Relative TSR Return

Example Definitions of "Relative TSR Return"
Relative TSR Return. The Company's Total Shareholder Return during the Performance Period relative to the Total Shareholder Return of the Peer Companies during the Performance Period. Relative Performance will be determined by ranking the Company and the Peer Companies from highest to lowest according to their respective Total Shareholder Return. After this ranking, the percentile performance of the Company relative to the Peer Companies will be determined as follows: where: 'P' represents the percentile... performance which will be rounded, if necessary, to the nearest whole percentile by application of regular rounding. 'N' represents the number of Peer Companies. 'R' represents the Company's ranking among the Peer Companies. View More
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