The Kentucky Approval of Restricted Stock Award Plan is an integral part of the compensation package offered by Coca-Cola Enterprises, Inc. It is designed to reward and incentivize top-performing employees of the company through the granting of restricted stock awards. This plan requires the approval of the Kentucky state authorities to ensure compliance with local regulations. Keyword: Kentucky Approval of Restricted Stock Award Plan, Coca-Cola Enterprises, Inc. The Kentucky Approval of Restricted Stock Award Plan for Coca-Cola Enterprises, Inc. comes with several notable features that make it an attractive option for eligible employees. Firstly, the plan grants restricted stock awards, which are company shares subject to specific restrictions or conditions. Employees granted these awards have the potential to benefit from any future increase in the company's stock price. Keywords: restricted stock awards, company shares, stock price The Kentucky Approval of the Restricted Stock Award Plan includes vesting provisions, which dictate how and when employees gain ownership of the awarded stock. Typically, the plan outlines a vesting schedule that specifies the time period over which the employee must remain employed with the company to fully unlock the awarded shares. Keywords: vesting provisions, ownership, vesting schedule Additionally, the Kentucky Approval of the Restricted Stock Award Plan may outline certain performance criteria that must be met to receive the full benefits of the awarded shares. These criteria often align with the company's objectives, such as meeting financial targets or achieving specific milestones. Keywords: performance criteria, financial targets, milestones It is important to note that the Kentucky Approval of the Restricted Stock Award Plan may include certain limitations and restrictions imposed by the state authorities. These restrictions aim to regulate the distribution and taxation of the awarded shares, ensuring compliance with Kentucky state laws. Keywords: limitations, restrictions, taxation Types of Kentucky Approval of Restricted Stock Award Plans for Coca-Cola Enterprises, Inc. can vary depending on the specific terms and conditions set by the company. Possible variations may include plans tailored for different employee levels, such as executive-level employees or top performers within specific departments or regions. Keywords: employee levels, executive-level employees, top performers In conclusion, the Kentucky Approval of Restricted Stock Award Plan for Coca-Cola Enterprises, Inc. is a comprehensive compensation program that rewards and motivates employees through the granting of restricted stock awards. It adheres to the regulatory requirements set by the Kentucky state authorities and offers various features including vesting provisions, performance criteria, and compliance with state limitations and restrictions.
Kentucky Approval of Restricted Stock Award Plan for Coca-Cola Enterprises, Inc.
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Our Company grants stock options and restricted stock awards to certain employees of the Company.
CocaCola stock-based compensation for the twelve months ending June 30, 2023 was $807M, a 4.95% decline year-over-year. CocaCola annual stock-based compensation for 2022 was $0.356B, a 5.64% increase from 2021.
The Committee will oversee the internal audit function, the Company's ethical compliance programs, including the Company's Codes of Business Conduct, and the Company's quality and food safety programs, workplace and distribution safety programs, and information technology security programs.
The Audit Committee and the Board believe that the retention of Ernst & Young LLP to serve as the Independent Auditors for the fiscal year ending December 31, 2017 is in the best interests of the Company and its shareowners.
Barry Ballow is vice president of internal audit for The Coca?Cola Company.
AUDIT INFORMATION AUDIT INFORMATION12 Months EndedDec. 31, 2021Auditor NameErnst & Young LLPAuditor LocationAtlanta, GeorgiaAuditor Firm ID421 more row
Ratify the appointment of Ernst & Young LLP as Independent Auditors of the Company to serve for the 2022 fiscal year.