Intel TSR definition
Examples of Intel TSR in a sentence
If the Intel TSR equals 100.5%, the conversion rate is 100%, so that your RSUs convert into the right to receive 100% of the Target Number of Shares.
If the Intel TSR is less than the CG TSR, the conversion rate shall be 100% minus two times the difference in percentage points.
If the Intel TSR is 90%, the difference is 10 percentage points and the conversion rate is 80%, so that your RSUs convert into the right to receive 80% of the Target Number of Shares.
Accordingly, if the S&P 500 IT TSR exceeds the Intel TSR by 25 or more percentage points, then the conversion rate will be 0%.
If the Intel TSR and CG TSR are within 1 percentage point, the conversion rate shall be 100%.
If the Intel TSR is 105%, the difference is 5 percentage points and the conversion rate is 115%, so that your RSUs convert into the right to receive 115% of the Target Number of Shares.
If the Intel TSR is greater than the CG TSR, the conversion rate shall be 100% plus three times the difference in percentage points.
If the Intel TSR and Tech 15 TSR are within 1 percentage point, the conversion rate shall be 100%.
If the Intel TSR is less than the Tech 15 TSR, the conversion rate shall be 100% minus two and half times the difference in percentage points.
If the Intel TSR is 70%, the difference is more than 25 percentage points, so the conversion rate is 0%.