Options granted have a ten-year life and vest annually over a three-year period. The Key Contributor Plan provides for the grant of options to purchase common shares, as well as LARs and SARs, either with options or standing alone. All employees, other than insiders, are eligible to participate under the plan. The Key Contributor Plan also provides for awards of common shares, performance units and performance or bonus shares, and other share-based awards not inconsistent with the terms of the Key Contributor Plan.

Pursuant to terms of the Key Contributor Plan the Board may amend, modify or terminate the Key Contributor Plan if and when it is advisable at the discretion of the Board without disinterested shareholder approval except for those amendments specifically requiring disinterested shareholder approval as mandated by the Key Contributor Plan including: No amendments have been made to the Key Contributor Plan since the last annual meeting of shareholders.

The Key Contributor Plan also provides for awards of common shares, performance units and performance or bonus shares, and other share based awards not inconsistent with the terms of the Key Contributor Plan.

(iii) Key Contributor Stock Option Plan for SUNCOR ENERGY INC (SU)

The plan provides for the grant of options to purchase common shares, as well as LARs and SARs, either with options or standing alone. The Key Contributor Plan contains the following important provisions: In , the board approved a non-material amendment to the Key Contributor Plan in direct response to regulatory changes resulting from the U.

Under this plan, the company granted 6, common share options in the third quarter of , for a total of 1,, options granted in the nine months ended September 30, 10, options granted during the third quarter of ; 1,, granted in the nine months ended September 30, to non-insider senior managers and key employees. The exercise price of an option is equal to the market value of the common shares at the date of the grant. For more information about Suncor Energy, visit our website www.

The Key Contributor Plan was approved by the Board of Directors in September The Key Contributor Plan was approved by the Toronto Stock Exchange and by the New York Stock Exchange NYSE under its rules applicable to non-U.

To date, the Board of Directors has only approved grants of options for common shares and LARs under the Key Contributor Plan. A maximum of 5,, common shares have been authorized for issuance under the Key Contributor Plan since its inception. Options to purchase 2,, common shares remain outstanding at February 28, , representing 0.

As of February 28, , 2,, common shares remain available for future option grants and other Key Contributor Plan awards, representing 0. The options granted under the Key Contributor Plan vest one-third per year over a three-year period, starting one year following the grant and expire after 10 years from the date of the grant.

As of February 28, , 3,, common shares remain available for future option grants and other Key Contributor Plan awards.

The aggregate dilution of all issued, outstanding, and authorized options under Suncor stock option plans is 6. Suncor has no other equity compensation plans involving newly issued securities.

Suncor is also insured under these policies in the event it is permitted or required by law to indemnify individual directors and officers.

If Suncor is unable by law to indemnify individual directors and officers, there is no deductible. No premiums were paid by any individual director or officer. The Key Contributor Plan was approved by the Board of Directors in September, The Key Contributor Plan has also been approved by the Toronto Stock Exchange and by the New York Stock Exchange NYSE under its rules applicable to non-U.

To date, the Board of Directors has followed a practice of awarding only options for common shares and LARs under the Key Contributor Plan. As of February 28, , 4,, common shares remain available for future option grants and other Key Contributor Plan awards. The aggregate dilution of all issued, outstanding, and authorized options under Suncor stock option plans is 7.

Suncor Employee Benefits and Perks | fadukuvo.web.fc2.com

From the makers of. BALANCE INCOME CASH FLOW. This excerpt taken from the SU 6-K filed Jul 22, This excerpt taken from the SU 6-K filed May 1, This excerpt taken from the SU 6-K filed Apr 23, This excerpt taken from the SU 6-K filed Mar 2, This excerpt taken from the SU 6-K filed Jan 20, This excerpt taken from the SU 6-K filed Oct 29, This excerpt taken from the SU 6-K filed Jul 24, This excerpt taken from the SU 6-K filed Apr 24, This excerpt taken from the SU 6-K filed Mar 4, This excerpt taken from the SU 6-K filed Jan 22, This excerpt taken from the SU 6-K filed Oct 25, This excerpt taken from the SU 6-K filed Mar 16, This excerpt taken from the SU 6-K filed Mar 10, This excerpt taken from the SU 6-K filed Mar 30, EXCERPTS ON THIS PAGE: RELATED TOPICS for SU: Fair Value Options Granted Executive Stock Plan Performance Share Unit Plan Sunshare Performance Share Option Plan Directors Officers Insurance Corporate Governance Sunshare Performance Stock Option Plan Sunshare Suncors New Performance-based Long-term Incentive Plan Executive Stock Option Plan VIEW MORE.

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How To Invest Personal Finance Options Definitions. Jul 22, 6-K. May 1, 6-K. Apr 23, 6-K. Mar 2, 6-K. Jan 20, 6-K. Oct 29, 6-K.

Rewarding Employees - Suncor

Jul 24, 6-K. Apr 24, 6-K. Mar 4, 6-K. Jan 22, 6-K. Oct 25, 6-K. Mar 16, 6-K. Mar 10, 6-K. Mar 30, RELATED TOPICS for SU: