Weighted Average Percentile Rank definition
Examples of Weighted Average Percentile Rank in a sentence
For example, at the conclusion of the Performance Period, if the Company’s Percentile Rank in the Custom Real Estate Group were 65%, and the Company’s Percentile Rank in the S&P 500 Group were 50%, the Company’s Weighted Average Percentile Rank would be calculated as follows: [(.65 x .60) + (.50 x .40)] x 100 = 59%.
The percent of Restricted Shares that vest shall then be determined based on the following chart: 75th and above 100 % 70th 90 % 65th 80 % 60th 70 % 55th 60 % 50th 50 % 45th 42.5 % 40th 35 % 35th 27.5 % 30th 20 % 25th 12.5 % Below 25th 0 % Interpolation shall be used to determine the percent of Restricted Shares that vest in the event the Company’s Weighted Average Percentile Rank does not fall directly on one of the ranks listed in the above chart.
The percent of shares of Restricted Stock that vest shall then be determined based on the following chart: 75th and above 100 % 70th 90 % 65th 80 % 60th 70 % 55th 60 % 50th 50 % 45th 42.5 % 40th 35 % 35th 27.5 % 30th 20 % 25th 12.5 % Below 25th 0 % Interpolation shall be used to determine the percent of shares of Restricted Stock that vest in the event the Company’s Weighted Average Percentile Rank does not fall directly on one of the ranks listed in the above chart.
For example, at the conclusion of the Performance Period, if the Company’s Percentile Rank in the S&P Super Composite Homebuilder Index were 65%, and the Company’s Percentile Rank in the S&P 500 Index were 50%, the Company’s Weighted Average Percentile Rank would be calculated as follows: [(.65 x .60) + (.50 x .40)] x 100 = 59%.
For example, at the conclusion of the Performance Period, if the Company’s Percentile Rank in the Peer Group were 65% , the Company’s Percentile Ran in the 2000 Group were 50%, the Company’s Weighted Average Percentile Rank would be calculated as follows: [.65 x .60) + (.50 x .40)] x 100 = 59%.