{
  "docId": "019dd923-5ca1-7489-b633-e726c3075bde",
  "docSlug": "4e37d83ee6e25fae",
  "documentTitle": "Oil Gas EP Incentive Compensation",
  "authorId": "AlvarezMarsal",
  "authorName": "Alvarez & Marsal",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "portrait",
  "aspectRatio": 0.773,
  "pageNumber": 24,
  "pageCount": 32,
  "prevPage": 23,
  "nextPage": 25,
  "slideType": "industry_trends",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 6,
  "notes": "The slide defines single, double, and discretionary triggers and provides a bar chart comparing their prevalence in 2016 vs 2017.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "comparison_table",
    "footnote",
    "bar_chart_grouped"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5ca1-7489-b633-e726c3075bde/24",
  "deckHref": "/decks/019dd923-5ca1-7489-b633-e726c3075bde",
  "deckJsonHref": "/decks/019dd923-5ca1-7489-b633-e726c3075bde.json",
  "deckAnchorHref": "/decks/019dd923-5ca1-7489-b633-e726c3075bde#slide-24",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Due to pressure from shareholders and shareholder advisory services, there has been a trend in recent years for companies to move to double trigger vesting provisions.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd951-a675-704b-b9a7-538a138940f6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.9,
        "x": 0.05,
        "y": 0.62
      },
      "kind": "chart",
      "text": "Equity Vesting Triggers: 2016 vs 2017 comparison for Single, Double, and Discretionary triggers.",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "434e17c4-781c-4e5e-9973-81d8e678b338",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Prevalence of CIC triggers: 51%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd951-a675-704b-b9a7-575b702a737e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.9,
        "x": 0.05,
        "y": 0.44
      },
      "kind": "paragraph",
      "text": "The most common trigger found in equity plans is the single trigger (51 percent). However, 43 percent of companies have at least some equity awards outstanding with a double trigger.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "65f1595e-4528-47c3-b8a8-10df2424df94",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.05,
        "y": 0.23
      },
      "kind": "table",
      "text": "Trigger: Single, Double, Discretionary. Descriptions provided for each.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "32e31399-caaa-4712-acf4-e11669ca7a0e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.5,
        "x": 0.05,
        "y": 0.07
      },
      "kind": "title",
      "text": "CHANGE IN CONTROL BENEFITS",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ebc2377b-1dec-4ea4-be29-3f3362630315",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.4,
        "x": 0.45,
        "y": 0.16
      },
      "kind": "title",
      "text": "ACCELERATED VESTING OF LTI AWARDS",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9d89756f-8085-4cae-b5fd-0c3f0515cd4e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [
    {
      "metricRaw": "Prevalence of CIC triggers",
      "numberRaw": "51%",
      "numberKind": "percent",
      "actionTitle": null,
      "calloutText": "Due to pressure from shareholders and shareholder advisory services, there has been a trend in recent years for companies to move to double trigger vesting provisions.",
      "numberScale": null,
      "numberValue": 51,
      "metricFamily": "other",
      "numberCurrency": null
    }
  ],
  "tools": [
    {
      "name": "Annotation",
      "slug": "annotation",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "019dd95a-10d4-718b-9f59-355df59d5472",
      "evidence": "Callout describes shareholder-driven trend toward double trigger vesting",
      "confidence": 60
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 25,
      "from": 20,
      "beatId": "019dd95a-0682-776c-8e36-d2dd149b620a",
      "arcName": "The Onion",
      "arcSlug": "onion",
      "beatName": "Core Insight",
      "beatSlug": "onion-core-insight",
      "evidence": "Change-in-control benefits as the critical retention lever",
      "position": 4,
      "confidence": 55,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 25,
      "from": 20,
      "name": "Pattern Hunter",
      "slug": "02-pattern-hunter",
      "bestFor": "Time-pressed audiences, building consensus, when data is strong",
      "matchId": "019dd95a-07fe-70ce-8d3f-65c4dd9f03c3",
      "evidence": "Quote intro then table plus 4 trend slides on different CIC components",
      "position": 5,
      "objective": "Stack change-in-control evidence (benefit values, severance, double trigger, excise tax) into pattern",
      "structure": "Evidence A -> Evidence B -> Evidence C -> Pattern/Conclusion",
      "confidence": 70,
      "description": "Group multiple pieces of evidence that together point to a pattern or conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}