Example ContractsClausesexercise of sarsIdentical
Exercise of SARs
Exercise of SARs contract clause examples

Stock Appreciation Rights issued in tandem with Stock Options (“Tandem SARs”) shall terminate and no longer be exercisable upon the termination or exercise of the related Stock Option, subject to such provisions as the Committee may specify at grant if a Stock Appreciation Right is granted with respect to less than the full number of shares of Stock subject to the related Stock Option.

PROGRESSIVE CORP/OH/ (PGR) (CIK 0000080661)
Source: SEC EDGAR database • Date: May 16, 2022 • SIC: 6331 • CIK: 6331

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