Number of PSUs Earned. Subject to the Maximum Award Cap (as defined below), the total number of Performance Units earned for the Fiscal 2021 Performance Period by the Grantee shall equal the sum of the Relative ROATCE Performance Units earned and the Relative TBV Accretion Performance Units earned for the Fiscal 2021 Performance Period (with linear interpolation for earning between levels) pursuant to the following table: Performance Goal Achieved(1) Percent of Target Award Earned (payout percentage)(2) At or below the 25th percentile: 0% At 26th percentile (Threshold): 1% At 50th percentile: 50% At 75th percentile (Target): 100% At 95th percentile (Maximum): 200%
Appears in 1 contract
Sources: Named Executive Officers 2019 Performance Unit Award Agreement (Pinnacle Financial Partners Inc)
Number of PSUs Earned. Subject to the Maximum Award Cap (as defined below), the total number of Performance Units earned for the Fiscal 2021 relevant Performance Period by the Grantee shall equal the sum of the Relative ROATCE Performance Units earned and the Relative TBV Accretion Performance Units earned for the Fiscal 2021 such Performance Period (with linear interpolation for earning between levels) pursuant to the following table: Performance Goal Achieved(1) Percent of Target Award Earned (payout percentage)(2) At or below the 25th percentile: 0% At 26th percentile (Threshold): 1% At 50th percentile: 50% At 75th percentile (Target): 100% At 95th percentile (Maximum): 200%
Appears in 1 contract
Sources: Named Executive Officers 2020 Performance Unit Award Agreement (Pinnacle Financial Partners Inc)