Question: Please answer the following multiple choice questions 3. Penny does not have to purchase these for her long term incentive plan as an executive and

Please answer the following multiple choice questions

3. Penny does not have to purchase these for her long term incentive plan as an executive and instead gets these automatically. What are these?

a. Stock appreciation rights

b. Phantom stock

c. Restricted stock units

4. Instead of getting an actual stock, Moana is paid in cash for her long term incentive. What is this known as?

a. Phantom stock

b. Restricted stock units

c. Nonsetatuory stock options

5. Sam recently lost his job due to the merger between 2 bookstores. They decided to retain the other CEO instead of him. This provision retains highly compensated executives and prevent him from trying to save his job at the expense of the company. What is this known as?

a. Golden parachute

b. Clawback

c. Highly compensated

6. Tony recently lost his job as a CEO because they decided to bring in new talent. He still receives severance pay, stock options, and company benefits. What is this known as?

a. Platinum parachute

b. Clawback

c. A great deal

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!