock for a specific period. The employee gets a reward either in cash or in the form of the company's share if the price of the company's stock goes up. However, Stock Appreciation Rights are subjected to a fixed period.

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

The rights are valued once, divided evenly over the vesting period and marked as rights paid in capital. For example, a company that issues $5,000 in rights with a five-year vesting period would debit compensation expense for $1,000 and credit rights paid in capital for $1,000 once a year for five years.

A ?Stock Appreciation Right? is the right to receive a payment from the Company in an amount equal to the ?Spread,? which is defined as the excess of the Fair Market Value (as defined in Plan) of one share of common stock, $1.00 par value (the ?Stock?) of the Company at the Exercise Date (as defined below) over a ...

' Stock appreciation rights is a lot like employee stock options wherein the employee benefits from an increase in stock price. Though it's a lot like options, it is different in the way the employees do not have to pay the exercise price. They receive the amount of the increase in cash or stock.

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.

Interesting Questions

More info

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 ...Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants this Award to the Participant on the Grant Date on the terms set ... The purposes of the meeting are: 1. To elect seven directors; 2. To approve an amendment to the AAG 1994 Stock Option Plan to increase the maximum number of ... 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 ... The Board of Directors recommends that stockholders vote FOR the proposal to approve the AAG 1997 Directors' Stock Option Plan. The Company has been informed ... Jan 22, 2021 — Special Business. 3. To authorize the Company and/or any subsidiary of the Company to make market purchases of Company shares. The term “qualified stock” can't include stock from stock-settled stock appreciation rights or restricted stock awards (restricted property). It won't ... The Board may grant stock options under the Plan to nonemployee directors. ... Subject to the rights of the holders of preferred stock to elect any directors ... The following has been prepared from information furnished to the Company by the nominees and the continuing directors. *NOMINEES FOR ELECTION W. LESTER BRYAN ...

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

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