Deferred Share Units (DSUs); and
Share Appreciation Rights
(SARs).
Note that this primer is a general summary and is not intended
to address all variations and implications of these compensation
awards. It applies to employees, officers and directors, but does
not apply to awards granted to consultants, independent contractors
or other non-employee service providers.
Stock Options
These rules apply to options granted by corporations or mutual
fund trusts. Provided the stock options are granted with an
exercise price at least equal to fair market value (FMV) of the
optioned share as at the date of grant (which is generally the date
Oasis Petroleum Announces New Executive Compensation Program Better Aligned with Shareholder Interests
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HOUSTON, Jan. 21, 2021 /PRNewswire/ Oasis Petroleum Inc. (Nasdaq: OAS) ( Oasis or the Company ) announced today that its Board of Directors has approved and implemented a peer-leading compensation program specifically designed to better align management compensation with value creation, shareholder interests and the Company s new strategic objectives. Oasis has updated its investor presentation on its website www.oasispetroleum.com to include a summary of the new plan.
Compensation Program Highlights:
Strong pay for performance alignment with equity compensation tied to absolute and relative shareholder returns to be awarded in three equity vehicles;