DELPHI 2011 Annual Report Download - page 182

Download and view the complete annual report

Please find page 182 of the 2011 DELPHI annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 235

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235

If the final Net Income is below the threshold Net Income, no Net Income RSU Shares will be earned
If the final Net Income is above the maximum Net Income, the maximum Net Income RSU Shares will be earned (200% of your target number of
Net Income RSU Shares indicated above)
The number of Net Income RSU Shares earned if the final 2012 – 2014 Net Income is between the threshold and target levels, between the target
and "bend point" levels or between the "bend point" and maximum levels will be determined by linear interpolation (the Net Income RSU Shares
payout percentage associated with the final Net Income) between the relevant payout percentages identified above
Metric 3: Relative Total Shareholder Return ("TSR")
Definition: Percentage change in the average closing price per share of all available trading days in the 4th quarter of 2014 compared to average closing
price per share of all available trading days in the 4th quarter of 2011, measured against the market capitalization–weighted Russell 3000 Auto Parts Index;
all measures include dividends
Weight: 20% of Performance-Based RSU Shares granted
Number of Performance-Based RSU Shares related to the TSR metric ("TSR RSU Shares"): [•]
TSR Performance Parameters:
2012 – 2014 TSR as a percentile
of the Russell 3000 Auto Parts
Index
% of Target TSR RSU
Shares Earned
(Payout %)
Number of Earned TSR
RSU Shares at Payout %
Level
30th to 39th percentile 50% [•]
40th to 49th percentile 75% [•]
50th to 59th percentile 100% [•]
60th to 69th percentile 125% [•]
70th to 79th percentile 150% [•]
80th to 89th percentile 175% [•]
90th percentile and above 200% [•]
If the final TSR is below the 30th percentile, no TSR RSU Shares will be earned
If the final TSR is at or above the 90th percentile, the maximum TSR RSU Shares will be earned (200% of your target number of TSR RSU
Shares indicated above)
Fractional percentiles will be rounded using conventional rounding methods
Total Earned Performance- Based RSU Shares
The total number of Earned Performance-Based RSU Shares shall equal the sum of:
(a) the number of earned RONA RSU Shares,
(b) the number of earned Net Income RSU Shares, and
(c) the number of earned TSR RSU Shares.
B-2