Parent PSU definition
Parent PSU means a restricted stock unit representing the right to vest in and be issued shares of Parent Common Stock by Parent, whether granted by Parent pursuant to the Parent Equity Plans, assumed by Parent in connection with any merger, acquisition or similar transaction or otherwise issued or granted and whether vested or unvested, which right vests based on achievement of performance targets, including performance targets related to the price of Parent Common Stock on a relative or absolute basis.
Parent PSU means each restricted stock unit award granted under the Parent 2018 Omnibus Incentive Plan whose vesting is conditioned in full or in part based on achievement of performance goals or metrics.
Parent PSU means any Parent RSU that is subject to performance-based vesting or delivery requirements.
Examples of Parent PSU in a sentence
Each Converted Parent PSU shall have the same vesting and settlement schedule as the Company PSU and shall be subject to similar material terms and conditions of the Company Equity Plan under which the Company PSU was originally granted, to the extent administratively practicable; provided, however, that the Converted Parent PSU shall only be subject to time-based vesting through the applicable “Vesting Date” (as defined in the applicable award agreement governing the Company PSU).
More Definitions of Parent PSU
Parent PSU means any restricted stock unit award payable in Parent Common Stock that is subject to restrictions based on performance conditions and granted under any Parent Stock Plan.
Parent PSU means a performance share unit award in respect of Parent Common Shares.
Parent PSU means any performance-based Parent RSU.
Parent PSU means each restricted share unit award subject to performance-based vesting conditions granted under any Parent Equity Plan that is outstanding immediately prior to the Effective Time.
Parent PSU means a PSU issued under Parent’s 2020 Omnibus Incentive Plan.
Parent PSU means performance share units with respect to Parent Common Shares that vest on the basis of achievement of applicable performance goals.
Parent PSU has the meaning set forth in Section 2.8(d).