Examples of Option Price Per Share in a sentence
If changes in capitalization other than those considered above shall occur, the Board shall make such adjustment in the number or class of shares purchasable upon exercise of the Option and in the Option Price Per Share as the Board in its discretion may consider appropriate, and all such adjustments shall be conclusive upon all persons.
Upon exercise of a stock-settled Stock Appreciation Right, you shall receive shares of Common Stock with a value equal to the excess of (1) the Fair Market Value of the Shares on the date of exercise over (2) the Option Price Per Share multiplied by the number of Shares.
If the Call Event results from the occurrence of an event described in clauses (ii), (iii) or (iv) of Section 8(a), the Section 8 Repurchase Price per Option Share shall be equal to the lesser of (x) the Market Price Per Share and (y) the Option Price Per Share plus the product of (I) the Vested Percentage (as defined in Section 6) and (II) the amount, if any, by which the Market Price Per Share exceeds the Option Price Per Share.
Upon exercise of a Stock Appreciation Right, you shall receive Common Stock with a value equal to the excess of the Fair Market Value of the Shares on the date of exercise over the aggregate of (a) the Option Price Per Share multiplied by the number of Shares and (b) the amount of any taxes required to be withheld as a result of such exercise.
The purchase price of the Option Shares upon exercise of any of the Options (the "Exercise Price" or "Option Price Per Share") shall initially be $24.33 per share, without commission or other charge.