Philadelphia Pennsylvania Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• County: Philadelphia
• Control #: US-CC-18-402C
• Format: Word; Rich Text

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 Philadelphia Pennsylvania Directors Stock Appreciation Rights Plan is a strategic compensation program implemented by American Annuity Group, Inc. It is designed to reward and incentivize the directors of the company for their contributions and successes in driving the company's growth and financial performance. The Philadelphia Pennsylvania Directors Stock Appreciation Rights Plan offers directors the opportunity to receive additional compensation in the form of stock appreciation rights (SARS). SARS is a type of stock option plan that provide directors with the right to receive cash or company stock equal to the appreciation in the company's stock price, over a predetermined period of time. These stock appreciation rights can be a valuable component of a director's total compensation package, as they provide a direct link between the company's performance and the director's personal financial gain. By aligning the interests of the directors with those of the shareholders, the plan aims to motivate the directors to make decisions that will enhance long-term shareholder value. There are different types of Philadelphia Pennsylvania Directors Stock Appreciation Rights Plans that can be tailored to suit the needs and goals of American Annuity Group, Inc. The specific details of each plan can vary, but generally, they include provisions related to vesting periods, exercise periods, and the calculation of the stock price appreciation. Vesting periods determine when directors become eligible to exercise their stock appreciation rights. It may be structured in a way that a certain percentage of SARS become exercisable each year or after reaching specific performance milestones. This encourages directors to remain with the company and actively contribute to its growth over time. Exercise periods define the duration within which directors can exercise their SARS. Companies often provide a limited window of opportunity for directors to exercise their rights, ensuring that they actively monitor and remain engaged in the company's performance during the specified timeframe. The calculation of the stock price appreciation is a crucial element of the Philadelphia Pennsylvania Directors Stock Appreciation Rights Plan. It may be based on the increase in the company's stock price over a specific period or linked to the broader stock market's performance. In conclusion, the Philadelphia Pennsylvania Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a compensation program that awards directors with stock appreciation rights, allowing them to receive additional compensation based on the company's stock price appreciation. It promotes the alignment of shareholder and director interests and provides a powerful incentive for directors to contribute to the long-term success of the company.

Philadelphia Pennsylvania Directors Stock Appreciation Rights Plan is a strategic compensation program implemented by American Annuity Group, Inc. It is designed to reward and incentivize the directors of the company for their contributions and successes in driving the company's growth and financial performance. The Philadelphia Pennsylvania Directors Stock Appreciation Rights Plan offers directors the opportunity to receive additional compensation in the form of stock appreciation rights (SARS). SARS is a type of stock option plan that provide directors with the right to receive cash or company stock equal to the appreciation in the company's stock price, over a predetermined period of time. These stock appreciation rights can be a valuable component of a director's total compensation package, as they provide a direct link between the company's performance and the director's personal financial gain. By aligning the interests of the directors with those of the shareholders, the plan aims to motivate the directors to make decisions that will enhance long-term shareholder value. There are different types of Philadelphia Pennsylvania Directors Stock Appreciation Rights Plans that can be tailored to suit the needs and goals of American Annuity Group, Inc. The specific details of each plan can vary, but generally, they include provisions related to vesting periods, exercise periods, and the calculation of the stock price appreciation. Vesting periods determine when directors become eligible to exercise their stock appreciation rights. It may be structured in a way that a certain percentage of SARS become exercisable each year or after reaching specific performance milestones. This encourages directors to remain with the company and actively contribute to its growth over time. Exercise periods define the duration within which directors can exercise their SARS. Companies often provide a limited window of opportunity for directors to exercise their rights, ensuring that they actively monitor and remain engaged in the company's performance during the specified timeframe. The calculation of the stock price appreciation is a crucial element of the Philadelphia Pennsylvania Directors Stock Appreciation Rights Plan. It may be based on the increase in the company's stock price over a specific period or linked to the broader stock market's performance. In conclusion, the Philadelphia Pennsylvania Directors Stock Appreciation Rights Plan of American Annuity Group, Inc. is a compensation program that awards directors with stock appreciation rights, allowing them to receive additional compensation based on the company's stock price appreciation. It promotes the alignment of shareholder and director interests and provides a powerful incentive for directors to contribute to the long-term success of the company.