Verizon TSR Modifier Percentage definition

Verizon TSR Modifier Percentage shall be the percentage, which is based on the Verizon TSR Percentile Ranking, determined as provided in the following table: The 75th percentile or greater 125% The 50th percentile 100% (no modification) The 25th percentile or lower 75% If the Verizon TSR Percentile Ranking is less then 75th percentile but greater than the 50th percentile, or less than the 50th percentile but greater than the 25th percentile, the Verizon TSR Modifier Percentage will be interpolated on a straight-line basis between the respective levels (for example, if the Verizon TSR Percentile Ranking is the 65th percentile, the Verizon TSR Modifier Percentage will be 115%).
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Verizon TSR Modifier Percentage shall be the percentage, which is based on the Verizon TSR Percentile Ranking, determined as provided in the following table: Verizon TSR Percentile Ranking Verizon TSR Modifier Percentage The 75th percentile or greater +25% The 50th percentile 0% (no modification) The 25th percentile or lower -25% If the Verizon TSR Percentile Ranking is less then 75th percentile but greater than the 50th percentile, or less than the 50th percentile but greater than the 25th percentile, the Verizon TSR Modifier Percentage will be interpolated on a straight-line basis between the respective levels (for example, if the Verizon TSR Percentile Ranking is the 65th percentile, the Verizon TSR Modifier Percentage will be +15%).
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Verizon TSR Modifier Percentage shall be the percentage, which is based on the Verizon TSR Percentile Ranking, determined as provided in the following table: Verizon TSR Percentile Ranking Verizon TSR Modifier Percentage The 75th percentile or greater +25% Less than the 75th percentile but greater than the 25th percentile 0% (no modification) The 25th percentile or lower -25% Notwithstanding the foregoing, if the Verizon TSR Percentile Ranking is in the 75th percentile or greater, but the Verizon TSR over the Award Cycle is negative, there will be no modification to the vested percentage of the PSUs.
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Examples of Verizon TSR Modifier Percentage in a sentence

  • For example, if the Participant is granted 1,000 PSUs, and those PSUs are credited with an additional 200 PSUs as a result of DEUs paid over the Award Cycle, and the Verizon EPS Vested Percentage is 125%, the Verizon FCF Vested Percentage is 100%, the Verizon WSR Vested Percentage is 75% and the Verizon TSR Modifier Percentage is +15% (which means that the Verizon TSR Percentile Ranking was the 65th percentile for the Award Cycle), 1380 PSUs shall become vested.

  • For example, if the Participant is granted 1,000 PSUs, and those PSUs are credited with an additional 200 PSUs as a result of DEUs paid over the Award Cycle, and the Verizon EPS Vested Percentage is 125%, the Verizon FCF Vested Percentage is 100%, the Verizon SOR Vested Percentage is 75% and the Verizon TSR Modifier Percentage is +15% (which means that the Verizon TSR Percentile Ranking was the 65th percentile for the Award Cycle), 1380 PSUs shall become vested.