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This excerpt taken from the ROST 10-Q filed Jun 10, 2009. Performance shares.
The Company has 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 the
performance period. If attained, the common stock then granted vests over a
specified remaining service period, generally two years. For the three month
periods ended May 2, 2009 and May 3, 2008, the Company recognized $1.3 million
and $0.1 million, respectively, of expense related to performance share awards.
This excerpt taken from the ROST 10-Q filed Dec 10, 2008. Performance
shares. 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 the performance period. If attained,
the common stock then granted vests over a specified remaining service period,
generally two years. For the nine month periods ended November 1, 2008 and
November 3, 2007, the Company recognized $1.0 million and $0.5 million,
respectively, of expense related to performance share awards.
This excerpt taken from the ROST 10-Q filed Sep 10, 2008. Performance shares.
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 the performance period. If attained, the common stock then granted vests
over a specified remaining service period, generally two years. For the six
month periods ended August 2, 2008 and August 4, 2007, the Company recognized $0.8 million and $0.3 million,
respectively, of expense related to performance share awards.
This excerpt taken from the ROST 10-Q filed Jun 11, 2008. Performance shares.
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 the performance period. If attained, the common stock then granted vests
over a specified remaining service period, generally two years. For the three
month periods ended May 3, 2008 and May 5, 2007, the Company recognized $0.1
million of expense related to performance share awards.
This excerpt taken from the ROST 10-Q filed Dec 12, 2007. Performance
shares. Beginning in fiscal 2007, the
Company initiated a performance share award program for senior executives. The
performance share program 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 2 years.
6 Employee stock purchase plan. Under the Employee Stock Purchase Plan (“ESPP”), eligible full-time employees participating in the offering period can choose to have up to the lesser of 10% or $21,250 of their annual base earnings withheld to purchase the Company’s common stock. The purchase price of the stock is the lower of 85% of the market price at the beginning of the offering period or end of the offering period. This excerpt taken from the ROST 10-Q filed Sep 12, 2007. Performance shares. Beginning in fiscal 2007, the Company initiated a performance share award program for senior executives. The performance share program represents a right to receive shares of common stock on a specified settlement date if the performance share vests based on the Company’s attainment of a profitability-based performance goal during a performance period.
This excerpt taken from the ROST 10-Q filed Jun 13, 2007. Performance shares. Beginning in fiscal 2007, the Company initiated a performance share award program for senior executives. The performance share program represents a right to receive shares of common stock on a specified settlement date if the performance share vests based on the Company’s attainment of a profitability-based performance goal during a performance period.
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