Examples of MSG Class A Common Stock in a sentence
Pro forma earnings per share and pro forma weighted-average basic shares outstanding are based on the number of shares of MSG Class A Common Stock and MSG Class B Common Stock outstanding of 23.9 million during the six months ended December 31, 2019 and 23.8 million during the year ended June 30, 2019, respectively.
As described below, MSG Class A Common Stock will not trade on an ex-dividend basis with respect to our common stock and, as a result, if a record holder of MSG Class A Common Stock sells those shares after the record date and on or prior to the Distribution date, the seller will be obligated to deliver to the purchaser the shares of our common stock that are issued in respect of the transferred MSG Class A Common Stock.
A: Approximately [●] million shares of our Class A Common Stock and [●] million shares of our Class B Common Stock will be distributed in the Distribution, based upon the number of shares of MSG Class A Common Stock and MSG Class B Common Stock outstanding on the record date.
Spinco’s weighted average shares outstanding assumes a distribution ratio of 1 share of our common stock for each share of MSG Class A Common Stock and MSG Class B Common Stock held on the record date for the Distribution.
Spinco’s weighted average shares outstanding assumes a distribution ratio of one share of our common stock for each share of MSG Class A Common Stock and MSG Class B Common Stock held on the record date of the Distribution.
A: Approximately [—] million shares of our Class A Common Stock and [—] million shares of our Class B Common Stock will be distributed in the Distribution, based upon the number of shares of MSG Class A Common Stock and MSG Class B Common Stock outstanding on the record date.
A: Holders of MSG Class A Common Stock will receive a distribution of one share of our Class A Common Stock for every [—] share(s) of MSG Class A Common Stock held by them on the record date, and holders of MSG Class B Common Stock will receive a distribution of one share of our Class B Common Stock for every [—] share(s) of MSG Class B Common Stock held by them on the record date.
A: Holders of MSG Class A Common Stock will receive a distribution of one share of our Class A Common Stock for every [●] share(s) of MSG Class A Common Stock held by them on the record date, and holders of MSG Class B Common Stock will receive a distribution of one share of our Class B Common Stock for every [●] share(s) of MSG Class B Common Stock held by them on the record date.
In order for Mr. Dolan to recognize the full target value of the MSG Performance Alignment Option Grants ($30 million), the price of a share of MSG Class A Common Stock would have to increase to a per share price of $416.39 (a 35% increase over the closing price on the NYSE on the date of grant).
With respect to Mr. Dolan, the MSG Performance Alignment Option Grants of (i) 125,015 market-priced stock options, (ii) 144,245 110% premium-priced stock options and (iii) 179,732 125% premium-priced stock options, each granted in October 2018, would fully vest but have no impact on the value presented in the table above because they had an exercise price greater than the closing market price of a share of MSG Class A Common Stock on June 28, 2019.