Examples of Director RSU in a sentence
Each Annual Director RSU vests on the earlier of the date of the following year's annual meeting (or the date immediately prior to the next annual meeting, if the non-employee director's service as a director ends at such meeting due to the director's failure to be re-elected or the director not standing for re-election); or the first anniversary of the date of grant, in each case subject to the director's continued service through such vesting date.
The Director RSU Award shall be granted automatically on the date of the annual shareholders meeting (the “Director Grant Date”).
Unless deferred, Shares subject to Director RSU Awards shall be delivered promptly upon satisfaction of the vesting conditions, but no later than March 15 of the calendar year following the calendar year in which the vesting conditions are satisfied.
The Director RSUs granted are accounted for under the liability method whereby a liability is recorded at grant date equal to the fair value of the Director RSU.
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The unaudited pro forma basic and diluted loss per share excludes the non-recurring $15.7 million stock-based compensation expense associated with the Director RSU Awards.
Kern received the Director RSU award for his service as a non-employee director under the Company’s non-employee director compensation program on June 1, 2018, and received the Cliff-Vest RSU award following his appointment as Vice Chairman on June 20, 2018.
Ordinary Shares available for grant or sale under each of the 2021 DSOP and the 2021 Director RSU Plan will be reduced by the net Ordinary Shares granted under any such plan.
Application for admission should be made in the prescribed form available along with prospectus.
The Florida Department of Education shall develop by October 1, 1990, a list of approved tests.