Examples of New RSUs in a sentence
From and after the Amendment Time this Amended Plan of Arrangement shall take precedence and priority over any and all New Subordinate Shares, New Multiple Shares, Floating Shares, Company Options, New Options, Floating Options, Company RSUs, New RSUs, Floating RSUs, Company Compensation Options, New Compensation Options and Floating Compensation Options issued or outstanding at or following the Amendment Time.
See Section 2 of this Offer to Exchange entitled “Eligible Options; Number of New RSUs; Expiration Date” for more information.
See Section 6 of this Offer to Exchange entitled “Acceptance of Options for Exchange; Grant of New RSUs; Cash Payments” for more information.
New RSUs granted in the option exchange will not be vested on their date of grant regardless of whether the exchanged option was fully vested.
New RSUs will be granted in exchange for your surrendered eligible options on the grant date, which will be the same U.S. business day as the expiration date.
See Section 2 of this Offer to Exchange entitled “Eligible Options; Number of New RSUs; Expiration Date” and Section 7 of this Offer to Exchange entitled “Conditions of the Offer” for more information.The offer is not conditioned upon a minimum number of eligible stock options being surrendered for exchange or a minimum number of eligible employees participating.
On the Closing Date, tendered Eligible Options will be cancelled in exchange for the grant on the Closing Date of New RSUs.Promptly after we grant the New RSUs, we will send each tendering Eligible Participant a confirmation email with respect to the Eligible Options that we have accepted for exchange.
New RSUs are a different type of equity award than stock options, and so the terms and conditions of your new RSUs will be different from your exchanged options.
General Terms of new RSUs New RSUs will be granted under the Plan and will be subject to an RSU agreement between you and Scientific Games.
See Section 2 entitled “Eligible Options; Number of New RSUs; Expiration Date” and Section 6 entitled “Acceptance of Options for Exchange; Grant of New RSUs” of this Offer to Exchange for more information.