Examples of LSC Common Stock in a sentence
For stockholders of RRD who own RRD Common Stock through a broker or other nominee, their shares of LSC Common Stock will be credited to their respective accounts by such broker or nominee.
In the event that the RRD Reverse Stock Split is not effected prior to the LSC Distribution Record Date, the number of shares of RRD Common Stock to be used in calculating the number of shares of LSC Common Stock to which RRD stockholders will be entitled pursuant to this Section 4.1 shall be determined before giving effect to the RRD Reverse Stock Split.
Prior to the Relevant Time, RRD shall cause the rabbi trust underlying the Xxxxxxx Director Retainer Fee Plan to be amended to provide that as soon as practicable following the LSC Distribution and the Donnelley Financial Distribution, the trustee shall sell any LSC Common Stock and Donnelley Financial Common Stock in such trust in the open market and shall use the proceeds of such sales to purchase RRD Common Stock.
No action by any such stockholder shall be necessary for such stockholder to receive the applicable number of shares of (and, if applicable, cash in lieu of any fractional shares pursuant to Section 4.2 hereof) LSC Common Stock such stockholder is entitled to in the LSC Distribution.
Fractional shares of LSC Common Stock or Donnelley Financial Common Stock will not be distributed in the Distributions nor credited to book-entry accounts.
RRD stockholders holding a number of shares of RRD Common Stock, on the applicable Record Date, which would entitle such stockholders to receive less than one whole share of LSC Common Stock or Donnelley Financial Common Stock, as the case may be, in the applicable Distribution, will receive cash in lieu of fractional shares.
None of RRD, LSC, Donnelley Financial or the Distribution Agent will guarantee any minimum sale price for the fractional shares of LSC Common Stock or Donnelley Financial Common Stock.
Each holder of RRD Common Stock on the LSC Distribution Record Date will be entitled to receive in the LSC Distribution [● (●)] shares of LSC Common Stock for every [●] shares of RRD Common Stock held by such stockholder.
Each holder of RRD Common Stock on the LSC Distribution Record Date will be entitled to receive in the LSC Distribution one share of LSC Common Stock for every eight shares of RRD Common Stock held by such stockholder.
As of the date hereof, (i) 7,989,880 shares of LSC Common Stock and nil shares of LSC Preferred Stock were issued and outstanding, and (ii) 2,625,000 shares of LSC Common Stock were reserved for issuance upon exercise of outstanding stock options or warrants.