Matured Shares definition

Matured Shares means Shares that a Participant has acquired through the exercise of a Stock Option, the vesting of Restricted Stock Units or the purchase of Shares which, at the relevant date, the Participant has held for a minimum of six months and one day (or such greater or lesser period as the Committee may determine from time to time).
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Matured Shares means Shares that had been held by the Optionee for a meaningful period of time such as six months or such other period of time that is consistent with FASB's interpretation of APB 25.
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Matured Shares means, with respect to any Participant, Common Stock owned by such Participant for longer than six months.
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Examples of Matured Shares in a sentence

  • The Seller shall transfer to the Escrow Agent for the benefit of the Counterparty the Matured Shares less the Maturity Shares and the Penalty Shares.

  • If you elect not to satisfy the Withholding Tax using Shares in settlement of the Restricted Stock Units, but do not otherwise satisfy the amount of required Withholding Tax by delivery of cash or Matured Shares to the Company, the Company will withhold from the Shares to be delivered the minimum amount of funds required to cover any Withholding Tax required to be withheld by the Company by reason of such settlement.

  • During any Window Period following any Valuation Date, a Participant shall have the right to require the Company to purchase at their then Fair Market Value any or all of his Shares that are then Matured Shares that were acquired by exercise of an Option (including pursuant to a net settlement) or the vesting of Restricted Stock Units.

  • If you elect not to satisfy the Withholding Tax using Shares in settlement of the Options, but do not otherwise satisfy the amount of required Withholding Tax by delivery of cash or Matured Shares to the Company, the Company will withhold from the Shares to be delivered the minimum amount of funds required to cover any Withholding Tax required to be withheld by the Company by reason of such settlement.

  • Subject to Rule 32 and, in the case of Appropriated Shares, to the provisions of Rule 20 any sale proceeds received by the Trustees on disposing of an Eligible Employee's Matured Shares or Appropriated Shares or any sums due from the Trustees to such Eligible Employee on acquiring the beneficial interest in all or any part his Matured Shares or Appropriated Shares shall be transferred promptly to such Eligible Employee.

  • Commencing with the first Window Period following the fifth anniversary of the Investment Date in respect of which a Matching Award is granted, a Participant that is still providing Service to the Company or an Affiliate shall have the right to require the Company to purchase during such Window Period or any subsequent Window Period any or all of his Shares that relate to such Matching Award and that are Matured Shares, at their then Fair Market Value.

  • Upon settlement of any Restricted Stock Units, any applicable Withholding Tax must be satisfied either (i) by you paying the amount of required Withholding Tax to the Company in cash, (ii) by you delivering to the Company that number of whole Matured Shares having a Fair Market Value at least equal to the amount of the required Withholding Tax, (iii) from the Shares issuable in respect of the Restricted Stock Units or (iv) by a combination of the foregoing.

  • No. of Shares of Common Stock: Aggregate Exercise Price Therefor: Cashless Exercise (by Delivery of Matured Shares): Yes No Signature of Participant Date Print Participant's Name Participant's Social Security No. Participant's Residence Address: Mailing Address, if different from Residence Address: Street Street City State Zip Code City State Zip Code Acknowledged Receipt of Notice as of______________________.

  • Subject to Rule 32.3, all the costs and expenses (including, without prejudice to the generality of the forgoing, all stamp duty and brokerage fees) arising as a result of any disposal on behalf of, or any transfer to, an Eligible Employee of his Qualification Shares, Deposited Shares, Matured Shares or Appropriated Shares shall unless the Company directs otherwise be payable to the Eligible Employee on whose behalf such transaction is carried out or by whom such instruction is given.

  • Subject as provided in these Rules, the Trustees shall hold any Eligible Employee's Matured Shares as nominee for him and shall, subject as hereinafter provided, take such action in respect of such Matured Shares as he directs by notice in writing in the prescribed form including, with prejudice to the generality of the foregoing, to transfer to him, or otherwise deal with, or dispose of, on his behalf, his Matured Shares.

Related to Matured Shares

  • Mature Shares means Common Shares owned by a Participant that are not subject to any pledge or security interest and that have been either previously acquired by the Participant on the open market or meet such other requirements, if any, as the Committee may determine are necessary in order to avoid an accounting earnings charge on account of the use of such shares to pay the Exercise Price or satisfy a withholding obligation of the Participant.

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • DWAC Shares means shares of Common Stock that are (i) issued in electronic form, (ii) freely tradable and transferable and without restriction on resale and (iii) timely credited by the Company to the Investor’s or its designee’s specified Deposit/Withdrawal at Custodian (DWAC) account with DTC under its Fast Automated Securities Transfer (FAST) Program, or any similar program hereafter adopted by DTC performing substantially the same function.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

  • Relevant Shares means ordinary share capital of the Approved Entity that constitutes equity share capital or the equivalent (or depositary or other receipts representing the same) which is listed and admitted to trading on a Regulated Market.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • A Ordinary Shares means the A ordinary shares of £0.01 each in the capital of the Company;

  • Class C Shares means the shares of Class C common stock of the Company.

  • Common Shares means the common shares in the capital of the Corporation;

  • New Ordinary Shares means the new Ordinary Shares arising on Conversion of the C Shares;

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Redemption Shares has the meaning set forth in Section 6.2(a). “Reviewed Year” has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Investor Shares shall have the meaning given in the Recitals hereto.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • Issued Shares means, collectively, all outstanding Shares issued pursuant to Restricted Stock Awards, all outstanding Shares issued pursuant to Unrestricted Stock Awards, and all Option Shares.

  • Acquired Shares has the meaning set forth in the Recitals.

  • Amalco Shares means the common shares in the capital of Amalco;

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.