Indiana 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 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.

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.