Wisconsin Restricted Stock Plan of RPM, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• Control #: US-CC-18-200A
• Format: Word; Rich Text

Description

18-200A 18-200A . . . Restricted Stock Plan under which (a) Compensation Committee determines those employees of corporation and subsidiaries who are eligible to receive awards of Restricted Shares, (b) Restricted Shares are forfeitable and nontransferable for specified period of time, (c) transfer restrictions remain in place until earliest of (i) later of either employee's termination of employment or lapse of forfeiture restrictions, (ii) change in control with respect to corporation, or (iii) termination of Plan. Restricted Shares are subject to compete forfeiture until earliest to occur of (i) later of either employee's attainment of age 55 or fifth anniversary of May 31st immediately preceding date on which Restricted Shares were awarded, (ii) retirement of employee on or after attainment of age 65, or (iii) change in control with respect to corporation The Wisconsin Restricted Stock Plan of RPM, Inc. is a comprehensive equity compensation arrangement established by RPM, Inc., a prominent corporation operating in Wisconsin. This plan aims to incentivize and reward employees, executives, and directors by providing them with restricted stock as part of their compensation package. Restricted stock refers to company shares that are granted to eligible participants under certain conditions and restrictions. These restrictions are typically set for a specific period, during which the stock cannot be sold or transferred. RPM, Inc. offers several types of Wisconsin Restricted Stock Plans, designed to cater to different employee categories and objectives. Some of these types may include: 1. Employee Restricted Stock Plan: This type of plan is targeted towards regular employees of RPM, Inc. It aims to motivate and retain talent by granting restricted stock based on specific performance metrics or years of service. 2. Executive Restricted Stock Plan: This plan is specifically designed for high-level executives within the company. It provides targeted incentives to top-performing executives to align their interests with the long-term success of RPM, Inc. 3. Director Restricted Stock Plan: Reserved for board directors of RPM, Inc., this type of plan allows directors to receive restricted stock as part of their board compensation. It encourages directors to actively contribute to the company's growth and shareholder value. 4. Performance-Based Restricted Stock Plan: This plan grants restricted stock to employees, executives, or directors based on predefined performance criteria. Participants must meet or exceed certain performance goals to unlock the full benefits of the restricted stock. 5. Long-Term Incentive Restricted Stock Plan: This plan focuses on providing long-term incentives to participants who demonstrate dedication and commitment to RPM, Inc.'s success. The restricted stock granted under this plan may have extended vesting periods, ensuring participants remain invested in the company's future performance. In summary, the Wisconsin Restricted Stock Plan of RPM, Inc. is a versatile and comprehensive compensation arrangement that offers various types of plans to motivate, retain, and align the interests of employees, executives, and directors. These plans provide participants with restricted stock as a reward for their service and contributions, subject to specific conditions and restrictions tailored to their respective roles within the company.

The Wisconsin Restricted Stock Plan of RPM, Inc. is a comprehensive equity compensation arrangement established by RPM, Inc., a prominent corporation operating in Wisconsin. This plan aims to incentivize and reward employees, executives, and directors by providing them with restricted stock as part of their compensation package. Restricted stock refers to company shares that are granted to eligible participants under certain conditions and restrictions. These restrictions are typically set for a specific period, during which the stock cannot be sold or transferred. RPM, Inc. offers several types of Wisconsin Restricted Stock Plans, designed to cater to different employee categories and objectives. Some of these types may include: 1. Employee Restricted Stock Plan: This type of plan is targeted towards regular employees of RPM, Inc. It aims to motivate and retain talent by granting restricted stock based on specific performance metrics or years of service. 2. Executive Restricted Stock Plan: This plan is specifically designed for high-level executives within the company. It provides targeted incentives to top-performing executives to align their interests with the long-term success of RPM, Inc. 3. Director Restricted Stock Plan: Reserved for board directors of RPM, Inc., this type of plan allows directors to receive restricted stock as part of their board compensation. It encourages directors to actively contribute to the company's growth and shareholder value. 4. Performance-Based Restricted Stock Plan: This plan grants restricted stock to employees, executives, or directors based on predefined performance criteria. Participants must meet or exceed certain performance goals to unlock the full benefits of the restricted stock. 5. Long-Term Incentive Restricted Stock Plan: This plan focuses on providing long-term incentives to participants who demonstrate dedication and commitment to RPM, Inc.'s success. The restricted stock granted under this plan may have extended vesting periods, ensuring participants remain invested in the company's future performance. In summary, the Wisconsin Restricted Stock Plan of RPM, Inc. is a versatile and comprehensive compensation arrangement that offers various types of plans to motivate, retain, and align the interests of employees, executives, and directors. These plans provide participants with restricted stock as a reward for their service and contributions, subject to specific conditions and restrictions tailored to their respective roles within the company.