Examples of Phantom Equity Plan in a sentence
Represents the impact of the change in value and vesting of phantom equity units pursuant to the Pilot Phantom Equity Plan.
Price at Date of IssuanceVested (95,008) $ 7.27Nonvested at March 31, 2021 471,264$7.19 Phantom Equity On March 15, 2021, the Company’s Board of Directors approved and adopted a Phantom Equity Plan (the “Phantom Plan”).
Participants in the Phantom Equity Plan will participate (based on a granted award percentage) in the common equity value creation of the Company above a dollar threshold determined by the Board or its designee and set forth in the Phantom Equity Plan.
Approval of the Whiting Oil and Gas Corporation Phantom Equity Plan EXECUTIVE OFFICERS OF THE REGISTRANT The following table sets forth certain information, as of February 15, 2004, regarding the executive officers of Whiting Petroleum Corporation: James J.
Capital and Profits Interests: An LLC Phantom Equity Plan Is Generally Preferable to a Restricted Equity PlanThe discussion below first describes, in very general terms, the most significant tax consequences of a typical corporate restricted stock plan and phantom equity plan.