Define: Stock Appreciation Right
What does "Stock Appreciation Right" mean? The meaning differs based on the contract. We found 3 definitions across 3 companies in SEC filings.
Definition 1 (CVS HEALTH Corp, seen in 1 filing)
Stock Appreciation Right means a right granted to an Eligible Individual under Article VII to receive an amount in cash or Shares equal to the difference between (a) the Fair Market Value of a Share on the date such right is exercised and (b) the per Share exercise price of such right.
Source: CVS HEALTH Corp 10-K
Definition 2 (EXPAND ENERGY Corp, seen in 1 filing)
Stock Appreciation Right means a right, granted under Section 4, to an amount equal to any increase in the Fair Market Value of the Common Stock between the date on which the Stock Appreciation Right is granted and the date on which the right is exercised.
Source: EXPAND ENERGY Corp 10-K
Definition 3 (ABBOTT LABORATORIES, seen in 1 filing)
Stock Appreciation Right means an Other Share-Based Award, payable in cash or Shares, that entitles a Grantee upon exercise to the excess of the Fair Market Value of the Shares underlying the Benefit over a base price established by the Committee in respect of such Shares.
Source: ABBOTT LABORATORIES 10-K
Data extracted from 4 SEC EDGAR filings across 3 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.