Examples of TSR Percentile in a sentence
The Committee shall determine the Company’s TSR Percentile Rank, and its determination shall be conclusive and binding on the Participant and the Company.
Such percentage shall be calculated pursuant to the following table: TSR Percentile Rank: Vested Percentage: 75th or higher 150 % 60th 100 % 30th 50 % Below 30th 0 % The vested percentage attributable to a TSR Percentile Rank between the 30th and 60th percentiles, or between the 60th and 75th percentiles, shall be determined by straight-line interpolation.
Notwithstanding the foregoing, in the event the Company TSR is negative, the vesting percentage of the Target Award shall be no more than 100 percent regardless of the Relative TSR Percentile.
Notwithstanding the foregoing, if the Company’s TSR for the Performance Period is negative, the vesting of the portion of the RSUs corresponding to Relative TSR Percentile will be capped at Target Achievement.
If Unitrin’s Relative TSR Percentile Rank is less than the Target Performance Level, some or all of the Target Shares will be forfeited.