FFO Per Share definition

FFO Per Share means, with respect to each diluted share of beneficial interest in PREIT, “funds from operations” of PREIT for its fiscal year ending December 31, 2013, as reported to the public by PREIT after the end of the fiscal year.

FFO Per Share means, with respect to each diluted share of beneficial interest in PREIT, “funds from operations” of PREIT, as reported to the public by PREIT for 2010.

FFO Per Share for any Contract Year or for any calendar quarter shall equal the amount of the Funds From Operations for such period, divided by the Weighted Average Number of Shares Outstanding for such period.

Examples of FFO Per Share in a sentence

• If the Company achieves FFO Per Share performance that falls between the foregoing levels, the FFO Performance Multiplier will be determined by linear interpolation between the applicable levels.

• The Committee shall have the authority, in its sole discretion, to adjust the Threshold, Target and Outperformance levels for FFO Per Share set forth in this award if and to the extent that, in the sole judgment of the Committee, the reported FFO Per Share does not reflect the performance of PREIT for 2013 in a manner consistent with the purposes of this award.

• The Executive Compensation and Human Resources Committee (the “Committee”) shall have the authority, in its sole discretion, to adjust the Threshold, Target and Outperformance levels set forth in this award if and to the extent that, in the sole judgment of the Committee, the reported FFO Per Share does not reflect the performance of PREIT for 2010 in a manner consistent with the purposes of this award due to the effect of any unusual or nonrecurring transaction or occurrence on the reported FFO Per Share.

• FFO Per Share growth of 21.7% to $0.73 for the three months ended March 31, 2022, compared to the same period in 2021.

• Although FFO Per Share is the primary business performance factor for determining incentive compensation for 2013 relating to your Corporate Salary Portion, it is not expected to be the sole Relevant Factor and its importance may be impacted materially by the combined effect of other Relevant Factors.

More Definitions of FFO Per Share

FFO Per Share means FFO per share (computed in accordance with generally accepted accounting principles), as calculated in accordance with the standards established by the National Association of Real Estate Investment Trusts and in a manner generally consistent with the FFO per share calculations set forth in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and/or any supplemental information filed in connection therewith.

FFO Per Share for any calendar year shall mean "funds from operations" of the Trust for such year, as such amount is calculated and publicly disclosed by the Trust from time to time, divided by the average number of Common Shares and Equivalents outstanding during such calendar year.

FFO Per Share for any calendar year (or portion thereof) means the "Funds From Operations" (as hereinafter defined) of the Company for such calendar year (or such portion), as shown in the financial statements prepared in the ordinary course of business in accordance with the guidelines of the National Association of Real Estate Investment Trusts ("NAREIT"), divided by a number equal to the weighted average number of fully diluted shares during such year as shown on such financial statements without giving effect to any stock splits, stock dividends or similar events.

FFO Per Share means, with respect to each diluted share of beneficial interest in PREIT (a “Share”), “funds from operations” of PREIT, as reported to the public by PREIT for 2006. However, the Threshold, Target and Outperformance levels set forth in this award with respect to the achievement of specified levels of FFO Per Share may be modified by the Committee, after consultation with an independent compensation consultant selected by the Committee, in the event that PREIT acquires, directly or indirectly, by purchase or business combination, properties or businesses to a greater extent than contemplated in PREIT’s 2006 business plan.

FFO Per Share for any year means the Company's funds from operations per share on a diluted basis for the year, computed on a basis consistently applied and as publicly reported by the Company. If the Company changes the manner in which it computes FFO Per Share for any year, the Committee shall adjust FFO Per Share for the previous year as appropriate in order to achieve comparability of results.

FFO Per Share for any fiscal year, means (i) the Company's consolidated net income, computed in accordance with generally accepted accounting principles, before gain or loss on sale of properties and extraordinary items, depreciation and other non-cash items, including the Company's pro rata share of the funds from operations (determined in accordance with this clause) for such fiscal year of (A) any unconsolidated subsidiary and (B) any entity for which the Company accounts by the equity method of accounting, divided by (ii) the weighted average number of Common Shares outstanding on a diluted basis during such fiscal year; and "Transferred Assets" means the assets owned by the Company and its subsidiaries on the date hereof. FFO Per Share for the Company's fiscal year ending December 31, 1999 shall be calculated on a pro forma basis adjusted as if the transactions described in the notes to the unaudited pro forma consolidated financial statements of the Company contained in the Company's Registration Statement No. 333- 69703 filed with the Securities and Exchange Commission (as amended through the date hereof) had occurred as of January 1, 1999. The Advisory Fee shall be computed and paid by the Company on a year to date basis within thirty (30) days following the end of each fiscal month. These computations shall be based upon the Company's monthly or quarterly financial statements, as the case may be, and shall be in reasonable detail. The Incentive Fee shall be computed and paid by the Company within thirty (30) days following the public availability of the Company's annual audited financial statements for each fiscal year. A copy of the computations shall promptly be delivered to the Advisor accompanied by payment of the Fees shown thereon to be due and payable. The aggregate Fees paid for each fiscal year shall be subject to adjustment as of the end of each that year. On or before the 30th day after public availability of the Company's annual audited financial statements for each fiscal year, the Company shall deliver to the Advisor an Officer's Certificate (a "Certificate") reasonably acceptable to the Advisor and certified by an authorized officer of the Company setting forth (i) the Annual Average Transferred Assets, the Annual Average Invested Capital and FFO Per Share for the Company's fiscal year ended upon the immediately preceding December 31, and (ii) the Company's computation of the Fees payable for the fiscal year. The Certificate shall be accompanied ...

FFO Per Share means FFO per share (computed in accordance with GAAP), as calculated in accordance with the standards established by NAREIT and in a manner generally consistent with the FFO per share calculations set forth in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and/or any supplemental information filed in connection therewith.