One-off equity awards have six-year ‘cliff vesting’ period designed to help CBRE retain senior executives.
The awards have a six-year ‘cliff vesting’ period, which means that staff have to stay at the company for the full six years to benefit.
Two thirds of the pay-out under the ‘strategic equity award’ is performance-based, requiring CBRE to hit certain targets related to earnings per share growth and shareholder return performance against the S&P 500.
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