Option Exercise Proceeds means the aggregate exercise price of all Company In-The-Money Vested Options issued and outstanding immediately prior to the Effective Time.
Option Exercise Proceeds means, for each Company In the Money Option outstanding as of the Effective Time and cancelled pursuant to Section 1.11, an amount equal (i) the exercise price for a share of Company Common Stock underlying such Company In the Money Option multiplied by (ii) the number of shares of Company Common Stock underlying such Company In the Money Option.
Option Exercise Proceeds means the aggregate amount that would be payable to the Company in cash by the SFC Optionholders to purchase shares of Company Common Stock if, immediately prior to the Effective Time, such SFC Optionholders exercised all of the then-outstanding Options, whether or not then exercisable, by paying the exercise price therefor in cash.
Examples of Option Exercise Proceeds in a sentence
Warrant and Stock Option Exercise Proceeds During the nine months ended December 31, 2017, the Corporation issued 9,840,728 common shares on exercise of warrants and 1,175,000 common shares on exercise of stock options for total gross proceeds of $2,223,732.
Option Exercise Proceeds comprise of: 3.2m listed options (exercisable at 3.0 cents per share) exercised prior to completion of the settlement date of the Placement and envisaged proceeds from the exercise of 179.3m listed options (exercisable at 3.0 cents per share) to be exercised prior to end of 31 December 2019.
More Definitions of Option Exercise Proceeds
Option Exercise Proceeds means an aggregate amount equal to the amount of any cash that is paid or deemed to have been paid to the Company upon the exercise of any Vested Company Options from and after the date of this Agreement through and including the Effective Time.
Option Exercise Proceeds means the aggregate amount that would be payable to the Company in respect of the outstanding and unexercised vested Company Options, other than any Out-of-the-Money Options, immediately prior to the Effective Time if the holders thereof exercised such Company Options in full for cash as of the Effective Time.
Option Exercise Proceeds means an amount equal to the aggregate exercise price paid to the Company by holders of Options upon the exercise of Options following the Closing Date.
Option Exercise Proceeds has the meaning set forth in Section 1.6(a).
Option Exercise Proceeds means the sum of £1,169,930 payable to the Warrantors upon issue of the Draft Completion Accounts in accordance with Clause 6.2;
Option Exercise Proceeds means, with respect to an Option, the sum of the Option Price paid in cash, if any, to purchase shares of Stock under such Option, plus the value of all federal, state and local tax deductions to which the Company is entitled with respect to the exercise of such Option, determined using the highest federal tax rate applicable to corporations and a blended tax rate for state and local taxes based on the jurisdictions in which the Company does business and giving effect to the deduction of state and local taxes for federal tax purposes.
Option Exercise Proceeds means the aggregate exercise price payable for all Shares that would be issuable upon exercise of the Options less that portion of any applicable Taxes payable by or on behalf of Holdings, as the employer.