Phoenix Arizona Directors Stock Appreciation Rights Plan of American Annuity Group, Inc.

• Category: Corporations - Public - Stock Options
• State: Multi-State
• City: Phoenix
• 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 The Phoenix Arizona Directors Stock Appreciation Rights Plan is a significant offering from American Annuity Group, Inc., a leading financial services provider in the Phoenix area. This plan aims at rewarding directors of the company and aligning their interests with the overall growth and success of the organization. Stock Appreciation Rights (SARS) are a form of equity compensation designed to provide directors with a meaningful stake in the company's performance. Under the Phoenix Arizona Directors Stock Appreciation Rights Plan, participating directors are granted the right to receive a payment equal to the appreciation in the value of the company's stock over a specified period. This appreciation is calculated by taking the difference between the fair market value of the stock at the grant date and the fair market value at the exercise date. The directors can exercise these rights by converting their SARS into company stock, enabling them to benefit directly from the company's growth. One notable feature of this plan is its flexibility, allowing directors to exercise their SARS at their own discretion within a predetermined time frame. This allows the directors to maximize the potential value of their stock options while taking into account their personal financial goals and market conditions. The Phoenix Arizona Directors Stock Appreciation Rights Plan provides an additional incentive for directors to contribute to the long-term success of American Annuity Group, Inc. By owning company stock, directors have a vested interest in making strategic decisions that enhance shareholder value and drive sustainable growth. This aligns the interests of directors with those of shareholders, fostering a symbiotic relationship that promotes the company's overall prosperity. It is worth noting that while the Phoenix Arizona Directors Stock Appreciation Rights Plan is a comprehensive offering, American Annuity Group, Inc. may have different variations or adaptations of this plan to cater to the unique needs and preferences of individual directors. These variations could include different vesting schedules, exercise periods, or perhaps additional performance-based metrics for determining the value of the SARS. In conclusion, the Phoenix Arizona Directors Stock Appreciation Rights Plan offered by American Annuity Group, Inc. serves as an effective tool to incentivize and reward directors for their contributions to the company's growth. By aligning their interests with those of shareholders, this plan reinforces the collective drive towards long-term success. Overall, it signifies a commitment to corporate governance, transparency, and fostering a collaborative environment for the benefit of all stakeholders involved.

The Phoenix Arizona Directors Stock Appreciation Rights Plan is a significant offering from American Annuity Group, Inc., a leading financial services provider in the Phoenix area. This plan aims at rewarding directors of the company and aligning their interests with the overall growth and success of the organization. Stock Appreciation Rights (SARS) are a form of equity compensation designed to provide directors with a meaningful stake in the company's performance. Under the Phoenix Arizona Directors Stock Appreciation Rights Plan, participating directors are granted the right to receive a payment equal to the appreciation in the value of the company's stock over a specified period. This appreciation is calculated by taking the difference between the fair market value of the stock at the grant date and the fair market value at the exercise date. The directors can exercise these rights by converting their SARS into company stock, enabling them to benefit directly from the company's growth. One notable feature of this plan is its flexibility, allowing directors to exercise their SARS at their own discretion within a predetermined time frame. This allows the directors to maximize the potential value of their stock options while taking into account their personal financial goals and market conditions. The Phoenix Arizona Directors Stock Appreciation Rights Plan provides an additional incentive for directors to contribute to the long-term success of American Annuity Group, Inc. By owning company stock, directors have a vested interest in making strategic decisions that enhance shareholder value and drive sustainable growth. This aligns the interests of directors with those of shareholders, fostering a symbiotic relationship that promotes the company's overall prosperity. It is worth noting that while the Phoenix Arizona Directors Stock Appreciation Rights Plan is a comprehensive offering, American Annuity Group, Inc. may have different variations or adaptations of this plan to cater to the unique needs and preferences of individual directors. These variations could include different vesting schedules, exercise periods, or perhaps additional performance-based metrics for determining the value of the SARS. In conclusion, the Phoenix Arizona Directors Stock Appreciation Rights Plan offered by American Annuity Group, Inc. serves as an effective tool to incentivize and reward directors for their contributions to the company's growth. By aligning their interests with those of shareholders, this plan reinforces the collective drive towards long-term success. Overall, it signifies a commitment to corporate governance, transparency, and fostering a collaborative environment for the benefit of all stakeholders involved.