Examples of Fiesta Common Stock in a sentence
All of the shares of Fiesta Common Stock so issued will be validly issued, fully paid and non-assessable.
This Agreement shall automatically terminate upon the earlier of (a) a sale, transfer or other disposition by Jefferies Capital Partners (in one or a series of transactions) of all of the Subject Shares in accordance with Section 3.1, or (b) the percentage ownership of Common Stock held by Jefferies Capital Partners falling below the Operative Percentage or (c) the percentage ownership of Fiesta Common Stock held by Jefferies Capital Partners falling below the Fiesta Percentage.
Registration Statement” means the registration statement on Form 10 of Fiesta Restaurant Group (File No. 001-35373) with respect to the registration under the Exchange Act of the Fiesta Common Stock, including any amendments or supplements thereto.
Record Date” means the close of business on the date to be determined by the Board of Directors of CRG as the record date for determining stockholders of CRG entitled to receive shares of Fiesta Common Stock on the Distribution Date pursuant to Section 4.2.
The restricted shares of Fiesta Common Stock to be granted to Mr. Taft will vest over four years at the rate of 25% per annum beginning on the first anniversary of the date of grant and will be subject to the provisions of the stock incentive plan to be adopted by the Company following the consummation of the spin-off.
On the one month anniversary of the date that the shares of the Company’s common stock (“Fiesta Common Stock”) begin trading publicly, the Company’s Chief Executive Officer will receive a grant of restricted Fiesta Common Stock with an aggregate value of $2.0 million, based upon the average trading price of Fiesta Common Stock for the first four weeks the shares commence trading publicly.