TSR Calculation Sample Clauses
The TSR Calculation clause defines the method for determining Total Shareholder Return (TSR) over a specified period. Typically, this involves measuring the change in a company's share price plus dividends paid, adjusted for stock splits or similar events, and comparing it to a benchmark or peer group. This clause ensures a standardized and transparent approach to calculating TSR, which is often used in performance-based compensation plans or financial reporting, thereby providing clarity and consistency in evaluating company performance.
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TSR Calculation. The final payout of PARSUs will be determined based on the Adjusted EPS Units, as further adjusted based upon performance against the TSR goal. The TSR goal is based upon the Company’s TSR ranking relative to the TSR Peer Group for the Performance Period. <25th percentile of the TSR Peer Group -50% to the final 3-year average EPS performance 25th to 75th percentile of the TSR Peer Group No adjustment to the final 3-year average EPS performance >75th percentile of the TSR Peer Group +50% to the final 3-year average EPS performance The TSR shall be calculated as follows, where:
TSR Calculation. For purposes of calculating TSR, TSR will be expressed as a factor, which will be (i) increased by 1 if the resulting TSR is zero or a positive number, or (ii) subtracted from 1 if the resulting TSR is a negative number, provided that the absolute value of the resulting negative TSR number will be subtracted from 1. See Example 1 below which illustrate the methodology for calculating TSR.
TSR Calculation. TSR performance shall be calculated as the compounded annual growth rate, expressed as a percentage (rounded to the nearest tenth of a percent (0.1%)), in the value per share during the Performance Period due to the appreciation in the price per share and dividends paid during the Performance Period, assuming dividends are reinvested. “D” is the amount of dividends paid to a shareholder of record of the Company with respect to one share during the Performance Period. The absolute TSR percentage is calculated pursuant to the formula set forth below. Cumulative TSR = ((1+TSR Year 1)*(1+TSR Year 2)*(1+TSR Year 3))-1 =(1+Cumulative TSR)^(1/3)-1 TSR shall be calculated as follows: (Ending Share Price+D)/Beginning Share Price-1 The performance for the companies comprising the NAREIT Office Index shall be calculated in the same manner as described above and the difference between the absolute TSR of the Company and the average absolute TSR for the companies within the NAREIT Office Index, expressed in terms of relative percentile ranking, shall be applied to the matrix set forth above. Only companies that are public throughout the entire Performance Period shall be included for purposes of calculating the relative TSR comparison (i.e., companies that may become acquired, have an initial public offering, etc. during the Performance Period shall be excluded from the calculation altogether). For purposes of the calculation above, the Beginning Share Price for TSR Year 1 shall be the closing stock price on the Grant Date, the Beginning Share Price for TSR Year 2 shall be the Ending Share Price for TSR Year 1, and the Beginning Share Price for TSR Year 3 shall be the Ending Share Price for TSR Year 2. For purposes of the calculation above, the Ending Share Price for TSR Year 1 shall be the closing stock price as of the last trading day of TSR Year 1, the Ending Share Price for TSR Year 2 shall be the closing stock price as of the last trading day of TSR Year 2, and the Ending Share Price for TSR Year 3 shall be based on a 40-day trailing average closing stock price as of the last trading day of TSR Year 3.
TSR Calculation. TSR performance shall be calculated as the compounded annual growth rate, expressed as a percentage (rounded to the nearest tenth of a percent (0.1%)), in the value per share during the Performance Period due to the appreciation in the price per share and dividends paid during the Performance Period, assuming dividends are reinvested. “D” is the amount of dividends paid to a shareholder of record of the Company with respect to one share during the Performance Period. The absolute TSR percentage is calculated pursuant to the formula set forth below. Cumulative TSR = ((1*(1+TSR Year 1)*(1+TSR Year 2)*(1+TSR Year 3))-1) =(1*(1+Cumulative TSR))^(1/3)-1 TSR for a given year shall be calculated as follows:
TSR Calculation. TSR = ((Average closing stock price of the Company or Peer Group Company, as applicable, for the last 30 trading days of the applicable Performance Period /Average closing stock price of the Company or Peer Group Company, as applicable, for the last 30 trading days prior to the commencement of the Performance Period) - 1) (rounded to the nearest one decimal point) Median TSR = The median TSR of the TSR of the Peer Group Companies over the applicable Performance Period. In the event there are an even number of Peer Group Companies, the Median TSR shall equal the TSR of the two Peer Group Companies closest to the median, divided by 2. For the avoidance of doubt, the Peer Group as determined at the beginning of the Performance Period shall continue to apply throughout the Performance Period, regardless of whether any merger, acquisition, business combination transaction or liquidation of a Peer Group Company occurs during the Performance Period.
TSR Calculation. TSR will be calculated by using the average stock price over the first 30 days and the last 30 days of the Performance Period.
TSR Calculation. TSR performance shall be calculated as the compounded annual growth rate, expressed as a percentage (rounded to the nearest tenth of a percent (0.1%)), in the value per share during the Performance Period due to the appreciation in the price per share and dividends paid during the Performance Period, assuming dividends are reinvested. “D” is the amount of dividends paid to a shareholder of record of the Company with respect to one share during the Performance Period. The absolute TSR percentage is calculated pursuant to the formula set forth below.