Parent ESPP Share Reserve shall have the meaning set forth in Section 4.6.
Share Reserve means the number of shares available for issuance under the Plan as set forth in Section 2(a).
Per Share Amount has the meaning set forth in Section 3.01(c).
Ex-Dividend Time means, with respect to any distribution on shares of Common Stock, the first date on which the shares of Common Stock trade regular way on the principal securities market on which the shares of Common Stock are then traded without the right to receive such distribution.
SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.
Per Share Merger Consideration has the meaning set forth in Section 3.1(a).
Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.
Share Amount means a fraction of ETF Shares calculated in accordance with
Net Consideration Per Share means the amount equal to the total amount of consideration, if any, received by the Company for the issuance of such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities, plus the minimum amount of consideration, if any, payable to the Company upon exercise or conversion thereof, divided by the aggregate number of shares of Common Stock that would be issued if all such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities were exercised, exchanged or converted.
Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.
Per Share Cash Consideration has the meaning set forth in Section 3.01(a)(ii).
Interest Share Amount shall have the meaning set forth in Section 2(a).
Parent Common Stock means the common stock, par value $0.01 per share, of Parent.
Common Share Reorganization has the meaning set forth in Section 4.1;
Daily Share Amount means, with respect to any VWAP Trading Day, the quotient obtained by dividing (A) the excess, if any, of the Daily Conversion Value for such VWAP Trading Day over the applicable Daily Maximum Cash Amount by (B) the Daily VWAP for such VWAP Trading Day. For the avoidance of doubt, the Daily Share Amount will be zero for such VWAP Trading Day if such Daily Conversion Value does not exceed such Daily Maximum Cash Amount.
Parent Equity Plans means all employee and director equity incentive plans of Parent and agreements for equity awards in respect of Parent Common Stock granted under the inducement grant exception.
Pubco Common Stock means all classes and series of common stock of Pubco, including the Class A Common Stock and Class B Common Stock.
Ex-Dividend Date means the first date on which shares of the Common Stock trade on the applicable exchange or in the applicable market, regular way, without the right to receive the issuance, dividend or distribution in question, from the Company or, if applicable, from the seller of Common Stock on such exchange or market (in the form of due bills or otherwise) as determined by such exchange or market.
Initial Dividend Threshold shall have the meaning specified in Section 14.04(d).
Maximum Share Amount shall have the meaning set forth in Section 2.01(c).
Common Stock Consideration has the meaning set forth in Section 1.6(b).
Parent Equity Plan means the Energy Transfer Equity, L.P. Long-Term Incentive Plan.
Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.
Newco Common Stock means the common stock, par value $.01 per share, of Newco.
Company Share means one share of common stock of the Company, $0.01 par value per share.
Per Share Cash Amount for purposes of this Section 2(b) means an amount equal to the sum of (I) the average of the closing price of the Common Stock for the 20 trading days immediately preceding the date of the Change in Control and (II) any cash dividend payable on a share of Common Stock during the 20 trading-day period described in the foregoing.
Parent Equity Awards means Parent Options, Parent DSU Awards and Parent PSU Awards.