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Mr. Sorrell retained the stock component of the award, 1.3 million shares, WPP said.
As the markets recover, the percentage of deals that include a stock component will inevitably rise.
Compensation specialists suggest that most increases will be in cash, with the stock component of pay remaining stable.
But in reducing the stock component, she also removed a chance of Warren E. Buffett voting against the deal.
CF's new bid contains a stock component, but it is currently worth about 15 percent more than Yara's $4.1 billion.
But looking at the short term -- the year so far -- every plan with a substantial stock component has lost money, according to Morningstar Inc.
Similar(21)
In statements on Sunday, Validus and Allied pointed to the stock components of their respective offers as advantages over Berkshire's offer.
The 2008 Cobra Jet Mustang pays homage to the 1968 428 Cobra Jet Mustang, a model originally built by Ford in the hope of dominating a class of racing that required the use of mostly stock components.
For some rolling stock components, more than one failure mode may be present.
Different regions of the criticality matrix represent different levels of criticality for rolling stock components.
Open image in new window Fig. 1 Railway rolling stock components (www.hitachirail-eu.com).
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