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This excerpt taken from the WYN DEF 14A filed Apr 2, 2009. Executive Officer
Stock Ownership Guidelines
Our Executive Officer Stock Ownership Guidelines are intended to
align further the financial interests of executive officers with
the interests of shareholders. The guidelines apply to our CEO
and the other executive officers who report directly to him,
including the named executed officers.
The following guidelines specify the amount of our common stock
that the following officers must beneficially own: CEO: four
(4) times base salary; Business Unit CEO: two
(2) times base salary; CFO: two (2) times base salary;
and other executive officers who report directly to the CEO: one
(1) times base salary.
Compliance with the individual guidelines is calculated as
follows: the product of the multiple and the applicable base
salary is divided by the highest closing price of our common
stock on the New York Stock Exchange for the 12 month
period prior to the date of determination. Compliance is
evaluated on a
twice-per-year
basis, as of June 30 and December 31 of each year, and not on a
running basis.
Share ownership that counts towards satisfaction of the
guidelines includes: shares owned outright by the executive or
his or her immediate family members residing in the same
household; shares held in our 401(k) savings plan or Officer
Deferred Compensation Plan; restricted stock or restricted stock
units; and shares held in trust by the executive or his or her
immediate family members residing in the same household.
As of December 31, 2008, all of the named executive
officers were in compliance with these guidelines.
This excerpt taken from the WYN DEF 14A filed Mar 17, 2008. Executive Officer
Stock Ownership Guidelines
Our Executive Officer Stock Ownership Guidelines are intended to
align further the financial interests of executive officers with
the interests of shareholders. The guidelines apply to our CEO
and the other executive officers who report directly to him,
including the named executed officers.
The following guidelines specify the amount of our common stock
that the following officers must beneficially own: CEO: four
(4) times base salary; Business Unit CEO: two
(2) times base salary; CFO: two (2) times base salary;
and other executive officers who report directly to the CEO: one
(1) times base salary.
Compliance with the individual guidelines is calculated as
follows: the product of the multiple and the applicable base
salary is divided by the highest closing price of our common
stock on the New York Stock Exchange for the 12 month
period prior to the date of determination. Compliance is
evaluated on a
twice-per-year
basis, as of June 30 and December 31 of each year, and not on a
running basis.
Share ownership that counts towards satisfaction of the
guidelines includes: shares owned outright by the executive or
his or her immediate family members residing in the same
household; shares held in our 401(k) savings plan or Officer
Deferred Compensation Plan; restricted stock or restricted stock
units; and shares held in trust by the executive or his or her
immediate family members residing in the same household.
As of December 31, 2007, all of the named executive
officers were in compliance with these guidelines.
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