Absolute TSR Sample Clauses
The Absolute TSR clause defines how a party’s performance is measured based on its Total Shareholder Return (TSR) over a specified period, without reference to the performance of peers or a benchmark index. In practice, this clause sets out the calculation method for TSR, typically considering share price appreciation and dividends paid, and establishes performance targets or thresholds that trigger certain outcomes, such as vesting of equity awards or incentive payouts. Its core function is to provide an objective, transparent metric for evaluating financial performance, ensuring that rewards or penalties are directly tied to the company’s own shareholder returns rather than relative market movements.
Absolute TSR. Absolute TSR is the Performance Criterion applicable to the balance of the Performance Stock Units, and is determined by subtracting the Base Price of $6.08 per share from the closing price on the last day of trading during the applicable period. This difference will then be divided by the Base Price of $6.08 per share and multiplied by 100 to determine the Absolute TSR as a percent of growth in the stock price over the applicable period. The Company’s Absolute TSR is a Performance Criterion that will not be compared to similar Peer Company performance over the applicable period.
Absolute TSR. All unvested PRSUs subject to this Award that are outstanding as of the date immediately following the last day of the Performance Period shall be forfeited and cancelled for no consideration.
Absolute TSR. The Absolute TSR Percentage will be determined based on the INVH TSR for the Performance Period as follows:
(i) If the INVH TSR for the Performance Period is 17% or less, then the Absolute TSR Percentage shall be 0%.
(ii) If the INVH TSR for the Performance Period is 37% or more, then the Absolute TSR Percentage shall be 100%. If the INVH TSR for the Performance Period falls between the two examples set forth above, then the Absolute TSR Percentage shall be determined using linear interpolation (and rounded to the nearest whole percentage point). For example, if the INVH TSR for the Performance Period is 27%, then the Absolute TSR Percentage shall be 50%.
Absolute TSR. Absolute TSR is the Performance Criterion applicable to the balance of the Performance Stock Units and is determined by subtracting the VWAP of the Company’s shares for the first 30 consecutive trading days immediately preceding the beginning of the applicable period from the VWAP of the Company’s shares for the last 30 consecutive trading days immediately preceding the end of the applicable period. This difference will then be divided by the VWAP of the Company’s shares for the first 30 consecutive trading days immediately preceding the beginning of the applicable period and multiplied by 100 to determine the Absolute TSR as a percent of growth in the stock price over the applicable period. The Company’s Absolute TSR is a Performance Criterion that will not be compared to similar Peer Company performance over the applicable period.
Absolute TSR. Absolute TSR shall be determined based on the following formula and shall be expressed as a percentage: Where:
Absolute TSR. To determine the number of Performance Shares earned based upon Absolute TSR, the Target Number of Performance Shares under this Award shall first be multiplied by 50%. Following the determination of TSR, Absolute TSR shall be determined based on the following chart. Interpolation shall be used in the event the percent does not fall directly on one of the percentages listed in the table below and in no event will the payout as a percent of target exceed 200%. 24 % and above 200 % 21 % 175 % 18 % 150 % 15 % 125 % 12 % 100 % 9 % 75 % 6 % 50 % <6 % 0 %
Absolute TSR. ATSR is determined by dividing (1) the sum of (a) the cumulative amount of the per share dividends of the Company for the applicable period assuming same-day reinvestment into the Company’s common stock on the ex-dividend date and (b) the VWAP of the Company’s shares for the last 30 consecutive trading days immediately preceding the end of the applicable period minus the VWAP of the Company’s shares for the first 30 consecutive trading days immediately preceding the beginning of the applicable period, by (2) the VWAP of the Company’s shares for the first 30 consecutive trading days immediately preceding the beginning of the applicable period. .
Absolute TSR. To determine the number of Performance Units earned based upon Absolute TSR, the Target Award shall first be multiplied by [●]% (such product, the “Target Absolute Award”). Following the determination of TSR, the amount of the Target Absolute Award earned shall be determined based on the following chart. Interpolation shall be used in the event the percent does not fall directly on one of the percentages listed in the chart and in no event will the payout as a percent of the Target Absolute Award exceed [●]%.
Absolute TSR. Fifty percent (50%) of the Target Number of Restricted Stock Units that may be earned will be based on our total shareholder return (“TSR”) at the conclusion of the Performance Period (the “Absolute TSR”), and shall be characterized as “Absolute TSR RSUs”. The Absolute TSR shall be determined as follows: For purposes of the foregoing calculation:
Absolute TSR. Absolute TSR is the Performance Criterion applicable to the balance of the Performance Stock Units and is determined by subtracting the dividend-adjusted VWAP of the Company’s shares for the first 30 consecutive trading days immediately preceding the beginning of the applicable period from the dividend-adjusted VWAP of the Company’s shares for the 30 consecutive trading days immediately preceding the end of the applicable period. This difference will then be divided by the dividend-adjusted VWAP of the Company’s shares for the first 30 consecutive trading days immediately preceding the beginning of the applicable period and multiplied by 100 to determine the Absolute TSR as a percent of growth in the stock price over the applicable period. The Company’s Absolute TSR is a Performance Criterion that will not be compared to similar Peer Company performance over the applicable period.