rTSR definition

rTSR means the percentile rank of the Company’s Total Shareholder Return among the Total Shareholder Returns of all members of the Peer Group, ranked in descending order, at the end of the Performance Period.

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rTSR shall be based on share price for the Peer Group measured at the end of the Measurement Period based on a twenty (20) trading day average plus dividends paid (assumed to be reinvested) compared to the share price for the Peer Group at the start of the Measurement Period based on a twenty (20) day trading average. Any Peer Group member that enters bankruptcy, liquidation, or delisting is assumed to be -100%. ​

rTSR means the quotient equal to (i) the Ending Stock Price minus the Beginning Stock Price plus assumed reinvestment as of the ex-dividend date of ordinary and extraordinary cash dividends, if any, paid by the applicable issuer during the Performance Period, divided by (ii) the Beginning Stock Price. Relative Total Shareholder Return expressed as a formula shall be as follows:

Examples of rTSR in a sentence

• Each of the EBITDA PSUs and the RTSR PSUs shall be further divided into three substantially equal tranches (each, a “Tranche”), which tranches shall be earned based on the achievement of the applicable Performance Goal for the applicable Performance Sub-Period as set forth in the tables below.

• Earned EBITDA PSUs and RTSR PSUs will be determined independently and on a Tranche-by-Tranche basis.

• With respect to any EBITDA PSUs and RTSR PSUs that are earned based on Performance Goal achievement, payout will be capped at 100% of the target number of PSUs evidenced by the Agreement if the Company’s Total Shareholder Return from January 1, 2026 through December 31, 2028 is less than 0% (the “Absolute TSR Modifier”).

• The number of EBITDA PSUs and RTSR PSUs, as applicable, that will be eligible to vest (referred to as “Earned PSUs”) in a specific Tranche will be determined by multiplying the number of EBITDA PSUs and RTSR PSUs in the Tranche by the percentage of Adjusted Corporate EBITDA and RTSR achievement (between 0% and 200%), respectively, for the applicable Performance Sub-Period (subject, in each case, to the Absolute TSR Modifier, as described below).

More Definitions of rTSR

rTSR means the percentile rank of the Company’s Total Shareholder Return as compared to the Total Shareholder Return of each member of the ▇▇▇▇▇▇▇ 2000 Index, determined by dividing the number of members of the ▇▇▇▇▇▇▇ 2000 Index with Total Shareholder Return equal to or lower than the Company’s Total Shareholder Return for the Performance Period by the total number of members of the ▇▇▇▇▇▇▇ 2000 Index minus one (1). For such determination of percentile rank, the members of the ▇▇▇▇▇▇▇ 2000 Index shall be those companies that are members of the ▇▇▇▇▇▇▇ 2000 Index during the entire Performance Period. rTSR constitutes a “Performance Measure” within the meaning of the Plan. ​

rTSR means the percentile rank of the Company’s Total Shareholder Return as compared to the Total Shareholder Return of each member of the ▇▇▇▇▇▇▇ 2000 Index, determined by dividing the number of members of the ▇▇▇▇▇▇▇ 2000 Index with Total Shareholder Return equal to or lower than the Company’s Total Shareholder Return for the Performance Period by the total number of members of the ▇▇▇▇▇▇▇ 2000 Index minus one (1). For such determination of percentile rank, the members of the ▇▇▇▇▇▇▇ 2000 Index shall be those companies that are members of the ▇▇▇▇▇▇▇ 2000 Index during the entire Performance Period. rTSR constitutes a “Performance Measure” within the meaning of the Plan. “Total Shareholder Return” means the change in a company’s stock price over the Performance Period (counting any dividends paid as if such dividends were reinvested at the time of issuance) divided by that company’s stock price at the beginning of the Performance Period, expressed as a percentage. The stock price at the beginning of the Performance Period shall be calculated using the relevant company’s closing stock price on the first trading day of the Performance Period. The stock price at the end of the Performance Period shall be calculated using the relevant company’s closing stock price on the last trading day of the Performance Period. “Total Target Number of Shares” means the number of Shares specified in Section 1 of this Award Agreement.

rTSR means “Relative Total Shareholder Return.”

rTSR means the Company’s cumulative total shareholder return over the Performance Period relative to its Peer Group (defined below) as measured by (A) the sum of (i) the Company’s Average Stock Price (for the forty-five (45) day trading period ending December 31, 2017), and (ii) the cumulative amount of dividends declared during the Performance Period, assuming dividend reinvestment on the ex-dividend date, divided by (B) the Company’s Average Stock Price at the beginning of the Performance Period (for the forty-five (45) day trading period ending December 31, 2014); provided, however, that for purposes of calculating rTSR percentile rank, the Company shall be excluded from the Peer Group.

rTSR means, with respect to the Performance Period, the Company’s TSR, as a percentile with respect to the range of TSRs of each of the Comparator Group Companies.

rTSR has the meaning as set forth in the Statement of Management Objectives.

rTSR means the comparison between ▇▇▇▇▇’▇ TSR and the TSR of the Peer Group over the Performance Period, measured as the absolute percentage point difference in the performance of the Company’s TSR compared to the Peer Group’s median TSR.