Average Final Price is equal to the average closing daily price of a share of common stock during the last 20 trading days in the TSR Performance Period.
Average Final Price is equal to the average closing price of a share of such company’s stock during the last 20 trading days in the Performance Period.
Average Final Price means the volume-weighted average (rounded to the nearest $0.0001) of the closing trading prices of Parent Common Stock on the New York Stock Exchange (the "NYSE"), as reported in the Wall Street Journal, Eastern Edition (or such other sources as the parties shall agree in writing), for the 20 Trading Days (as defined in Section 8.11) randomly selected by lot out of 30 consecutive Trading Days ending on the fifth business day immediately preceding the Closing Date. On the fourth Business Day immediately preceding the Closing Date, the parties hereto shall announce by press release the amount of the Average Final Price.
Examples of Average Final Price in a sentence
TSR for the Company and each Peer Group Company for the Performance Period shall be calculated as follows: • the (x) Average Final Price minus the Average Initial Price, plus Reinvested Dividends, divided by (y) the Average Initial Price.
For purposes of this Exhibit A, TSR for the TSR Performance Period shall be calculated as follows: • “TSR” is equal to (x) the Average Final Price minus the Average Initial Price, plus Dividends Paid on a share of common stock in respect of the TSR Performance Period, divided by (y) the Average Initial Price.
Any former Seacoast stockholder who would otherwise be entitled to receive a fraction of a share of Sovereign Common Stock shall receive, in lieu thereof, cash in an amount equal to such fraction multiplied by the Average Final Price.
Any former First Essex stockholder who would otherwise be entitled to receive a fraction of a share of Sovereign Common Stock shall receive, in lieu thereof, cash in an amount equal to such fraction multiplied by the Average Final Price.
If the Average Final Price is within the collar, the total consideration paid to Conectiv Stockholders will remain the same and have no impact on the pro forma financial information except for earnings and dividends per share described below.
More Definitions of Average Final Price
Average Final Price means the Sovereign Market Value as of the Effective Date.
Average Final Price is equal to the average closing daily price of a Share during the last 20 trading days in ___________20___. · The “Dividends Paid” shall equal the cumulative dividends (including any stock dividends) paid per Share during the TSR Performance Period. For this purpose, dividends declared, but not yet paid, on a Share within the 45 day period preceding ____________ _____, 20___ will be counted as Dividends Paid. The portion of the Target Amount that will vest on the Vesting Date shall be determined by comparing the MFA Average TSR to the Target TSR and may range from zero up to a maximum vesting of 200% of the Target Amount. The number of Phantom Shares that will vest on the Vesting Date shall equal the product of (i) the Target Amount and (ii) the sum of (A) one (1) and (B) a fraction (which fraction can be a negative number), the numerator of which is MFA Average TSR less Target TSR and the denominator of which is eight (8). For purposes of the preceding sentence, in the event that MFA Average TSR is (x) less than zero, then MFA Average TSR shall be zero, and (y) greater 16%, then MFA Average TSR shall be 16%. Any Phantom Shares that do not vest on the Vesting Date shall be forfeited. Within 30 days following the Vesting Date, vested Phantom Shares and related DERs, if any, will be settled as described in the Agreement. Set forth below are examples which are intended to be used purely for illustrative purposes: Example 1: Assume a Target Amount of 10,000 Phantom Shares. If MFA Average TSR over the TSR Performance Period were 2%, then the portion of the PRSU award that would become vested would be equal to two-eighths (2/8) of the Target Amount, or 2,500 Phantom Shares. Example 2: Assume a Target Amount of 10,000 Phantom Shares. If MFA Average TSR over the TSR Performance Period were 12%, then the portion of the Phantom Share award that would become vested would be equal to 1.5 times (or twelve-eighths (12/8) of) the Target Amount, or 15,000 Phantom Shares. Example 3: Assume a Target Amount of 10,000 Phantom Shares. If MFA Average TSR over the TSR Performance Period were 16%, then the portion of the Phantom Share award that would become vested would be equal to two times (or sixteen-eighths (16/8) of) the Target Amount, or 20,000 Phantom Shares (maximum vesting).
Average Final Price means the average of the daily closing stock prices for the Company’s Class A Common Stock on the New York Stock Exchange over the ten trading days ending on the last day of the Performance Period (if such last day is not a trading day, then the last trading day preceding such last day).
Average Final Price is the average of the daily [closing] price of a Share [on the [•]] or other public exchange that Shares may hereinafter be listed on for the [•] trading days preceding the conclusion of the Restriction Period or, if the Grantee has a Termination of Service in accordance with Paragraph 2(d) of this Agreement, for the 20 trading days preceding the date of termination (or the period of service, if less). Dividends Paid: is equal to the cumulative dividends (including any stock dividends) paid on a Share and special distributions paid on a Share over the Restriction Period beginning on the date hereof, and continuing through the conclusion of the Restriction Period or, if the Grantee has a Termination of Service in accordance with Paragraph 2(d) of this Agreement, through the date of such termination. For these purposes, dividends declared, but not yet paid, on a Share within the [•]-day period preceding the conclusion of the Restriction Period or a Termination of Service, as applicable, will be counted as Dividends Paid. * Calculation of the Average Initial Price and Average Final Price will be adjusted for any stock splits, reverse stock splits, stock combinations or other similar changes in the capital structure of the Company.]
Average Final Price means, for any date, the price determined by the first of the following clauses that applies: (1) If the Common Stock is then listed for trading on the OTC Markets or a United States or Canadian national securities exchange (as applicable, the “Trading Market”), then 80% of the volume-weighted average (rounded to the nearest $0.0001) of the closing price of Company Common Stock on such Trading Market during the 20 Trading Day period immediately prior to the Closing Date (as defined below), as reported by Bloomberg L.P. (based on a trading day from 9:30 a.m. (New York City time) to 4:02 p.m. (New York City time)), (2) if the Company Common Stock is not then listed or quoted for trading on a Trading Market, and if prices for the Common Stock are then reported in the “Pink Sheets” published by OTC Markets Group, Inc. (or a similar organization or agency succeeding to its functions of reporting prices), 80% of the most recent bid price per share of the Common Stock so reported, or (3) in all other cases, 80% of the fair market value of a share of Common Stock as is determined in good faith by the Board of Directors of the Company and approved by the member(s) of the Board of Directors of the Company who are not shareholders of WOHG, after taking into consideration factors it deems appropriate. For purposes herein, “Trading Day” shall mean any day on which the Trading Market is generally open for business and on which the Company Common Stock is then traded or the then-applicable primary securities exchange or market on which the Company Common Stock is traded.
Average Final Price is the average of the daily closing price of a Share on the New York Stock Exchange or other public exchange that Shares may hereinafter be listed on for the 20 trading days preceding or, if the Grantee has a Termination of Service in accordance with paragraph 2(c) of this Agreement, for the 20 trading days preceding the date of termination (or the period of service, if less). Dividends Paid: is equal to the cumulative dividends (including any stock dividends) paid on a Share and special distributions paid on a Share over the Performance Period beginning on the Effective Date and continuing through the Vesting Date or, if the Grantee has a Termination of Service in accordance with paragraph 2(c) of this Agreement, through the date of such termination. For these purposes, dividends declared, but not yet paid, on a Share within the 45-day period preceding the Vesting Date or a Termination of Service, as applicable, will be counted as Dividends Paid. To the extent that such performance goals/measures are not satisfied by the Vesting Date, then, except as set forth in paragraph 2(c) of this Agreement, as of such date, the Phantom Shares granted hereunder shall be automatically and without notice or payment of any consideration by the Company terminate and be forfeited by the Grantee. * Calculation of the Average Initial Price and Average Final Price will be adjusted for any stock splits, reverse stock splits, stock combinations or other similar changes in the capital structure of the Company.
Average Final Price means the average (rounded to the nearest US $0.0001) of the closing trading prices of the Buyer Shares on the NASDAQ National Market, as reported in The Wall Street Journal, Eastern Edition (or such other sources as the parties shall agree in writing), for the 20 consecutive trading days ending on the fifth business day immediately preceding the Closing Date. For purposes of determining the amount (if any) by which U.S. $13,000,000 exceeds the sum of the Dividend and the Investment Reserves Release Tax, the sum of the Dividend and the Investment Reserves Release Tax, as expressed in British pounds sterling, shall be converted to US dollars at the rate of US $1.4293 for each British pound sterling.