Peer Group TSR definition
Peer Group TSR means the average unweighted cumulative Total Shareholder Return of the Peer Group Companies for the Performance Period.
Peer Group TSR means, for each member of the Peer Group, the average annual return (common stock appreciation/depreciation during the Measurement Period plus dividends paid on a share of common stock during the Measurement Period) over the term of the Measurement Period, expressed as a percentage. For purposes of calculating common stock appreciation/depreciation, the common stock prices for the beginning and end of the Measurement Period shall be the volume-weighted average price of the common stock as reported on the principal securities exchange on which the common stock is listed for the twenty trading days preceding the start or end, as applicable, of the Measurement Period. For purposes of calculating the Peer Group TSR, dividends for the period shall be treated as reinvested. The Peer Group TSR shall be determined in the Company’s reasonable discretion.
Peer Group TSR means the arithmetic average of the TSRs (each as determined using data provided by Bloomberg) of Ashford Hospitality Trust, Chesapeake Lodging Trust, DiamondRock Hospitality Company, Host Hotel & Resorts, Inc., LaSalle Hotel Properties, Strategic Hotels & Resorts, Inc. and Sunstone Hotel Investors, Inc. (the “Peer Group”) over the term of the Measurement Period, expressed as a percentage. If the common stock of any of these companies ceases to be publicly traded during the Measurement Period, such company shall be excluded from the calculation of Peer Group TSR for any year or quarter during the Measurement Period in which its common stock is not publicly traded. For purposes of calculating common stock price appreciation/depreciation, the common stock prices for the beginning and end of each period in the Measurement Period are to be determined by averaging the closing prices for the Peer Group members’ common stock as reported on the NYSE or other applicable principal securities exchange in which the Peer Group members’ common stock is traded for each of the trading days during the last thirty calendar days preceding the start or end, as applicable, of the Measurement Period. For purposes of calculating Company TSR, dividends for the period shall be treated in the same manner as described in paragraph 5(c) with regard to the treatment of dividends when calculating Company TSR. If, before January 1, 2017, a Change in Control occurs, (B) the Participant’s employment by the Company or its Affiliates terminates on account of death or disability or (C) the Participant’s employment by the Company or its Affiliates terminates without Cause as contemplated by paragraph 3(c), the arithmetic average of the TSRs of the Peer Group for the period from the most recent fiscal year end to the end of the Measurement Period shall be annualized for purposes of calculating Peer Group TSR.
Examples of Peer Group TSR in a sentence
The Performance Parameters are based on the comparison of the TSR (as defined below) of the Company relative to the median TSR of the Peer Group (as defined below) during the Performance Period and are equal to 100% plus or minus two times the difference between the Company’s TSR and the median Peer Group TSR.
The Performance Parameters are based on the comparison of the TSR (as defined below) of the Company relative to the median TSR of the Peer Group (as defined below) during the Performance Period and are equal to 100% plus or minus one and a half times the difference between the Company’s TSR and the median Peer Group TSR.
The multi-year TSR of the Company during the Performance Period outperforms the multi-year LTL Peer Group TSR as calculated during the Performance Period by 200 basis points.
The possible “Achievement Levels” for the Performance Period shall be as follows: • For bottom quartile performance (where Company TSR is in the bottom quartile of Peer Group TSR), no payout is earned.
The Participant’s interest in a number of Performance Units, not to exceed 60% of the Target Performance Units, shall become Vested based on Company TSR relative to Peer Group TSR as set forth in this paragraph 2(a).
More Definitions of Peer Group TSR
Peer Group TSR. For each of the companies listed in the peer group, the quotient, expressed as a percentage rounded to the nearest hundredth, determined by dividing (i) the sum of (a) the Final Peer Group Price for each Peer Group company minus the Initial Peer Group Price for each Peer Group company and (b) the aggregate per share amount of all dividends declared and paid by the particular Peer Group Company, if applicable during the Performance Period; by (ii) the Initial Peer Group Price. The Peer Group TSR shall be initially calculated on an individual Peer Group company basis. If a member of the Peer Group companies is acquired or is otherwise no longer publicly traded on a national securities exchange, such Peer Group company shall be removed from the Peer Group and shall not be replaced with another company. Performance Period – The period beginning on __________, 202_ and ending on the Vesting Date; provided, however, that if there is a Change in Control of the Company prior to the Vesting Date, the Performance Period shall be measured as of the date of the Change in Control of the Company. Vesting Date – _________, 20__ or, if earlier, the date of a Change in Control in the Company.
Peer Group TSR means the TSR achieved by the Peer Group Companies during the Performance Period.
Peer Group TSR consists of the following companies:
Peer Group TSR means the arithmetic average of the TSRs (each as determined using data provided by Bloomberg) of Ashford Hospitality Trust, Chesapeake Lodging Trust, DiamondRock Hospitality Company, Host Hotel & Resorts, Inc., LaSalle Hotel Properties, Strategic Hotels & Resorts, Inc. and Sunstone Hotel Investors, Inc. (the “Peer Group”) over the term of the applicable Measurement Period, expressed as a percentage. If the common stock of any of these companies ceases to be publicly traded during the applicable Measurement Period, such company shall be excluded from the calculation of Peer Group TSR for any year or quarter during the applicable Measurement Period in which its common stock is not publicly traded. For purposes of calculating common stock price appreciation/depreciation, the common stock prices for the beginning and end of each period in the applicable Measurement Period are to be determined by averaging the closing prices for the Peer Group members’ common stock as reported on the NYSE or other applicable principal securities exchange in which the Peer Group members’ common stock is traded for each of the trading days during the last thirty calendar days preceding the start or end, as applicable, of the applicable Measurement Period. For purposes of calculating Company TSR, dividends for the period shall be treated in the same manner as described in paragraph 5(c) with regard to the treatment of dividends when calculating Company TSR. If, before January 1, 2020, (A) a Change in Control occurs, (B) the Participant’s employment by the Company or its Affiliates terminates on account of death or disability, or (C) the Participant’s employment by the Company or its Affiliates terminates without Cause as contemplated by paragraph 3(c), the arithmetic average of the TSRs of the Peer Group for the period from the most recent fiscal year end to the end of the applicable Measurement Period shall be annualized for purposes of calculating Peer Group TSR.
Peer Group TSR is the median TSR for all companies in the Peer Group based on each Peer Company TSR.
Peer Group TSR means the arithmetic average of the TSRs (each as determined using data provided by Bloomberg) of Ashford Hospitality Trust, Chesapeake Lodging Trust, DiamondRock Hospitality Company, Host Hotel & Resorts, Inc., LaSalle Hotel Properties, Strategic Hotels & Resorts, Inc. and Sunstone Hotel Investors, Inc. (the “Peer Group”) over the term of the Measurement Period, expressed as a percentage. If the common stock of any of these companies ceases to be publicly traded during the Measurement Period, such company shall be excluded from the calculation of Peer Group TSR for any year or quarter during the Measurement Period in which its common stock is not publicly traded. For purposes of calculating common stock price appreciation/depreciation, the common stock prices for the beginning and end of each period in the Measurement Period are to be determined by averaging the closing prices for the Peer Group members’ common stock as reported on the NYSE or other applicable principal securities exchange in which the Peer Group members’ common stock is traded for each of the trading days during the last thirty calendar days preceding the start or end, as applicable, of the Measurement Period. For purposes of calculating Company TSR, dividends for the period shall be treated in the same manner as described in paragraph 5(c) with regard to the treatment of dividends when calculating Company TSR. If the Measurement Period ends before December 31, 2014, the arithmetic average of the TSRs of the Peer Group for the period from the most recent fiscal year end to the end of the Measurement Period shall be annualized for purposes of calculating Peer Group TSR.
Peer Group TSR means the average unweighted cumulative Total Shareholder Return of the Peer Group Companies for the Performance