SHW » Topics » Director Stock Plan Highlights

This excerpt taken from the SHW DEF 14A filed Mar 10, 2006.
Director Stock Plan Highlights

      The Director Stock Plan authorizes the Board of Directors, or a committee of the Board of Directors, to provide equity-based compensation in the form of option rights, stock appreciation rights (“SARs”), restricted stock and restricted stock units for the purpose of attracting and retaining Sherwin-Williams’ nonemployee directors. Some of the key features of the Director Stock Plan are set forth below and are described more fully under the heading “Summary of the Director Stock Plan.”

     

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