Stock Price Condition. In order for the Units to vest, the Company’s Common Stock must attain a closing price equal to or greater than $34.00/share for at least twenty (20) consecutive trading days at any time prior to the Expiration Date (such condition to vesting, the “Stock Price Condition”).
Appears in 2 contracts
Samples: Performance Restricted Stock Unit Award Agreement (Live Oak Bancshares, Inc.), Performance Restricted Stock Unit Award Agreement (Live Oak Bancshares, Inc.)
Stock Price Condition. In order for the Units to vest, the Company’s Common Stock must attain a closing price equal to or greater than $34.0038.00/share for at least twenty (20) consecutive trading days at any time prior to the Expiration Date (such condition to vesting, the “Stock Price Condition”).
Appears in 2 contracts
Samples: Performance Restricted Stock Unit Award Agreement (Live Oak Bancshares, Inc.), Performance Restricted Stock Unit Award Agreement (Live Oak Bancshares, Inc.)
Stock Price Condition. In order for the Units to vest, the Company’s Common Stock must attain a closing price equal to or greater than $34.0048.00/share for at least twenty (20) consecutive trading days at any time prior to the Expiration Date (such condition to vesting, the “Stock Price Condition”).
Appears in 2 contracts
Samples: Performance Restricted Stock Unit Award Agreement (Live Oak Bancshares, Inc.), Performance Restricted Stock Unit Award Agreement (Live Oak Bancshares, Inc.)