West Virginia Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

State:
Multi-State
Control #:
US-CC-18-402C
Format:
Word; 
Rich Text
Instant download

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
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  • Preview Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.
  • Preview Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.
  • Preview Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.
  • Preview Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.
  • Preview Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.
  • Preview Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

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FAQ

A Stock Appreciation Right (a ?SAR?) provides the recipient with the right to the appreciation in the common stock of the Corporation (?Common Stock?) measured from the date of grant to the date of exercise. The number of SARs awarded and the SAR grant price are set forth in the Statement of Award.

A Stock Appreciation Right (SAR) is an award which provides the holder with the ability to profit from the appreciation in value of a set number of shares of company stock over a set period of time.

Stock Appreciation Right (SAR) entitles an employee, who is a shareholder in a company, to a cash payment proportionate to the appreciation of stock traded on a public exchange market. SAR programs provide companies with the flexibility to structure the compensation scheme in a way that suits their beneficiaries.

A stock appreciation right is a form of incentive or deferred compensation that ties part of your income to the performance of your company's stock. It gives you the right to the monetary equivalent of the appreciation in the value of a specified number of shares over a specified period of time.

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West Virginia Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.