| | |
Tranche | |
Percentage of Total Performance Share
Units That May Be
Earned* | | |
Minimum Stock Price
(0% payout) | | |
Target Stock Price
(100% payout) | |
| First | |
August 1, 2023 – July 31, 2026 | |
| 25% | | |
| $36.82 | | |
| $41.83 | |
| Second | |
August 1, 2026 – July 31, 2028 | |
| 25% | | |
| $48.69 | | |
| $60.24 | |
| Third | |
August 1, 2028 – July 31, 2030 | |
| 50% | | |
| $64.40 | | |
| $86.75 | |
