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hello welcome back to another installment on equity compensation my name is mitch dewitt and im a financial advisor and a certified financial planner at walkner condon financial advisors today well talk briefly on stock appreciation rights this is something a little less common than some of the other topics that weve covered in the past but its something that we still see so what is a stock appreciation right a lot of times people see the abbreviation sar and the stock piece is somewhat misleading in a way because you dont actually have a share of the stock when youre granted one of these stock appreciation rights so thats one of the first things to be on the lookout for is know that you dont have voting rights like a stockholder would or rights to dividends for example now this appreciation piece is where it gets its value so if a stock lets say is fifteen dollars a share and it goes to twenty dollars a share only that appreciation from fifteen to twenty so that five dollar a