Examples of Director DSU Plan in a sentence
DSU awards under the 2014 Director DSU Plan are accounted for as equity-settled stock-based transactions.
DSUs granted under the 2014 Director DSU Plan will continue to be governed by the terms of the 2014 Director DSU Plan.
DSU awards under the 2021 Director DSU Plan are accounted for as cash-settled stock-based transactions with the related liability revalued to fair value at the end of each reporting period.
Other Stock-based Compensation – Director DSU Awards In February 2021, the Board of Directors modified its director compensation program by replacing the 2014 Director DSU Plan (as defined below) with a director deferred share unit plan that provides for the settlement of DSUs in cash only (the “2021 Director DSU Plan”) for future grants.
The last award of DSUs under the 2014 Director DSU Plan was made on March 12, 2020.