Class B Restricted Stock definition

Class B Restricted Stock means the shares of Common Stock issued upon conversion of the Class B Convertible Preferred Stock, par value $.001 per share (the "Class B Convertible Preferred Stock"), excluding such shares which have been (a) registered under the Securities Act pursuant to an effective registration statement filed thereunder and disposed of in accordance with the registration statement covering them or (b) publicly sold pursuant to Rule 144 under the Securities Act.
View Source

Examples of Class B Restricted Stock in a sentence

  • Exercise Price per Share of Stock: $ 1 Total Exercise Price: $ Total Number of Shares of Stock Subject to the Option: ________________________________________shares [which represents ______ minus the number of shares of Class B Restricted Stock granted to such Participant].

  • Shares [which represents 1,183,432 minus the number of shares of Class B Restricted Stock granted to such Participant].

  • This Amendment Agreement shall not be modified without the prior consent of the Company and (i) the holders of a majority of the Class B Restricted Stock, (ii) the holders of a majority of the Class C Restricted Stock, (iii) the holders of a majority of the Class D Restricted Stock, (iv) the holders of a majority of the Class E Restricted Stock, (v) the holders of a majority of the Class F Restricted Stock and (vi) the holders of at least two-thirds of the outstanding shares of Registrable Securities.

  • There are no outstanding shares of Class B Common Stock, Class B Stock Options or Class B Restricted Stock Awards.