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
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