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Ross Stores (ROST)
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ROST » Topics » Performance share awards.

These excerpts taken from the ROST 10-K filed Mar 31, 2009.
Performance share awards. Beginning in fiscal 2007, the Company initiated a performance share award program for senior executives. A performance share award represents a right to receive shares of common stock on a specified settlement date based on the Company’s attainment of a profitability-based performance goal during a performance period. If attained, the common stock then granted vests over a specified remaining service period, generally two years. The Company recognized $1.5 million and $0.6 million of expense related to performance share awards in fiscal 2008 and 2007, respectively.

Performance share
awards. Beginning in fiscal 2007, the
Company initiated a performance share award program for senior executives. A
performance share award represents a right to receive shares of common stock on
a specified settlement date based on the Company’s attainment of a
profitability-based performance goal during a performance period. If attained,
the common stock then granted vests over a specified remaining service period,
generally two years. The Company recognized $1.5 million and $0.6 million of
expense related to performance share awards in fiscal 2008 and 2007,
respectively.


These excerpts taken from the ROST 10-K filed Apr 1, 2008.
Performance share awards. Beginning in fiscal 2007, the Company initiated a performance share award program for senior executives. A performance share award represents a right to receive shares of common stock on a specified settlement date based on the Company’s attainment of a profitability-based performance goal during a performance period. If attained, the common stock then granted vests over a specified remaining service period, generally two years. The Company recognized $0.6 million of expense related to performance share awards in fiscal 2007.

Performance share
awards. Beginning in fiscal 2007, the
Company initiated a performance share award program for senior executives. A
performance share award represents a right to receive shares of common stock on
a specified settlement date based on the Company’s attainment of a
profitability-based performance goal during a performance period. If attained,
the common stock then granted vests over a specified remaining service period,
generally two years. The Company recognized $0.6 million of expense related to
performance share awards in fiscal 2007.


EXCERPTS ON THIS PAGE:

10-K (2 sections)
Mar 31, 2009
10-K (2 sections)
Apr 1, 2008

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