For participants in employee stock option plans:
Rights that tie your benefit to the performance of your company, but do not provide the full rights associated with shareholder status. The gain from a SAR is based only on the increase in value per share between the date of the award and the date of surrender. A Stock Appreciation Right may be issued as freestanding, Additive/Attached or as a Tandem SAR.
An Additive or Attached SAR is granted in connexion with your employee Stock Options in order to provide you with a source of cash to pay the taxes on your exercise.
A Tandem SAR provides you with a choice of exercising your employee stock option or the SAR, with the exercise of one eliminating the right to exercise the other.
- 词性: noun
- 行业/领域: 金融服务
- 类别 基金
- Company: Merrill Lynch
创建者
- Harry8L
- 100% positive feedback
(London, United Kingdom)