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, 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 $0.145.

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.

• At the Effective Time, all Company Options (as defined in -------- Section 5.1(b)) (whether vested or unvested) that have an exercise price that is lower than the then Offer Price (the "In-the Money Options") will be cashed out -------------------- by the Company by payment to each holder of such In-the-Money Options the difference between the exercise price and the Offer Price.

• Any holders of Company Common Stock, Company Vested In-the-Money Options or SPAC Common Stock who have not theretofore complied with this Section 3.05 shall thereafter look only to Holdco for payment of the applicable portion of the Aggregate Transaction Consideration, without interest.

• Notwithstanding the foregoing, fifty percent (50%) of the Stock Consideration issued in exchange for the RSUs or In-the-Money Options to each RSU-holder or Option-holder, respectively, that is (x) not an employee of the Company as of the date hereof or (y) currently serving as a director of the Company (except for those directors that are currently employees or officers of the Company), shall be exempt from such restrictions.

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, 2016 over the exercise price of the options. The market price for the Company’s common shares on December 31, 2016 was $0.12.

In-the-Money Options means the excess of the market value of the Company’s shares on December 31, 2018 over the exercise price of the options. The last trading price of the Company’s shares on the TSX Venture Exchange on December 31, 2018 was $0.115.

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 December 31, 2020 over the exercise price of the options that have vested at such date. The market price for the Company’s common shares on December 31, 2020 was $0.94.

In-the-Money Options means the excess of the market value of the Company’s shares on April 30, 2018 over the exercise price of the options. The market value of the Company’s common shares on April 30, 2018 was $0.065. No value has been given to unexercised options that were out of-the money on April 30, 2018. “

In-the-Money Options means the excess of the market value of the Company’s shares on December 31, 2013 over the exercise price of the options. The closing price of the Company's shares as of December 31, 2013 was $0.01.

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.