Examples of Total Shareholder Return in a sentence
To determine such relative Total Shareholder Return, the Committee will calculate the Total Shareholder Return of the Company and each member of the Comparator Group for the Performance Period, and the Company and each member of the Comparator Group will be ranked in order of maximum to minimum according to their respective Total Shareholder Return for the Performance Period, with the company with the highest return ranked as 1.
If any Performance Share Units are earned based on the above criteria, the number of Performance Share Units earned will be modified up or down as follows based on Kohl’s Relative Total Shareholder Return against a group of selected retailers (the “TSR Modifier Group”, as defined below) during the Performance Period.
By: /s/ XXXXXXX XXXXX Xxxxxxx Xxxxx Executive Vice President and Chief Financial Officer Exhibit A Total Shareholder Return Goals* Intuit’s TSR Percentile Rank Shares Eligible to Vest as a Percent of Target Maximum 100.0 200.0% 95.0 187.5% 90.0 175.0% 85.0 162.5% 80.0 150.0% 75.0 137.5% 70.0 125.0% 65.0 112.5% Target 60.0 100.0% 55.0 95.0% 50.0 90.0% 45.0 80.0% 40.0 70.0% 35.0 60.0% 30.0 50.0% 25.0 40.0% Threshold <25.0 0.0% *Linear interpolation between points shown.
An annual grant of market-based performance stock units (“PSU”) in a target amount of 40% of Base Salary of EUR 337.000 that amounts to EUR 134.800 (USD 148,2801) with payout based on Adtran’s relative Total Shareholder Return (“TSR”) performance compared to the Nasdaq Telecommunications Index over a 3-year performance period from January 26, 2024, to January 26, 2027 ("Annual PSU Grant”).
An annual grant of market-based performance stock units (“market-based PSU”) in a target amount of 40% of Base Salary of USD 410,000 that amounts to USD 164,000 (EUR 149.0911) with payout based on Adtran’s relative Total Shareholder Return (“TSR”) performance compared to the Nasdaq Telecommunications Index over a 3-year performance period from January 26, 2024, to January 26, 2027 ("Annual PSU Grant”).