Pima Arizona Stock Option and Award Plan of Amresco, Inc.

State:
Multi-State
County:
Pima
Control #:
US-CC-18-323
Format:
Word; 
Rich Text
Instant download

Description

18-323 18-323 . . . Stock Option and Award Plan under which Committee can grant (a) Incentive Stock Options and Non-qualified Stock Options to persons other that outside directors, (b) Non-qualified Stock Options to outside directors (15,000 shares on his or her date of election or appointment and 15,000 shares every three years upon his or her re-election), (c) Restricted Stock, and (d) Performance Shares which have value equal to fair market value of share of stock on date Performance Share is earned. Committee sets performance goals which, depending on extent to which they are met, will determine number of Performance Shares that will be earned by Participants. Committee uses one or more of following performance measures for purposes of grants of Performance Shares: total stockholder return, return on assets, return on equity, earnings per share, and ratio of operating overhead to operating revenues

The Lima Arizona Stock Option and Award Plan is a comprehensive program introduced by Fresco, Inc. It is designed to incentivize and reward employees by granting them certain benefits in the form of stock options and awards. This plan aims to align the interests of employees with the long-term growth and success of the company. Now, let's explore the different types of stock options and awards available under this plan. 1. Stock Options: One of the primary components of the Lima Arizona Stock Option and Award Plan is stock options. These options provide employees with the right to purchase a specific number of company shares at a predetermined price within a specified period. 2. Incentive Stock Option (ISO): The Lima Arizona Stock Option and Award Plan may offer Incentive Stock Options (SOS) to eligible employees. SOS have favorable tax treatment, as any potential gain from exercising the option is taxed as a capital gain rather than ordinary income. 3. Non-Qualified Stock Option (NO): Another type of stock option available under this plan is the Non-Qualified Stock Option (NO). SOS do not qualify for the same tax advantages as SOS. The gain realized upon exercising the option is treated as ordinary income and subject to employment taxes. 4. Restricted Stock Units (RSS): In addition to stock options, the Lima Arizona Stock Option and Award Plan may also include Restricted Stock Units (RSS). RSS represents a promise to provide employees with company shares at a future date, subject to specific vesting conditions. 5. Performance Awards: To reward exceptional performance and achievements, the Lima Arizona Stock Option and Award Plan may include Performance Awards. These awards are granted based on predetermined performance goals, metrics, or targets set by the company. If employees meet or exceed these targets, they may receive additional company shares or cash equivalents. 6. Stock Appreciation Rights (SARS): The plan might also incorporate Stock Appreciation Rights (SARS). SARS provide employees with the opportunity to benefit from the increase in the company's stock price between the date of grant and exercise. Similar to stock options, SARS have a specific exercise price and expiration period. It is important for employees to familiarize themselves with the specific terms, conditions, and restrictions associated with each type of stock option and award under the Lima Arizona Stock Option and Award Plan. These details can be found in the official plan documents provided by Fresco, Inc. It is advisable to consult with a professional financial advisor or the company's HR department for complete information.

Free preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Pima Arizona Stock Option And Award Plan Of Amresco, Inc.?

A document routine always accompanies any legal activity you make. Opening a company, applying or accepting a job offer, transferring property, and many other life situations require you prepare formal documentation that differs from state to state. That's why having it all accumulated in one place is so valuable.

US Legal Forms is the biggest online collection of up-to-date federal and state-specific legal forms. On this platform, you can easily find and download a document for any personal or business purpose utilized in your region, including the Pima Stock Option and Award Plan of Amresco, Inc..

Locating forms on the platform is amazingly straightforward. If you already have a subscription to our library, log in to your account, find the sample using the search bar, and click Download to save it on your device. Afterward, the Pima Stock Option and Award Plan of Amresco, Inc. will be accessible for further use in the My Forms tab of your profile.

If you are dealing with US Legal Forms for the first time, adhere to this quick guideline to get the Pima Stock Option and Award Plan of Amresco, Inc.:

  1. Make sure you have opened the right page with your local form.
  2. Utilize the Preview mode (if available) and browse through the template.
  3. Read the description (if any) to ensure the form corresponds to your needs.
  4. Search for another document using the search option if the sample doesn't fit you.
  5. Click Buy Now once you locate the required template.
  6. Decide on the suitable subscription plan, then sign in or create an account.
  7. Choose the preferred payment method (with credit card or PayPal) to continue.
  8. Choose file format and save the Pima Stock Option and Award Plan of Amresco, Inc. on your device.
  9. Use it as needed: print it or fill it out electronically, sign it, and send where requested.

This is the easiest and most trustworthy way to obtain legal documents. All the templates available in our library are professionally drafted and checked for correspondence to local laws and regulations. Prepare your paperwork and manage your legal affairs efficiently with the US Legal Forms!

Form popularity

FAQ

A restricted stock award is when a company grants someone stock as a form of compensation. The stock awarded has additional conditions on it, including a vesting schedule, so is called restricted stock. Restricted stock awards may also be called simply stock awards or stock grants.

ESOs are a form of equity compensation granted by companies to their employees and executives. Like a regular call option, an ESO gives the holder the right to purchase the underlying assetthe company's stockat a specified price for a finite period of time.

Setting Up Your Employee Stock Option Plan Your company's mission and values should be a major factor in your stock option's plan design. Determine how much of the company you plan to share with early employees and employees that will join your company later. Regular stock grants are sold in shares of 100.

Are ESPPs good investments? These plans can be great investments if used correctly. Purchasing stock at a discount is certainly a valuable tool for accumulating wealth, but comes with investment risks you should consider. An ESPP plan with a 15% discount effectively yields an immediate 17.6% return on investment.

Stock options are an employee benefit that grants employees the right to buy shares of the company at a set price after a certain period of time. Employees and employers agree ahead of time on how many shares they can purchase and how long the vesting period will be before they can buy the stock.

In an ESOP, a company sets up a trust fund, into which it contributes new shares of its own stock or cash to buy existing shares. Alternatively, the ESOP can borrow money to buy new or existing shares, with the company making cash contributions to the plan to enable it to repay the loan.

Stock options are a form of compensation. Companies can grant them to employees, contractors, consultants and investors. These options, which are contracts, give an employee the right to buy, or exercise, a set number of shares of the company stock at a preset price, also known as the grant price.

Exercising a stock option means purchasing the issuer's common stock at the price set by the option (grant price), regardless of the stock's price at the time you exercise the option.

An employee stock option is a plan that means you have the option to buy shares of the company's stock at a certain price for a given period of time. In doing so, it could increase how much money you bring in from your job.

With a stock award, you receive the company's stocks as compensation. Depending on the type of stock, you may have to wait for a certain period before you can fully own it. A stock option, on the other hand, only gives you the right to buy the company's stocks in the future at a certain price.

More info

Acorn is a private equity investment company, providing angel financing to start up companies in the technology and bioscience industries. Acorn is a private equity investment company, providing angel financing to start up companies in the technology and bioscience industries.

Trusted and secure by over 3 million people of the world’s leading companies

Pima Arizona Stock Option and Award Plan of Amresco, Inc.