c o r p o r a t e g o v e r n a n c e p r a c t i c e s | 4 5 |
S T O C K O W N E R S H I P G U I D E L I N E S
T E R M S O F E X E C U T I V E S T O C K O W N E R S H I P G U I D E L I N E S
0
10
20
30
40
50
60
70
80
1
1
1 1
1
9
18
63
NUMBER
OF
COMPANIES
MULTIPLE OF BASE SALARY
RETAIN PERCENTAGE OF SHARES ACQUIRED IN CONNECTION WITH
OPTION EXERCISES AND EQUITY AWARDS (AFTER TAXES AND COSTS)
SPECIFIC NUMBER OF SHARES
UNSPECIFIED GUIDELINES
BONUS PAID IN COMMON STOCK UNTIL GUIDELINES ARE SATISFIED
PERCENTAGE OF SHAREHOLDINGS ON A SPECIFIED DATE
PLUS PERCENTAGE OF SHARES AWARDED THEREAFTER
OWNERSHIP ENCOURAGED, NOT MANDATORY
ADDITIONAL EQUITY GRANT IF GUIDELINES ATTAINED OR EXCEEDED
