Cumulative TSR definition

Cumulative TSR means ((1*(1 + TSR Year 1)*(1 + TSR Year 2)*(1 + TSR Year 3)) ‑ 1.
Cumulative TSR. = ((1*(1 + TSR Year 1)*(1 + TSR Year 2)*(1 + TSR Year 3)) -1) • For purposes of the Cumulative TSR calculation, "TSR" for a given year shall be calculated as follows: Where “D” is the amount of dividends paid to a shareholder of record with respect to one share of common stock during the Performance Period. For purposes of the calculation above, the "Ending Share Price" for the last year (third year) of performance shall be based on a 20 day trailing average closing stock price. The Absolute TSR Percentage of National Storage Affiliates Trust will be compared with the Absolute TSR Percentage of each company in the MSCI US REIT Index and each SS Peer Company. The relative performance of National Storage Affiliates Trust versus the other companies in the MSCI US REIT Index will be expressed in terms of relative percentile ranking, which shall be applied as set forth in the table in Section 1 above. The relative performance of National Storage Affiliates Trust versus the other SS Peer Companies will be expressed as a relative numerical ranking against the other SS Peer Companies, which shall be applied as set forth in the table in Section 2 above.
Cumulative TSR shall be based on the 30-day average closing stock price of the Shares prior to July 1, 2019 ($34.26) (“Beginning Stock Price”) and the 30-day average closing stock price of the Shares prior to July 1, 2022 (“Ending Stock Price”). Cumulative TSR shall be calculated as follows: ((Ending Stock Price minus Beginning Stock Price ($34.26) plus dividends) divided by Beginning Stock Price ($34.26)) Only whole Units shall be earned in accordance with this Section 2. By way of example and not limitation, earning 66.67% of a Target Award of 100 Units would result in 66 Units being earned and payable.

Examples of Cumulative TSR in a sentence

  • Daily returns are calculated over the performance cycle and added together resulting in the Cumulative TSR for the performance cycle.

  • The table below is used to determine the applicable payout percentage, which is then multiplied by 50% to determine the Cumulative TSR - Peer Group weighted payout percentage for purposes of the Composite TSR Percentage.

  • Recipient will have the ability to earn one-quarter ( 1⁄4) of the TSR Metric Target Award in each of the 1st TSR Performance Period, 2nd TSR Performance Period, 3rd TSR Performance Period, and for the Cumulative TSR Performance Period.

  • By way of example (assuming Cumulative TSR of 60 per cent): Annualised TSR equals the cube root of 1 plus 0.60, which equals 1.17, minus 1 which equals 17 per cent.

  • Subject to Section 7, the amount to be distributed to a Participant will be based on the following performance conditions (the “Performance Conditions”): (i) the Company’s total shareholder return (“Total Shareholder Return,” or “TSR”) relative to the TSR of a peer group (“Relative TSR”), calculated as described in Attachment A for the Performance Period, and (ii) the Company’s Cumulative TSR Per Share, calculated as described in Attachment B for the Performance Period.

  • The term “ TSR Performance Period” shall refer to each of the Cumulative TSR Performance Period, 1st TSR Performance Period, 2nd TSR Performance Period and 3rd TSR Performance Period, and the term “TSR Performance Periods” shall refer to each of these in the collective.

  • The table below is used to determine the applicable payout percentage, which is then multiplied by 25% to determine the 3 Year Cumulative TSR - Peer Group weighted payout percentage for purposes of the Composite TSR Percentage.

  • Cumulative TSR for these awards will be measured from the quarter in which the grant was made to the vesting date and compared to the peer group companies.· The STIP total payout is capped at 200 percent of target.

  • Example: Date Closing Price Dividend Daily TSR 11/23/2007 21.08 0 NA 11/26/2007 20.90 0 (0.8539 %) 11/27/2007 21.09 0.15 1.6268 %* 11/28/2007 21.54 0 2.1337 % 11/29/2007 21.38 0 (.7428 %) 11/30/2007 21.38 0 0.00 % Cumulative TSR 11/23/2007 to 11/30/2007 2.1347 % * [(21.09 + 0.15) / 20.90] -1 ACCEPTANCE AND ACKNOWLEDGMENT I, a resident of the state of , accept the Performance Award described in this Agreement and in the Plan, and acknowledge that I have received a copy of this Agreement and the Plan.

  • The “ Cumulative TSR Performance Period” shall mean the three (3) year period from , 20 through , 20 .


More Definitions of Cumulative TSR

Cumulative TSR shall be based on the 30-day average closing stock price of the Shares prior to July 1, 2018 ($46.58) (“Beginning Stock Price”) and the 30 day average closing stock price of the Shares prior to July 1, 2021 (“Ending Stock Price”). Cumulative TSR shall be calculated as follows: ((Ending Stock Price minus Beginning Stock Price ($46.58) plus dividends) divided by Beginning Stock Price ($46.58))
Cumulative TSR shall be based on the 30-day average closing stock price of the Shares prior to July 1, 2016 ($19.74) (“Beginning Stock Price”) and the 30-day average closing stock price prior to July 1, 2019 (“Ending Stock Price”). Cumulative TSR shall be calculated as follows: ((Ending Stock Price minus Beginning Stock Price ($19.74) plus dividends) divided by Beginning Stock Price ($19.74)) Only whole Performance Shares shall be earned in accordance with this Section 2. By way of example and not limitation, earning 66.67% of a Target Award of 100 Performance Shares would result in delivery of 66 Performance Shares.
Cumulative TSR shall be based on the 30-day average closing stock price of the Shares prior to [FIRST DAY OF PERFORMANCE PERIOD] ($XX.XX) (“Beginning Stock Price”) and the 30-day average closing stock price of the Shares prior to [LAST DAY OF PERFORMANCE PERIOD] (“Ending Stock Price”). Cumulative TSR shall be calculated as follows: ((Ending Stock Price minus Beginning Stock Price ($XX.XX) plus dividends) divided by Beginning Stock Price ($XX.XX)) Coherent Corp. PSU (Sample rTSR/Share-Settled) Only whole Units shall be earned in accordance with this Section 2. By way of example and not limitation, earning 66.67% of a Target Award of 100 Units would result in 66 Units being earned and payable.

Related to Cumulative TSR

  • CAGR means compound annual growth rate;

  • Total Shareholder Return means the total return (change in share price plus reinvestment of any dividends) of a Share.

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;