Performance Share Plan definition
Examples of Performance Share Plan in a sentence
Under the Performance Share Plan (SCI PSP 2010), the awards granted conditional on performance targets are set based on medium-term corporate objectives at the start of each rolling three-year performance qualifying period.
Senior management participants are required to hold a minimum percentage of the shares released to them under the Performance Share Plan to maintain a beneficial ownership stake in the Group, for the duration of their employment or tenure with the Group.
Restricted Share PlanSimilar to the Performance Share Plan, the fair value of equity-related compensation is measured using the Monte Carlo simulation method as at the date of the grant.
The Performance Share Plan 2015 was available for all the members of the SLT and one other manager, excluding the chief executive officer.
Performance Share PlanThe Board of Directors decides each year whether registered shares or participation certificates will be granted under the Performance Share Plan.