In-the-Money Options definition

In-the-Money Options means the excess of the market value of the Company’s shares on December 31, 2021 over the exercise price of the options.

In-the-Money Options means the excess of the market value of the Company’s shares at the Company’s most recently completed financial year end on December 31, 2017 over the exercise price of the options. The last trading price of the Company’s shares on the TSX Venture Exchange on December 31, 2017 was C$0.085.

In-the-Money Options means the excess of the market value of the Company’s shares on December 31, 2015 over the exercise price of the options. The market price for the Company’s common shares on December 31, 2015 was $0.11.

Examples of In-the-Money Options in a sentence

• Xxxxxxx owns options to purchase 37,500 shares of Common Stock (the "In-the-Money Options") and options to purchase 25,000 shares of Common Stock (the "Out-of-the-Money Options", which together with the In-the-Money-Option, shall be referred to in this Agreement collectively as "William's Stock Options"), in each case subject to adjustment as provided in Section 6.11 below.

• Unexercised In-the-Money Options is the difference between the closing price per share of $3.00 at December 31, 1998, and the exercise price per share multiplied by the number of shares subject to options.

• Parent shall furnish or cause to be furnished to the Rights Agent, in a form reasonably satisfactory to the Rights Agent, and received from the Paying Agent in the Offer, the Paying Agent in the Merger, and in the case of Holders who held In-the-Money Options and Company Stock Rights, the Company, the names and addresses of the Holders promptly upon the Acceptance Time or the Effective Time, as applicable.

• Prior to the Effective Time, Parent and the Company shall take all action necessary such that (a) Parent shall assume the Option Plan, (b) all Options which are Assumed Options shall be assumed by Parent (or Parent Options shall be substituted for such Options) and (c) all Options which are not In-the-Money Options shall terminate as of the Effective Time.

• To the extent that amounts are so deducted or withheld, such amounts shall be treated for all purposes under this Agreement as having been paid to the holders of such In-the-Money Options to whom such amounts would otherwise have been paid.

More Definitions of In-the-Money Options

In-the-Money Options means the excess of the market value of the Company’s shares on December 31, 2022 over the exercise price of the options. The last trading price of the Company’s shares on the TSX Venture Exchange on December 30, 2022 (being the last day the shares of the Company traded on the TSX Venture Exchange in 2022) was $0.07.

In-the-Money Options means the excess of the market value of the Company’s shares on December 31, 2019 over the exercise price of the options. The last trading price of the Company’s shares on the TSX Venture Exchange on December 31, 2019 was $0.48.

In-the-Money Options means the excess of the market value of the Company’s common shares on September 30, 2015 over the exercise price of the options. The market price for the Company’s common shares on September 30, 2015 was $0.16.

In-the-Money Options means the excess of the market value of the Company’s shares on October 31, 2017 over the exercise price of the options. The market price for the Company’s common shares on October 31, 2017 was $0.350.

In-the-Money Options means the excess of the market value of the Company’s shares on March 31, 2019 over the exercise price of the options. The trading price of the Company’s shares on the TSX Venture Exchange (“TSX-V”) was $0.025 on March 31, 2019.

In-the-Money Options means the excess of the market value of the Company’s shares on April 30, 2021 over the exercise price of the options. The market value of the Company’s common shares on April 30, 2021 was $0.38. No value has been given to unexercised options that were out of-the money on April 30, 2021.

In-the-Money Options means the unexercised, validly issued, unexpired Company Options or portions of Company Options that are outstanding immediately prior to the Effective Time and that have an exercise price that is less than the Common Per Share Consideration.