Why is the median peer group calculation zero?
A.) Most companies will be required to file under the new SEC rules on compensation in 2007. Since companies file their proxy statements at different times during the year, it is possible that some peer companies are still filing under the former disclosure rules or that their proxy statements will be filed at a later day. For 2007, if less than eight peer companies have filed under the new rules the median peer group calculation for the respective pay components and company financials will not be displayed. If eight or more companies have filed under the new rules, the median peer group calculation will be displayed.
