Overview
This report analyzes the design of long-term inventive (“LTI”) plans for each of the ClearBridge 200 companies.
Long-term incentives are compensation vehicles that operate over an extended timeframe (typically greater than one year). Long-term incentives are designed to achieve multiple objectives, such as aligning executives with shareholders, motivating executives to focus on achieving long-term performance goals, and retaining executives over a multi-year period.
The design features of each incentive award were reviewed based on proxy statement disclosure for each of the ClearBridge 200 companies.
Contents of Report
ClearBridge 200 company practices summarized in this report include:
- LTI Vehicles
- Time-Vested Award Vesting Period & Schedule
- Performance-Vested Award Design
- Relative TSR Goal Setting
The ClearBridge 200 Companies
The ClearBridge 200 consists of 100 companies in the S&P MidCap 400® Index and 100 companies in the S&P 500® Index in order to provide a representation of the U.S. market.
Further detail on the ClearBridge 200 companies and methodology for this report can be found in the Appendix of the report.
