Examples of Convertible Stock in a sentence
Upon the transfer of shares of Class B Convertible Stock to a person other than Mr. Plank or a related party of Mr. Plank, the shares automatically convert into shares of Class A Common Stock on a one-for-one basis.
PLEASE TAKE FURTHER NOTICE that, as of , 2016, has Beneficial Ownership of shares of Common A Stock, shares of Common B Stock, shares of B Preferred Stock, shares of C Convertible Stock, shares of D-1 Preferred Stock, and/or shares of D-2 Preferred Stock.
At December 31, 2000, Enron had outstanding 1,240,933 shares of Cumulative Second Preferred Convertible Stock (the Convertible Preferred Stock), no par value.
In connection with the Unit Exchange that was consummated on August 31, 2015, 250 shares of Series A Convertible Stock held by Mr. Kornberg were exchanged for 2,778 Exchange Units.
Neither the Company nor any person authorized or employed by the Company as agent, broker, dealer or otherwise in connection with the offering or sale of the Preferred Convertible Stock Company has offered the same or any such securities for sale to, or solicited any offers to buy the same from, or otherwise approached or negotiated with respect thereto with, any person or persons other than the Investors and not more than [ ] other financially sophisticated investors.