Adjusted Share Price definition
Examples of Adjusted Share Price in a sentence
Double Vesting Share Price” and “Triple Vesting Share Price” means the Adjusted Share Prices equal to a compound annual share price appreciation (the “Annual Compound TSR”) of 15%, 30% and 45%, respectively, as measured from a base price of $26.51 over a measurement period from October 25, 2010 to the last trading day of the period used to calculate the Adjusted Share Price.
If at December 28, 2013, the Adjusted Share Price equals the Triple Vesting Share Price, you shall vest in an additional 75% of the Performance Share Units.
If the Adjusted Share Price on the measurement date as set forth herein is between the Threshold and the Half-Target, the Half-Target and Target, the Target and the Double Target, or the Double Target and the Triple Target Maximum, the Performance Multiple applicable to the RSUs shall be the number that is the mathematical linear interpolation between the Performance Multiple applicable at the defined ends of the applicable spectrum.
If at December 28, 2013, the Adjusted Share Price equals the Double Vesting Share Price, you shall vest in an additional 50% of the Performance Share Units.
If at September 28, 2013, the Adjusted Share Price equals the Single Vesting Share Price, you shall vest in an additional 50% of the Performance Share Units.