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
Wyoming Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.
Category:
State:
Multi-State
Control #:
US-CC-18-402C
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Directors Stock Appreciation Rights Plan Of American Annuity Group, Inc.?
You may commit several hours on the Internet looking for the legitimate record format that suits the federal and state demands you need. US Legal Forms supplies a huge number of legitimate kinds which are analyzed by professionals. You can actually download or produce the Wyoming Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. from our services.
If you already possess a US Legal Forms account, you are able to log in and click the Down load button. After that, you are able to complete, edit, produce, or indication the Wyoming Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.. Every single legitimate record format you buy is yours forever. To have one more backup of any bought form, check out the My Forms tab and click the corresponding button.
If you work with the US Legal Forms website initially, adhere to the simple directions under:
- Initial, ensure that you have selected the correct record format to the area/city of your choice. Browse the form explanation to make sure you have picked out the appropriate form. If readily available, utilize the Review button to search with the record format too.
- If you wish to find one more model of your form, utilize the Research industry to obtain the format that meets your needs and demands.
- After you have found the format you would like, simply click Purchase now to carry on.
- Select the prices prepare you would like, key in your qualifications, and sign up for your account on US Legal Forms.
- Total the transaction. You can use your Visa or Mastercard or PayPal account to fund the legitimate form.
- Select the file format of your record and download it for your gadget.
- Make adjustments for your record if possible. You may complete, edit and indication and produce Wyoming Directors Stock Appreciation Rights Plan of American Annuity Group, Inc..
Down load and produce a huge number of record themes making use of the US Legal Forms web site, which provides the largest assortment of legitimate kinds. Use expert and status-particular themes to tackle your company or individual requirements.
Form popularity
FAQ
Stock Appreciation Rights (SARs) SARs differ from ESOPs in that they do not grant direct ownership to employees, but rather give them the right to receive a cash payout equal to the value of the stock appreciation.
SARs may be settled in cash or shares. However, it is more common for SARs to be settled in cash. A SAR is similar to a stock option except that the recipient is not required to pay an exercise price to exercise the SAR.
The equivalent of the share price of the firm or the rise in share price over a specified period is paid to employees. However, stock appreciation rights are not promised to the employees. They are incentives given to employees when the company's stock value exceeds the option exercise price.
A ?Stock Appreciation Right? is the right to receive a payment from the Company in an amount equal to the ?Spread,? which is defined as the excess of the Fair Market Value (as defined in Plan) of one share of common stock, $1.00 par value (the ?Stock?) of the Company at the Exercise Date (as defined below) over a ...
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.
Once a SAR vests, an employee can exercise it at any time prior to its expiration. The proceeds will be paid either in cash, shares, or a combination of cash and shares depending on the rules of an employee's plan.