The directors and PDMRs were also awarded 27 free matching shares under the company's Share Incentive Plan (SIP).
What does SIP stand for?
SIP stands for Share Incentive Plan
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of SIP
We have 614 other meanings of SIP in our Acronym Attic
- Seniors Info Plus
- Separation Incentive Pay
- Serial Interface Processor (Cisco)
- Serial Interface Protocol
- Server Interface Pod (Dell/Avocent)
- Service Implementation Plan
- Service Improvement Program
- Service Information Portal (software)
- Session Initiation Protocol
- Session Invitation Protocol (Internet conferencing, telephony)
Samples in periodicals archive:
The vast majority of these are doing so in a share incentive plan (SIP) or a save-as-you-earn (SAYE) scheme.
The Share Incentive Plan is being offered to 1,200,000 workers in 271 companies.
AIRLINE INDUSTRY INFORMATION-(C)1997-2010 M2 COMMUNICATIONS British regional airline easyJet (LSE:EZJ) announced today that on Wednesday four of the company's directors and PDMRs purchased partnership shares and were allocated free matching shares set out under easyJet's Share Incentive Plan (SIP).
A substantial amount of tax is being wasted by failing to take advantage of employee share schemes, but by seeking expert independent advice you will know if a share incentive plan is suitable for your circumstances and could help you avoid squandering money.