Number of Shares Subject to Award definition

Number of Shares Subject to Award shares of Common Stock (the “Shares”)
Number of Shares Subject to Award shares of Common Stock (the “Shares”) Vesting Schedule: The Shares have a four-year vesting schedule. 25% vest on the first anniversary of the Award Date. The balance will vest 6.25% quarterly thereafter until fully vested. However, one or more Shares may be subject to accelerated vesting in accordance with the provisions of Paragraph 3 or 5 of this Agreement. Issuance Schedule The Shares in which Participant vests in accordance with the Normal Vesting Schedule shall become issuable pursuant to the Plan on the applicable annual vesting date, subject to the Company’s collection of the applicable Withholding Taxes. In no event will the Shares in which Participant so vests be issued after the later of (i) the close of the calendar year in which the Shares vest pursuant to the Normal Vesting Schedule or (ii) the fifteenth (15th) day of the third (3rd) calendar month following such vesting date. The procedures pursuant to which the applicable Withholding Taxes are to be collected are set forth in Paragraph 7 of this Agreement.
Number of Shares Subject to Award shares of Common Stock (the “Shares”) Vesting Schedule: . 100% of the Shares shall vest on December 31, 2018, provided the Participant continues in Service until December 31, 2018. However, one or more Shares may be subject to accelerated vesting in accordance with the provisions of Paragraph 5 of this Agreement.

Examples of Number of Shares Subject to Award in a sentence

  • Your Restricted Shares have the following terms: Name of Participant Number of Shares Subject to Award Purchase Price per Share (if applicable) Not applicable.

  • Your RSUs have the following terms: Name of Participant Number of Shares Subject to Award Purchase Price per Share (if applicable) Not applicable.

  • Your Shares have the following terms: Name of Participant Number of Shares Subject to Award [ ] shares of Common Stock of The Telx Group, Inc.

  • AWARD SUMMARY Award Date: ‹Award Date› Number of Shares Subject to Award: ‹# of Shares Awarded› shares of Common Stock (the "Shares") Vesting Schedule: One eighth of the Shares shall vest upon the Participant's continuation in Service until May 15, 2006.

  • Xxxxxxxxx Number of Shares Subject to Award 250,000 Purchase Price per Share (if applicable) Not applicable.

  • Your Restricted Shares have the following terms: Name of Participant Number of Shares Subject to Award Agreement Purchase Price per Share (if applicable) Not applicable.

  • Number of Shares Subject to Award: shares of Alpha’s common stock Vesting Period/Schedule: Except as otherwise provided in the Agreement, this Award shall vest upon the six-month anniversary of the Award Recipient’s Separation from Service with the Company.

  • This portion of your Award is being granted pursuant to Section 8 of the Plan, and shall have the following terms: Name of Participant Number of Shares Subject to Award Purchase Price per Share (if applicable) Not applicable.

  • Exercise Price: U.S. $___.___ per Share Number of Shares Subject to Award: [ _______ ] Vesting: Your Award will vest, and thereby become exercisable with respect to the number of Shares covered by this Award, at the rate of ___ (1/_) on each of the first _____ annual anniversary dates of the Grant Date, provided that your Continuous Service has not ended before the particular vesting date (subject to any employment agreement between you and the Company).

  • AWARD SUMMARY Award Date: January 4, 2021 Number of Shares Subject to Award: _______________ shares of Common Stock (the “Shares”) Vesting Schedule: 25% of the Shares shall vest upon Participant’s completion of a consecutive twelve (12)-month period of Service ending on January 5, 2022.


More Definitions of Number of Shares Subject to Award

Number of Shares Subject to Award restricted stock units (“Units”). On any date, the value of each Unit shall equal the fair market value of a share of the Corporation’s Common Stock (“Shares”).
Number of Shares Subject to Award shares of Common Stock (the “Shares”) Vesting Schedule: Participant shall be fully vested in the Shares. Issuance Schedule The Shares shall be issued on January 6, 2009 or as soon thereafter as administratively practicable, but in no event later than the later of (i) the close of the calendar year in which that Share vests or (ii) the fifteenth day of the third calendar month following such vesting date (the “Issuance Date”). The Company shall collect the applicable Withholding Taxes with respect to the issued Shares pursuant to the procedures set forth in Paragraph 5 of this Agreement.
Number of Shares Subject to Award in Section 1 shall read “50,000” and “Vesting” in Section 1 shall read “50,000 shares shall vest on January 2, 2008.” All other terms of the Restricted Share Agreement shall remain in full force and effect. As further consideration for the Company’s promises in this Agreement, specifically including this

Related to Number of Shares Subject to Award

  • Number of Shares As of any date, the product of (i) the Number of Options, (ii) the Conversion Rate and (iii) the Applicable Percentage.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Ordinary Shares Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Ordinary Shares, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Ordinary Shares.

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Exercise Price Per Share ; hereinafter "Exercise Price" means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Capital Shares Equivalents means any securities, rights, or obligations that are convertible into or exchangeable for or give any right to subscribe for any Capital Shares of the Company or any warrants, options or other rights to subscribe for or purchase Capital Shares or any such convertible or exchangeable securities.

  • Number of Options For each Component, as provided in Annex A to this Confirmation.6 Option Entitlement: One Share Per Option Strike Price: USD [_____] Cap Price: USD [_____]; provided that in no event shall the Cap Price be reduced to an amount less than the Strike Price in connection with any adjustment by the Calculation Agent under this Confirmation.

  • Maximum Number of Shares is defined in Section 2.1.4.

  • Additional Shares of Common Stock means all shares of Common Stock issued (or, pursuant to Subsection 4.4.3 below, deemed to be issued) by the Corporation after the Series B Original Issue Date, other than (1) the following shares of Common Stock and (2) shares of Common Stock deemed issued pursuant to the following Options and Convertible Securities (clauses (1) and (2), collectively, “Exempted Securities”):

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Award Value means the value, in dollars, of an award made to a Participant and as stated in the applicable Award Agreement, which is provided under the Plan in the form of PSUs or RSUs, as the case may be.

  • Deferred Stock means a right to receive a specified number of shares of Stock during specified time periods pursuant to Article 8.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.

  • Phantom Shares means an Award of the right to receive Shares issued at the end of a Restricted Period which is granted pursuant to Section 6(e) of the Plan.

  • Fully Diluted Share Number means the aggregate sum of: (i) the number of shares of Company Common Stock issued and outstanding immediately prior to the Effective Time; (ii) the number of shares of Company Common Stock issuable upon the voluntary conversion of all of the shares of Company Preferred Stock issued and outstanding immediately prior to the Effective Time into Company Common Stock and (iii) the number of shares of Company Common Stock issuable upon exercise of all Stock Options.

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.

  • Common Share Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Shares, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Shares.

  • SAR Value means the excess of the Fair Market Value (on the exercise date) over the exercise price that the participant would have otherwise had to pay to exercise the related Stock Option, multiplied by the number of shares for which the Stock Appreciation Right is exercised.

  • Fully Adjusted Regular Purchase Share Limit means, with respect to any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction from and after the date of this Agreement, the Regular Purchase Share Limit (as defined in Section 2(a) hereof) in effect on the applicable date of determination, after giving effect to the full proportionate adjustment thereto made pursuant to Section 2(a) hereof for or in respect of such reorganization, recapitalization, non-cash dividend, stock split or other similar transaction.

  • Common Share Equivalent shall have the meaning ascribed to it in Section 11(a)(iii) hereof.

  • Total Shares means (without double-counting), as of a particular date of determination, the algebraic sum of: (A) the Initial Shares, plus (B) the Additional Shares, minus (C) all Buyback Shares repurchased or redeemed between the Effective Date and such date of determination.

  • Unissued Option Shares means the number of Shares, at a particular time, which have been reserved for issuance upon the exercise of an Option but which have not been issued, as adjusted from time to time in accordance with the provisions of section 5, such adjustments to be cumulative.