Option Share Number definition
Option Share Number means at any time the aggregate number of shares of Option Stock which may at such time be purchased upon exercise of this Option, after giving effect to all prior adjustments and increases to such number made or required to be made under the terms hereof.
Option Share Number means the number of shares of Company Common Stock issuable upon exercise of all Company Options (as defined in Section 2.2) outstanding immediately prior to the Effective Time (without regard to vesting or other limitations on exercisability).
Option Share Number means the aggregate number of shares of Company Common Stock subject to Company Options, whether vested or unvested (each, on a fully exercised and converted to Company Common Stock basis), that are (or are deemed to be) issued and outstanding immediately prior to the Effective Time, including in such amount all New Company Options but excluding unvested Company Options of the employees subject to the Employee Terminations except to the extent such Company Options accelerate in connection with such terminations.
Examples of Option Share Number in a sentence
The exercise price per share for each Option after the Effective Time will be determined by dividing the aggregate exercise price for such Option by the Option Share Number (rounded to the nearest whole cent, but rounded up to the nearest whole cent in the case of each Option that is intended to be an ISO).
More Definitions of Option Share Number
Option Share Number means the total number of shares of Company Common Stock subject to the Options.
Option Share Number means the aggregate number of shares of Company Common Stock that would be issuable if each Option outstanding on the Closing Date was exercised immediately prior to the Effective Time.