The performance period is the duration over which the applicable performance metrics are measured. As shown in the chart below, the most prevalent performance period for performance-vesting awards, by a wide margin, is 3 years (62% of awards) followed by 1 year (21% of awards).
Oil and Gas EP Incentive Plan Design · page 16 of 20
The slide uses a horizontal bar chart to compare the prevalence of different performance period lengths.
Consulting deck · peer_benchmark · compare_peers · dense density
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