Santa Clara California Restricted Stock Award Plan of Coca-Cola Enterprises, Inc.

State:
Multi-State
County:
Santa Clara
Control #:
US-CC-20-163H
Format:
Word; 
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Description

20-163H 20-163H . . . Restricted Stock Award Plan under which committee of Board of Directors can (a) grant restricted stock to officers and key employees of corporation and (b) reimburse such persons for amounts payable by them as consequence of any such award

The Santa Clara California Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is a comprehensive program designed to incentivize and reward employees of the company who meet specific performance goals. With the aim of attracting and retaining top talent, this plan plays a crucial role in motivating employees to contribute to the long-term success of Coca-Cola Enterprises. Under this plan, eligible employees have the opportunity to receive restricted stock awards as part of their overall compensation package. These awards are granted in the form of company stock and are subject to certain restrictions and vesting periods to ensure alignment with the company's objectives and shareholder interests. Through the Santa Clara California Restricted Stock Award Plan, Coca-Cola Enterprises promotes employee engagement and encourages a long-term perspective by providing recipients with a stake in the company's performance. The awards serve as both a recognition of individual achievement and a means to foster a sense of ownership and loyalty among employees. By offering restricted stock awards, Coca-Cola Enterprises aims to align the interests of its employees and shareholders, driving performance and creating shared value. These awards contribute to a culture of meritocracy and inspire employees to go above and beyond to contribute to the company's growth and success. Within the Santa Clara California Restricted Stock Award Plan of Coca-Cola Enterprises, there may be different types of awards available based on various factors such as job level, tenure, and performance. These can include performance-based stock options, time-based restricted stock units, and performance share units. Each type of award has its own unique criteria and conditions, providing a tailored approach to reward and motivate employees at different stages of their career. In summary, the Santa Clara California Restricted Stock Award Plan of Coca-Cola Enterprises, Inc. is a crucial component of the company's compensation system. It serves as a powerful tool for attracting, retaining, and motivating talented employees in Santa Clara, California, while aligning their interests with those of the company and its shareholders.

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FAQ

The Coca2011Cola Company is a public company that trades its shares on the New York stock exchange - so we are 'owned' by our thousands of shareholders and investors around the world.

Shares can be purchased through a Direct Stock Purchase and Dividend Reinvestment Plan sponsored and administered by Computershare Trust Company, N.A. Details about the Computershare Investment Plan, including any fees associated with the Plan, can be viewed and printed from Computershare's website.

Key Takeaways. Employee stock options are offered by companies to their employees as equity compensation plans. These grants come in the form of regular call options and give an employee the right to buy the company's stock at a specified price for a finite period of time.

Coca-Cola pays a dividend of $0.42 per share every quarter, which is good enough for a dividend yield of 3.07%. In recent years, the company's dividend payout ratio, which is the part of earnings paid out as dividends, has increased to over 100%.

You can buy Coca-Cola shares through an online share dealing platform such as the one offered by IG. This enables you to own the shares outright, meaning you will profit if the price of the shares increases, or from any Coca-Cola dividend payments.

Employee stock options (ESPPs) differ from RSUs and GSUs in that they aren't granted to employees free of charge. Instead, employees have the option to buy into company shares at a predetermined, discounted rate after a vesting period.

We have complete compensation packages that include 401K, core and supplemental life insurance, as well as financial courses and advisors.

Top 10 Owners of Coca-Cola Co StockholderStakeShares ownedBerkshire Hathaway, Inc. (Investm...9.23%400,000,000The Vanguard Group, Inc.7.73%335,122,314BlackRock Fund Advisors4.14%179,646,217SSgA Funds Management, Inc.3.97%171,972,0136 more rows

The Coca-Cola Company is a publicly listed company, meaning there is not one sole owner, but rather the company is 'owned' by thousands of shareholders and investors around the world. However, the largest shareowner of the company is American businessman Warren Buffett.

Our principal shareholders are Kar-Tess Holding and The Coca-Cola Company, which each hold approximately 23 percent of our outstanding ordinary shares.

More info

PricewaterhouseCoopers LLP San Francisco, California Raymond L. Arthur Chief Financial Officer TRANSFER AGENT AND REGISTRAR FOR CLASS A COMMON STOCK

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Santa Clara California Restricted Stock Award Plan of Coca-Cola Enterprises, Inc.