Opening Average Period definition

Opening Average Period means the 20 trading days preceding the applicable Performance Period.
Opening Average Period means the one month period ending prior to the first day of the Performance Period.
Opening Average Period means the 20 trading days immediately preceding the first day of the Relative TSR Performance Period.

Examples of Opening Average Period in a sentence

  • Accumulated Shares shall mean the sum of one share and the accumulated partial shares, as of each trading day, that are the result of the assumption that all dividends issued during the Opening Average Period and the Performance Period are immediately reinvested in the Company’s Common Stock at the closing price on the ex-dividend date.


More Definitions of Opening Average Period

Opening Average Period means the 20 trading days immediately following the Grant Date.
Opening Average Period means the 30 trading days beginning as of January 1, 2020.
Opening Average Period means the 30 trading days ending on the last trading day of the calendar year immediately preceding the start of the Performance Period.
Opening Average Period means the trading days during the three months ended March 31, 2019.
Opening Average Period means the ninety (90)-day period ended on December 31, 2023.
Opening Average Period means the twenty (20) trading days prior to the Date of Grant. (g) “Accumulated Shares” means, for a given day, and for the Company or a given Peer Company, the sum of (i) one share of common stock of the applicable company, plus (ii) a cumulative number of shares of common stock purchased with dividends declared on the common stock, assuming same day reinvestment of the dividends into shares of common stock at the closing price on the ex-dividend date, for ex-dividend dates during the applicable Performance Period or Opening Average Period, as applicable. (h) “Peer Companies” means the companies established by the Committee for purposes of calculating TSR, to include Advanced Micro Devices, Inc.; Analog Devices, Inc.; Applied Materials, Inc.; ASML Holding N.V.; Broadcom, Inc.;
Opening Average Period means the twenty trading days beginning on the first day of the first Performance Period. EXHIBIT 10.12