Examples of Phantom Equity Plan in a sentence
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.
The Company has been allocated compensation expense related to the Phantom Equity Plan based on the specific identification of participants who provided or are providing services to the Company.
As such, no future benefits will accrue under the Phantom Equity Plan other than the continued vesting of existing grants.
LDH Energy accounts for grants under the Phantom Equity Plan as liability awards under ASC 718–Compensation-Stock Compensation and uses fair value to measure compensation expense related thereto.
These increases were statistically significant except in relation to setting and achieving goals, and reliabilitye.