Examples of Matching Shares in a sentence
Under the Matching Shares arrangement, selected executives may invest up to the value of 50% of their net-of-tax base salary in LSEG shares (Invested Value).
Tax exemption of the Matching Shares can be claimed where prior to vesting the employee confirms to Brambles their intention to hold the Matched Share for a period of three years or more after vesting.
The number of Matching Shares and Performance Shares will be subject to recalculation as a result of intervening bonus issues, splits, rights issues and/or other similar corporate events.
The Employee Matching Shares will be allotted after the expiration of a 3 year lock-up period, starting on the date the Employees were notified by Sobi of their admission to the All Employee Program (the “Lock-up Period”).
The participant shall not pay any consideration for the allotted Matching Shares and Performance Shares.