Wayne, Michigan Restricted Stock Award Plan is a program offered by Coca-Cola Enterprises, Inc. to its employees residing in Wayne, Michigan. This plan allows eligible employees to receive restricted stock awards as a part of their compensation package. Under the Wayne Michigan Restricted Stock Award Plan, eligible employees are granted restricted stock units (RSS) which represent a specific number of shares of Coca-Cola Enterprises, Inc. stock. This RSS is subject to certain restrictions and vesting conditions, determining when and how the employee can fully own the stock. The Wayne Michigan Restricted Stock Award Plan aims to provide employees with long-term incentives to motivate and reward their contribution to the company's success. By granting RSS, Coca-Cola Enterprises, Inc. aligns the interests of its employees with that of its shareholders, encouraging them to work towards the company's growth and profitability. The plan includes various types of restricted stock awards, including performance-based and time-based awards. Performance-based awards are granted based on the attainment of specified performance goals, such as revenue targets or profitability metrics. Time-based awards, on the other hand, vest over a specified period of time, often in annual increments, irrespective of performance goals. Employees participating in the Wayne Michigan Restricted Stock Award Plan need to adhere to the terms and conditions laid out by Coca-Cola Enterprises, Inc. This includes remaining employed by the company for a specific period of time, usually referred to as the vesting period. During this time, employees cannot sell, transfer, or pledge their RSS. Once the RSS are vested, employees gain full ownership of the underlying Coca-Cola Enterprises, Inc. stock, and they can choose to retain or sell the shares. The Wayne Michigan Restricted Stock Award Plan aims to enhance employee retention, engagement, and loyalty by offering an attractive long-term incentive. It aligns the interests of employees and shareholders, fostering a sense of ownership and accountability among the workforce. Furthermore, this plan encourages employees to contribute to the company's growth and overall success, contributing to a positive work environment. In conclusion, the Wayne Michigan Restricted Stock Award Plan offered by Coca-Cola Enterprises, Inc. is designed to reward and motivate employees by granting them restricted stock units (RSS). With both performance-based and time-based awards, this plan aligns the interests of employees and shareholders, promoting long-term commitment and fostering a culture of ownership within the Wayne, Michigan Coca-Cola Enterprises, Inc. community.
Wayne Michigan Restricted Stock Award Plan of Coca-Cola Enterprises, Inc.
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How to fill out Wayne Michigan Restricted Stock Award Plan Of Coca-Cola Enterprises, Inc.?
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How Often Does Coca Cola Pay Dividends? Coke pays dividends 4 times per year. This frequency is typical for most US-based dividend stocks.
STOCK PURCHASE PROGRAM Your payroll deductions will purchase shares of PepsiCo stock at the market price. Invest as little as $5 per week ($10 per bi-weekly paycheck). No commissions or other fees on purchases or dividends.
Here's how they work: When you're given RSUs by your employer, they're issued according to a vesting schedule. Coca-Cola employees are subject to a three-year vesting schedule. So, at the end of the three years, your RSUs fully vest and become available to the employee to sell or hold.
Top 10 Owners of Coca-Cola Co StockholderStakeShares ownedWellington Management Co. LLP1.59%68,849,098JPMorgan Investment Management, I...1.44%62,134,047Charles Schwab Investment Managem...1.21%52,512,990Northern Trust Investments, Inc.(...1.07%46,234,7566 more rows
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.
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.
Benefits Summary for The Coca-Cola Company Severance Pay. Health Insurance. Dental Insurance. Life Insurance. Vision Insurance. Temporary Disability Insurance. Long-term Disability Insurance. Accidental Death & Dismemberment Insurance.
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.
Top 10 Owners of Coca-Cola Co StockholderStakeShares ownedBerkshire Hathaway, Inc. (Investm...9.25%400,000,000The Vanguard Group, Inc.7.93%342,813,617BlackRock Fund Advisors4.61%199,523,725SSgA Funds Management, Inc.3.95%170,684,3826 more rows
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.