It is important that the senior leadership of Manpower Inc. own Manpower stock. To achieve this objective, these stock ownership guidelines are adopted. These guidelines create a framework for achieving the initial objectives over a reasonable period of time. The guidelines underscore the spirit and intent of the stock ownership objective without having a set of rigid rules.
The stock ownership guidelines are:
5x base salary for CEO
3x base salary for CFO
2x base salary for other direct reports to the CEO
5 years to reach targeted ownership levels, based on program entry date
Ownership amount to be set at beginning of 5 year period, based on stock price and base salary as of that date
Ownership to include: vested stock options, vested restricted stock, shares purchased in the open market, and shares held in benefit plans. Unvested stock options, performance shares, career shares or restricted shares will not count toward stock ownership guidelines.
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