What is form 51 102f6?
What is form 51 102f6?
Statement of Executive Compensation. ITEM 1 – GENERAL PROVISIONS. 1.1 Objective. All direct and indirect compensation provided to certain executive officers and directors for, or in connection with, services they have provided to the company or a subsidiary of the company must be disclosed in this form.
What is a summary compensation table?
Introduction. The Summary Compensation Table is the principal disclosure vehicle for executive compensation. SEC rules require disclosure of executive compensation for the most recent three completed fiscal years on a “total compensation” basis.
What is an NEO executive?
The NEOs are the Chief Executive Officer, the Chief Financial Officer and the next most highly paid executive officers of the corporation and its subsidiaries whose total compensation, individually, is more than $150,000.
Does the US government require disclosure of executive compensation?
The federal securities laws require clear, concise and understandable disclosure about compensation paid to CEOs, CFOs and certain other high-ranking executive officers of public companies.
What is All Other compensation?
Other Compensation means all other compensation (including without limitation dividends payable in respect of restricted stock units or shares of restricted stock) previously paid or accrued, or which the Company reasonably expects to be paid or accrued thereafter under the customary pay practices of the Company …
What SEC document has executive compensation?
Executive Compensation is described in three types of SEC filings: Executive and Director Salaries – listed in Form 10-K. Executive Employment Contract Terms – in Exhibit 10, Material Contracts, filed with Form 10-K.
What is neo compensation?
Each NEO is compensated through base salary, a performance bonus, equity awards, participation in employee benefit plans. The 15% base salary increase was designed to more closely align CEO compensation with the 50th percentile while considering the performance of the Company and the CEO.
What are the four forms of executive compensation?
According to the Center on Executive Compensation, “Executive pay arrangements typically consist of six distinct compensation components: salary, annual incentives, long-term incentives, benefits, perquisites and severance/change-in-control agreements.”1 See High-Performing Companies Pay Executives Differently.
What is labor compensation?
In addition, labor compensation, a measure of the cost to the employer for securing the services of labor, is defined as an employee’s base wage and salary plus benefits. Measures of hours worked and compensation cover all workers including production, supervisory, self-employed, and unpaid family workers.
What is a neo male?
neomale (not comparable) (biology) Describing an organism whose sex has reverted from female to male.