Examples of Target Relative TSR in a sentence
Relative TSR less than 30% (“Threshold TSR”) 0 Relative TSR 30% or greater but less than 50% 50%-99% of TSR Target Relative TSR 50% (“Target TSR”) or greater but less than 70% 100%-149% of TSR Target Relative TSR Greater than 70% (“Maximum TSR”) 150% of TSR Target The number of performance shares earned will be interpolated on a linear basis for performance between Threshold and Target and between Target and Maximum.
Relative TSR PSUsThe number of PSUs that are earned and vest based on the achievement of Relative TSR attained by the Company during the TSR Performance Period (the “Relative TSR PSUs”) shall be determined by multiplying the number of Target Relative TSR PSUs by the Relative TSR Performance Vesting Percentage, as determined in accordance with the below table.
Relative TSR less than 30% (“Threshold TSR”) 0 Relative TSR 30% or greater but less than 50% 50%-99% of Target Relative TSR 50% (“Target TSR”) or greater but less than 70% 100%-149% of Target Relative TSR Greater than 70% (“Maximum TSR”) 150% of Target The number of performance shares earned will be interpolated on a linear basis for performance between Threshold and Target and between Target and Maximum.
Relative TSR PSUs The number of PSUs that are earned and vest based on the achievement of Relative TSR attained by the Company during the TSR and DE&I Performance Period (the “Relative TSR PSUs”) shall be determined by multiplying the number of Target Relative TSR PSUs by the Relative TSR Performance Vesting Percentage, as determined in accordance with the below table.
Relative TSR Chart * If Total Shareholder Return falls between Threshold Relative TSR and Target Relative TSR or between Target Relative TSR and High Relative TSR, the number of Earned Unvested Profits Interest Units under the Relative TSR Chart shall be determined in accordance with a separate written interpolation methodology established by the Company in connection with valuing the Profits Interest Units as of the Grant Date.
Any Service Provider believing that there is any ambiguity, inconsistency or error in this RFP shall promptly notify the City in writing of such apparent discrepancy.
If the Company’s TSR is negative for the Performance Period, the Percentage of Target Relative TSR Performance Share Units Earned shall be capped at no greater than 100%.
Relative TSR Chart * If Relative Total Shareholder Return falls between Threshold Relative TSR and Target Relative TSR or between Target Relative TSR and High Relative TSR, the number of Earned Unvested Restricted Units under the Relative TSR Chart shall be determined in accordance with a separate written interpolation methodology established by the Company in connection with valuing the Restricted Units as of the Grant Date.
If the Company’s TSR is negative for the Performance Period, the Percentage of Target Relative TSR Performance Share Units Earned shall be capped at no greater than 100%.3.1 “Relative TSR” means the percentile rank of the Company’s TSR for the Performance Period as compared to the TSR of each of the other companies included in the OSX Index plus NOW Inc.