The Utah Directors Stock Appreciation Rights (SARS) Plan is a compensation scheme implemented by American Annuity Group, Inc. to reward its directors with stock appreciation rights. This plan offers directors the opportunity to receive additional compensation by granting them the right to receive stock appreciation in the company. Under the Utah Directors Stock Appreciation Rights Plan, directors are provided with a predetermined number of SARS, which can be exercised in the future. The value of this SARS is tied to the appreciation of the company's stock over a specified period. Directors can exercise their SARS by converting them into actual shares of stock or by receiving a cash equivalent. By offering SARS, American Annuity Group aims to align the interests of its directors with those of the company's shareholders. This compensation structure incentivizes directors to make decisions that positively impact the company's stock price, as their personal financial gain is directly tied to the stock's appreciation. The Utah Directors Stock Appreciation Rights Plan may have variations or different types, customized to suit the specific needs and objectives of American Annuity Group. These variations might include different vesting periods, exercise periods, or other terms and conditions determined by the company. However, without specific information about the variations within the plan, it is not possible to name them explicitly. Keywords: Utah Directors Stock Appreciation Rights Plan, American Annuity Group, compensation scheme, stock appreciation rights, additional compensation, directors, stock appreciation, predetermined number, exercise, shares of stock, cash equivalent, align interests, shareholders, decisions, impact, variations.
Utah Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.
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