Nebraska 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 Nebraska Directors Stock Appreciation Rights Plan is a compensation program offered by American Annuity Group, Inc., a leading financial services provider headquartered in Nebraska. This plan is designed to reward and retain directors of the company by granting them stock appreciation rights (SARS) as part of their compensation package. Under this plan, directors are given the opportunity to earn additional compensation based on the appreciation of the company's stock price over a specific period. The SARS are granted as a form of phantom stock, meaning that directors do not actually own the shares of stock, but instead receive a cash payment equivalent to the value of the appreciation. Nebraska Directors Stock Appreciation Rights Plan is a performance-based incentive, as the value of the SARS is directly linked to the company's stock performance. As the stock price increases, directors are entitled to a cash payment equal to the appreciation. This arrangement aligns the interests of directors with the company's shareholders, encouraging directors to make decisions that positively impact the company's stock value. The Nebraska Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. may have multiple variations or types, tailored to meet the specific needs and objectives of the company. For example, there could be different vesting schedules, where directors become eligible for the SARS over a period of time, or variations in the criteria used to determine the stock price appreciation. Overall, the Nebraska Directors Stock Appreciation Rights Plan is a valuable tool for American Annuity Group, Inc. to attract and motivate talented directors, fostering their commitment to enhancing the company's performance. It provides a fair and equitable compensation structure that rewards directors based on the financial success of the company, ultimately benefiting both the individual directors and the shareholders.

Nebraska Directors Stock Appreciation Rights Plan is a compensation program offered by American Annuity Group, Inc., a leading financial services provider headquartered in Nebraska. This plan is designed to reward and retain directors of the company by granting them stock appreciation rights (SARS) as part of their compensation package. Under this plan, directors are given the opportunity to earn additional compensation based on the appreciation of the company's stock price over a specific period. The SARS are granted as a form of phantom stock, meaning that directors do not actually own the shares of stock, but instead receive a cash payment equivalent to the value of the appreciation. Nebraska Directors Stock Appreciation Rights Plan is a performance-based incentive, as the value of the SARS is directly linked to the company's stock performance. As the stock price increases, directors are entitled to a cash payment equal to the appreciation. This arrangement aligns the interests of directors with the company's shareholders, encouraging directors to make decisions that positively impact the company's stock value. The Nebraska Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. may have multiple variations or types, tailored to meet the specific needs and objectives of the company. For example, there could be different vesting schedules, where directors become eligible for the SARS over a period of time, or variations in the criteria used to determine the stock price appreciation. Overall, the Nebraska Directors Stock Appreciation Rights Plan is a valuable tool for American Annuity Group, Inc. to attract and motivate talented directors, fostering their commitment to enhancing the company's performance. It provides a fair and equitable compensation structure that rewards directors based on the financial success of the company, ultimately benefiting both the individual directors and the shareholders.