Shearman & Sterling LLP 102 | Stock Ownership and Retention Guidelines
DIRECTOR ANNUAL CASH RETAINER MULTIPLES
8
3x - 4x
5
6x - 8x
46
5x
of the Top 100 Companies express their
director stock ownership guidelines as a
multiple of the annual cash retainer
of the Top 100 Companies require their
directors to satisfy the requirements
within five years
59
58
At the 61 Top 100 Companies where directors are required to hold shares with a value equal to a multiple of their annual
cash retainer, the multiples range from three to eight times the annual retainer.
$ $
$
