In accordance with the terms of the ESOS, all options (except for approved options) were "net gain" settled as share appreciation rights by reference to the mid market closing price of the Company's shares on 14 December 2012 (1380p) and the relevant option price.
What does SAR stand for?
SAR stands for Share Appreciation Right
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of SAR
We have 497 other meanings of SAR in our Acronym Attic
- Semi-Active Radar
- Semi-Annual Report
- Semi-Automatic Rifle (weapon)
- Semi-Autonomous Robotics
- Service Activity Report
- Service Aptitude Rating
- Service Archive (JBoss Server)
- Service Authorization Request
- Servizio Agrometeorologico Regionale (Italian: Regional Meteorological Services)
- Sex Attitude Restructuring (course)
Samples in periodicals archive:
The 2010 Plan permits the granting of a variety of awards, including stock options, share appreciation rights, restricted shares, restricted share units, unrestricted shares, deferred share units, performance and cash-settled awards, and dividend equivalent rights.
Hong Kong, China, Dec 30, 2009 - (ABN Newswire) - One of the PRC's leading gold production enterprises, Zhaojin Mining Industry Company Limited's ("Zhaojin Mining" or the "Company", HKG:1818) (PINK:ZHAOF) Board of Directors approved to adopt the share appreciation rights plan on 21 December 2009.
123R covers stock options, restricted share plans, performance-based awards, share appreciation rights, and employee share purchase plans.
This Share Appreciation Right (SAR) plan is essentially a hybrid between a traditional stock option plan and a phantom stock plan, and combines the tax benefits of both types of plans.
All options issued by the Company have an associated Tandem Share Appreciation Right ("TSAR") attached to them (see Note 16).
Name of director: GP Briggs (Chief Executive Officer) Company: Harmony Gold Mining Company Limited Nature of transaction: Off market Grant of Share Appreciation Rights, Performance Shares, Restricted Shares and Matching Performance Shares Periods of vesting: Share Appreciation Rights vest in equal thirds on the third, fourth and fifth anniversary of the allocation.
Under the SAR Plan employees and providers of services to the Company are entitled to cash payments equal to the excess of the market price of the common shares over the exercise price of the share appreciation right.