Examples of TSR Percentile Ranking in a sentence
If a Change of Control occurs subsequent to the last day of the Performance Period, but prior to calculation of the Relative TSR Percentile Ranking, then PSUs shall be converted to RSUs only after such calculation(s), provided, however, in the event that the Company has failed to achieve the Minimum Three-Year Relative TSR Percentile Rank for the Performance Period, then all PSUs shall be forfeited regardless of the Change of Control occurring after the end of the Performance Period.
The Company TSR Percentile Ranking will be determined as set forth in Section 2(c) below.
If at any time during the Performance Cycle, an S&P 500 Company ceases to be a publicly-traded company, such company shall be removed and treated as if it had never been an S&P 500 Company for purposes of determining the TSR Percentile Ranking.
The Company TSR Percentile Ranking shall mean the percentage of TSRs of the companies included the S&P MidCap 400 Index as of the last day of the Performance Period that are lower than the Company’s TSR for the Performance Period.
Performance-Based Payment Schedule TSR Percentile Ranking Percent of Target Payment1 Maximum 100th 200% 90th 175% 80th 150% 70th 125% Target 60th 100% 50th 75% Threshold 40th 50% <40th 0% 1Payouts will be interpolated in between percentile rankings.