Director DSU definition

Director DSU means any deferred stock unit award payable in shares of Company Common Stock or the value of which is determined with reference to the value of a share of Company Common Stock and that is held by a non-employee director of the Company, whether granted under a Company Stock Plan or otherwise.
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Director DSU means each time-based restricted stock unit granted to a non-employee director of the Company under the Atrion Corporation 2021 Equity Incentive Plan, which settles on a deferred basis.
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Director DSU means a deferred share unit allocated to a director of the Company pursuant to the terms of the Director DSU Plan;
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Examples of Director DSU in a sentence

  • Other Stock-based Compensation – Director DSU Awards In May 2014, the Board of Directors modified the director compensation program by replacing stock option grants to non- management directors with a director deferred share unit plan (the “Director DSU Plan”).

  • Represents deferred share units (“DSUs”) under the Non-Employee Director DSU Plan (See “Director Compensation - Compensation of Directors/Attendance” herein).

  • Director DSU awards are expensed in full on the date of grant and recognized in marketing, general and administrative expense in the consolidated statements of income.

  • The Director DSU Plan enables Onex directors to apply directors’ fees earned to acquire Deferred Share Units (“DSUs”) based on the market value of Onex shares at the time.

  • Onex, the parent company, established a Director DSU Plan in 2004, which allows Onex directors to apply directors’ fees earned to acquire DSUs based on the market value of Onex shares at the time.

  • Other Stock-based Compensation – Director DSU Awards In February 2021, the Board of Directors modified its director compensation program by replacing the 2014 Director DSU Plan (as defined below) with a director deferred share unit plan that provides for the settlement of DSUs in cash only (the “2021 Director DSU Plan”) for future grants.

  • DSUs granted under the 2014 Director DSU Plan will continue to be governed by the terms of the 2014 Director DSU Plan.

  • The Board of Directors will no longer issue new DSUs under the director deferred share unit plan dated May 2014 (the “2014 Director DSU Plan”).

  • DSU awards under the 2021 Director DSU Plan are accounted for as cash-settled stock-based transactions with the related liability revalued to fair value at the end of each reporting period.

  • DSU awards under the 2014 Director DSU Plan are accounted for as equity-settled stock-based transactions.


More Definitions of Director DSU

Director DSU means a DSU issued under the Director DSU Plan. Director DSU Holders means the holders of Director DSUs.
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Director DSU means a DSU issued under the Director DSU Plan.
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Related to Director DSU

  • Eligible Director means a person who is (i) a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act, and (ii) an “outside director” within the meaning of Section 162(m) of the Code.

  • Non-Employee Director means a Director who either (i) is not a current employee or officer of the Company or an Affiliate, does not receive compensation, either directly or indirectly, from the Company or an Affiliate for services rendered as a consultant or in any capacity other than as a Director (except for an amount as to which disclosure would not be required under Item 404(a) of Regulation S-K promulgated pursuant to the Securities Act (“Regulation S-K”)), does not possess an interest in any other transaction for which disclosure would be required under Item 404(a) of Regulation S-K, and is not engaged in a business relationship for which disclosure would be required pursuant to Item 404(b) of Regulation S-K; or (ii) is otherwise considered a “non-employee director” for purposes of Rule 16b-3.

  • Director Fees means the total compensation (including annual retainer and meeting fees, if any) paid by the Corporation to a Director in a calendar year for service on the Board;

  • Inside Director means a Director who is an Employee.

  • Deferred Stock Award means Awards granted pursuant to Section 8.