Examples of Atlas Common Stock in a sentence
Western Atlas shall take all action necessary to amend (if necessary), or otherwise provide for adjustments of outstanding awards under, the Western Atlas Stock Option Plan, so that each outstanding Western Atlas Option will be adjusted by (i) multiplying the number of shares of Western Atlas Common Stock subject to the option by the Adjustment Factor and (ii) dividing the exercise price per share of the option by the Adjustment Factor.
Shares of Atlas Common Stock, Atlas Series D Preferred Stock, Atlas Series E Preferred Stock, Atlas Series G Preferred Stock, Atlas Series H Preferred Stock and Atlas Series I Preferred Stock shall have been approved for listing on the NYSE, subject to the completion of the Merger.
UNOVA will provide to the Agent all information or documents necessary to effect direct registration, and Western Atlas will provide to the Agent any information required in order to complete the Distribution on the basis of one share of UNOVA Common Stock for each share of Western Atlas Common Stock outstanding on the Record Date.
Until the Spin-Off Date, Atlas shall consult with, and cooperate in all respects with, RAI in connection with any primary offering of the Atlas Common Stock or any other securities of Atlas and shall, at RAI's direction, promptly take any and all actions necessary or desirable to consummate such transactions.
Following the Spin-Off, RAI shall promptly, but in no event no later than two business days thereafter, instruct the RAI Transfer Agent to deliver to the Atlas Transfer Agent true, correct and complete copies of the stock and transfer records reflecting the holders of RAI Common Stock receiving shares of Atlas Common Stock in connection with any transaction(s) included as part of the Spin-Off.
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From and after the distribution of Atlas Common Stock in connection with any transaction(s) included as part of the Spin-Off and until such Atlas Common Stock is duly transferred in accordance with applicable law, Atlas shall regard the Persons receiving Atlas Common Stock in such transaction(s) as record holders of Atlas Common Stock in accordance with the terms of such transaction(s) without requiring any action on the part of such Persons.
If the Baker Hughes Share Price is greater than $42.75 and less than or equal to $44.75, the Exchange Ratio adjusts to maintain the value (based on the Baker Hughes Share Price) of the Baker Hughes Common Stock issued for each share of Western Atlas Common Stock at $102.60 and is equal to that fraction, rounded to the nearest thousandth, or if there shall not be a nearest thousandth, to the next lower thousandth, equal to the quotient obtained by dividing $102.60 by the Baker Hughes Share Price.
INFORMATION STATEMENT: the information statement to be sent to the holders of Western Atlas Common Stock in connection with the Distribution.
In the aggregate, Baker Hughes is issuing approximately 148.6 million shares of Baker Hughes Common Stock in exchange for the Western Atlas Common Stock.