Ending Average Stock Price definition

Ending Average Stock Price shall be calculated as the average Closing Stock Price for the last 20 trading days of the applicable Performance Period.
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Ending Average Stock Price means the average closing price of the Company’s Stock over the 60 calendar day period ending on the third anniversary of the Effective Date; provided, however, that in the event of a Change of Control, the “Ending Average Stock Price” shall equal the price per share of the Company’s Stock to be paid to the holders thereof in accordance with the definitive agreement governing the transaction constituting the Change of Control (or, in the absence of such agreement, the closing price per share of the Company’s Stock for the last trading day prior to the consummation of the Change of Control).
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Ending Average Stock Price means (A) the average closing price of the Company’s Stock over the 60 calendar day period ending on the third anniversary of the date of grant times (B) the sum of one plus X, where X equals the additional fractional share that would exist on the third anniversary if all dividends on one share of Company Stock during the period from the date of grant to the third anniversary thereof were used to purchase additional fractional shares (assuming such dividends are reinvested in the Company’s Stock on the date of payment), including the reinvestment of dividends on such additional fractional shares; provided, however, that in the event of a Change of Control, the “Ending Average Stock Price” will equal (A) the price per share of the Company’s Stock to be paid to the holders thereof in accordance with the definitive agreement governing the transaction constituting the Change of Control (or, in the absence of such agreement, the closing price per share of the Company’s Stock for the last trading day prior to the consummation of the Change of Control) times (B) the sum of one plus X, where X equals the additional fractional share that would exist on the date of the Change of Control if all dividends on one share of Company Stock during the period from the date of grant to the date of such Change of Control were used to purchase additional fractional shares (assuming such dividends are reinvested in the Company’s Stock on the date of payment), including the reinvestment of dividends on such additional fractional shares.
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Examples of Ending Average Stock Price in a sentence

  • If the Ending Average Stock Price is below 60% of the Target Price, all of the Performance Share Units awarded by this Agreement shall immediately be forfeited and cancelled without consideration as of the last day of the Performance Period.

  • The Participant shall be paid the Target Award if the Ending Average Stock Price equals the Target Price.

  • The Participant shall not be paid any portion of the Target Award unless the Ending Average Stock Price is at least 60% of the Target Price.

  • In the event that the stock of the measured company goes ex-dividend during the Performance Period (including the ___-day trading period during which the Ending Average Stock Price is to be calculated), such dividend shall be included in the determination of “Reinvested Dividend Amount,” notwithstanding the fact that the payment date of such dividend may actually occur after the conclusion of the Performance Period.

  • In the event that the stock of the measured company goes ex-dividend during the Performance Period (including the -day trading period during which the Ending Average Stock Price is to be calculated), such dividend shall be included in the determination of “Reinvested Dividend Amount,” notwithstanding the fact that the payment date of such dividend may actually occur after the conclusion of the Performance Period.

  • In the event that the stock of the measured company goes ex-dividend during the Performance Period (including the 10-day trading period during which the Ending Average Stock Price is to be calculated), such dividend shall be included in the determination of “Reinvested Dividend Amount,” notwithstanding the fact that the payment date of such dividend may actually occur after the conclusion of the Performance Period.

  • For the avoidance of doubt, if the Ending Average Stock Price is less than Performance Hurdle I, no portion of the Inducement PSU Award shall vest.

  • The “Stock Performance Multiplier” is the quotient obtained by dividing the Ending Average Stock Price (as defined herein) by the Beginning Average Stock Price (as defined herein), subject to a maximum Stock Performance Multiplier of 2.0. Notwithstanding the preceding sentence, the Stock Performance Multiplier will be zero if the Ending Average Stock Price is less than 50% of the Beginning Average Stock Price.

  • As soon as practicable following completion of the Performance Period, but no later than thirty (30) days following such completion except as provided in Section 8.1, the Committee shall determine and certify in writing the Ending Average Stock Price and the Performance Multiplier attained for the Performance Period and the resulting number of Units which have become Earned Units (the date of such certification being the “Certification Date”).3.2Adjustment for Leave of Absence or Part-Time Work.

  • Where the Beginning Average Stock Price is equal to the average closing stock price for the 20-trading days leading up to the first day of the performance period and Ending Average Stock Price is equal to the average closing stock price for the 20-trading days leading up and including the last day of the performance period, assuming dividends are reinvested in additional shares of stock on the ex-dividend date.


More Definitions of Ending Average Stock Price

Ending Average Stock Price shall be calculated as the volume weighted average Stock Price for the last 20 trading days of the applicable Performance Period.
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Ending Average Stock Price means the average closing price of the Company’s Stock over the 60 calendar day period ending on the third anniversary of the date of grant; provided, however, that in the event of a Change of Control, the “Ending Average Stock Price” shall equal the price per share of the Company’s Stock to be paid to the holders thereof in accordance with the definitive agreement governing the transaction constituting the Change of Control (or, in the absence of such agreement, the closing price per share of the Company’s Stock for the last trading day prior to the consummation of the Change of Control).
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Ending Average Stock Price is the applicable entity's average volume weighted closing common stock price for the last twenty trading days of the Performance Period (or, in the event of a qualifying termination of Service or Change in Control under Section 2 or 3 of the Agreement prior to the end of the Performance Period, for the last ten trading days prior to the applicable measurement date specified under Section 2 or 3 of the Agreement).
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Ending Average Stock Price the mathematical average of the daily closing stock prices for the last 30 trading days of 2021.
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Ending Average Stock Price means the average, over the twenty (20) consecutive trading days ending on the last trading day of the Performance Period, of the closing price of a company’s common shares multiplied by the Accumulated Shares for each trading day during the measurement period.
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Ending Average Stock Price means the mathematical average of the daily closing stock prices for the last 90 days of 2015.
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Related to Ending Average Stock Price

  • Average Closing Price means the average of the closing market prices of a Share over the last five (5) Market Days on which transactions in the Shares were recorded on the SGX-ST immediately preceding the date of the Market Purchase by the Company or, as the case may be, the date of the making of the offer pursuant to the Off-Market Purchase, and deemed to be adjusted for any corporate action that occurs after the relevant five-day period; and

  • Stock Price shall have the meaning specified in Section 14.03(c).

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Closing Price has the meaning assigned to such term in Section 15.1(a).