Page 803 - Bruce Ellig - The Complete Guide to Executive Compensation (2007)

788 Index

Stock appreciation rights (SARs) (Cont.) above market value, 423–24
exercising, 462–63 accrued gain, 409
freestanding, 460 advantages and disadvantages of, 458–59
frequency of, 461 alternative minimum tax, 448
limited, 459–60 annual grants, 417
number of shares, 462 award range, 427
parallel grants, 459 backward vesting, 420
self-standing, 460 before-and-after exercise, 442
stock price, 462 below market value, 421–23
tandem grants, 459 binomial model, 412–13
types of, 459–61 Black-Scholes model, 410–13
Stock award plans, 473–87 buy-back, 446
advantages and disadvantages of, 487–88 cancel-and-reissue, 434
fixed number of shares and fixed date, capital assets pricing model, 412–13
475–77 capped-price, 431
fixed number of shares and variable date, cash exercise, 439–40
477–79 cash supplement, 446
performance-accelerated restricted, cashless exercise, 442–43
477–78 catch-up, 417–18
performance-accelerated survival, 474 clawback option, 420, 446
performance-share, 479–80 collared, 437
performance-vested, 477–78 comparison of, 449
pulse, 473 compound growth, 433
restricted, 473–79 disappearing exercise, 440
Section 83(b) election, 85, 89–90, 98–99, discount value, 432
468, 476, 480 discounted, 422, 452–53, 551
survival, 473 disposition, 446–47
time-accelerated restricted, 477–78 dividend rights, 433–34
tracking stock, 487 earnings per share, 551
variable number of shares and fixed date, executives and, 414
479–85 exercise period, 419–39
variable number of shares at variable exercising the option, 439–44
dates, 485–87 fair market value, 421
Stock bonus plans, 322 fixed vs. variable prices, 431
Stock exchange disclosure requirements, forfeitures, 446
153–57 frequency of grants, 417–18
Stock-for-stock exercise, 437–38, 440–42 future value, 428
Stock market grant date, 418–19
basic functions, 129–32 grant transfers, 416
CEO departure effects on, 105 historical value, 428
Stock option exercises and stock awards history of statutory, 447–49
vested, 160–61 immaculate exercise, 443
Stock-option multiples, 424–25 in-lieu-of, 431–32
Stock option reloads, 133 incentive, 140
Stock options, 148, 328–31, 406–59 index-priced, 454–55