Adjusted Stock Price definition
Examples of Adjusted Stock Price in a sentence
The value of each RSU on the Vesting Date shall be determined using an “Adjusted Stock Price,” which is calculated as Pg + .5(Pv – Pg) Where: Pg = closing stock price on date of grant Pv = closing stock price on the Vesting Date The “Payout Value” of the RSUs vesting on a Vesting Date is an amount equal to the product of the total number of RSUs vesting on the Vesting Date multiplied by the Adjusted Stock Price.
Escrowed Shares tendered as indemnification payments shall be valued at the Initial Stock Price if paid prior to the Effective Registration Date and at the Adjusted Stock Price if paid on or after the Effective Registration Date.
If any fraction of a Warrant Share would, except for this Section 3.6, be issuable, the Company will pay an amount in cash equal to (a) the sum of (i) the Adjusted Stock Price and (ii) $0.01 (the Exercise Price per whole Warrant Share that would have been received), multiplied by (b) such fraction.
If any fraction of a Warrant Share would, except for this Section 3.6, be issuable, the Company will pay an amount in cash equal to (a) the sum of (i) the Adjusted Stock Price and (ii) the Exercise Price (if any) per whole Warrant Share that would have been received), multiplied by (b) such fraction.
Each Warrant will, upon exercise thereof as provided herein, initially entitle the Holder thereof to purchase the number of shares of Common Stock having an Adjusted Stock Price equal to the Adjusted Litigation Recovery divided by the Maximum Number of Warrants at an exercise price per Warrant equal to the number of shares of Common Stock for which the Warrant is exercisable multiplied by $0.01 (the "Exercise Price").