Annualized Total Shareholder Return definition
Annualized Total Shareholder Return means the quotient of (i) the Adjusted Ending Share Value minus the Beginning Share Price, divided by (ii) the Beginning Share Price. Annualized Total Shareholder Return expressed as a formula shall be as follows: Annualized Total Shareholder Return = ((Adjusted Ending Share Value – Beginning Share Price) / Beginning Share Price)) multiplied by (1/3) The share prices and cash dividend payments reflected in the calculation of Annualized Total Shareholder Return shall be adjusted to reflect stock splits during the Performance Period. The number of PRSUs that shall vest shall be equal to the product of (i) the target number of PRSUs, multiplied by (ii) the PRSU Payout (as a percentage of Target # of Shares), with performance that is attained between the specified Performance Levels calculated based on linear interpolation. Annualized TSR Percentile Rank Relative to Peer Group Performance Level PRSU Payout (as a percentage of the Target # of Shares) 50th Percentile Target 100%
Annualized Total Shareholder Return or "Annualized TSR" shall be calculated as follows:
Annualized Total Shareholder Return means the quotient of (i) the Adjusted Ending Share Value minus the Beginning Share Price, divided by (ii) the Beginning Share Price. Annualized Total Shareholder Return expressed as a formula shall be as follows:
Examples of Annualized Total Shareholder Return in a sentence
Annualized Total Shareholder Return at the 50th percentile ranking over the three year performance period or Annualized Total Shareholder Return (TSR) is at least positive over the three year performance period.
Except as expressly provided in the Employment Agreement, the performance goals for the Performance Period (as defined below) shall be based on the Company’s Annualized Total Shareholder Return (“TSR”) for the Performance Period.
More Definitions of Annualized Total Shareholder Return
Annualized Total Shareholder Return or “Annualized TSR” shall be expressed as a percentage and will be calculated using the following formula, rounded to the nearest whole percentile by application of regular rounding: