Annualized TSR definition
Annualized TSR means: (i) the sum of (A) 1.00 plus (B) the Total Stockholder Return (as defined below) for the Performance Period or the Shortened Performance Period, as applicable, with the sum of (A) and (B) raised to the power of 365/x, minus (ii) 1.00, where “x” is equal to the number of days that has elapsed in the Performance Period or the Shortened Performance Period, as applicable. “Total Stockholder Return” means, with respect to each share of Common Stock, a rate of return reflecting stock price appreciation, plus the reinvestment of dividends in additional shares of stock, from the beginning of the Performance Period through the end of the Performance Period or the Shortened Performance Period, as applicable. For purposes of calculating Total Stockholder Return, the beginning stock price will be based on the volume weighted average price of the Common Stock for the 20 trading days immediately preceding the first trading day of the Performance Period on the principal stock exchange on which the Common Stock then trades and the ending stock price will be based on the volume weighted average price of the Common Stock for the 20 trading days immediately preceding the last trading day of the Performance Period or the Shortened Performance Period, as applicable, on the principal stock exchange on which the Common Stock then trades (in each case, as calculated by the Committee). For this purpose, (x) dividends will be deemed reinvested at the closing price of the last day of the month after the “ex dividend” date, (y) all cash special dividends shall be treated like regular dividends, and (z) all spin-offs or share-based dividends shall be assumed to be sold on the issue date and reinvested in the issuing company that same date.
Annualized TSR shall be the Company’s annualized total shareholder return, calculated as follows: Ending Average Stock Price+Reinvested Dividend AmountBeginning Average Stock Price1/n-1 where n is equal to 3, which is the number of years over which Annualized TSR is measured.
Annualized TSR means annualized total shareholder return of UGI common stock, calculated as the ((A) Closing Stock Price for the relevant measurement period plus (B) Cumulative Dividends Paid to Date/Beginning Stock Price)^(1/Full + Partial Years) - 1.
Examples of Annualized TSR in a sentence
Notwithstanding anything to the contrary in the Agreement (including this Exhibit A), in the event that the Company’s Annualized TSR for the Performance Period is equal to or less than the Plan Activation Hurdle, none of the Performance Stock Units will be earned or eligible to vest, and the Award shall be forfeited on the Determination Date for no consideration, except as otherwise determined by the Committee.
More Definitions of Annualized TSR
Annualized TSR means total shareholder return (assuming reinvestment of all dividends), computed on an annualized basis for any Measurement Period (or applicable portion thereof, in the case of a company that is added to the Comparator Group after a Measurement Period has begun). The Annualized TSR for the Company for any Measurement Period shall be determined using (A) the VWAP for the Common Stock for the 30 days ended December 31, [2022] and
Annualized TSR shall be calculated as follows:
Annualized TSR means the compound annual growth rate, calculated as: ◾ the quotient obtained by dividing (i) the ending stock price of the Company (or the Index, if applicable), plus all cash dividends paid on a share of common stock during the Performance Period by (ii) the beginning stock price of the Company (or the Index, if applicable), ◾ to the power of one-third (1/3) (the “Applicable Fraction”), which reflects a three-year Performance Period, ◾ minus one (1). Both the beginning and ending stock prices will be calculated using the VWAP on the first day and the last day of the Performance Period, respectively. The Annualized TSR shall be expressed as a percentage.