ABC Corp. granted Performance Awards that vest dependent on Total Shareholder Return ("TSR") relative to a Peer Group at the end of a 3 year Performance Period.
FY2014 pays out at the following schedule:
| Relative TSR Percentile Rank | Payout as a Percent of Target |
|---|---|
| 75th percentile | 200% |
| 50th percentile | 100% |
| 30th percentile | 50% |
The peer group is the Healthcare Industry Index. The performance periods are the 60 trading day preceding the start date through the 60 trading day preceding the end of the 3 year period.
