Performance Share Price definition

Performance Share Price means in relation to each accounting period, the average of the middle market quotations of the Ordinary Shares for the one month period ending on the last business day of that accounting period;
Sample 1Sample 2Sample 3
Performance Share Price means, in relation to each accounting period, the average of the middle market quotations of the Ordinary Shares for the one month period ending on the last business day of that accounting period (which shall be adjusted as appropriate: (i) to include any dividend declared but not paid where the Ordinary Shares are quoted ex such dividend at any time during that month; (ii) to exclude any dividend paid in respect of the shares during that month; and
Sample 1Sample 2
Performance Share Price means on the Performance Fee Calculation Date, the average of the daily closing middle market prices for the Ordinary Shares for the 20 London Stock Exchange trading days ending immediately prior to the Performance Fee Calculation Date and which shall be adjusted as appropriate: (i) to include any dividend declared but not paid where the Ordinary Shares are quoted ex such dividend at any time during the relevant period; (ii) to exclude any dividend paid in
Sample 1

Examples of Performance Share Price in a sentence

  • One Year Stock Price Performance Share Price 08/11/03 09/30/03 10/31/03 11/28/03 12/31/03 Acme Stock Price $7.62 $8.12 $8.16 $8.72 $8.74 01/30/04 02/27/04 03/31/04 04/30/04 05/28/04 06/30/04 07/30/04 08/11/04 Acme Stock Price $9.37 $9.27 $8.40 $8.33 $9.07 $8.01 $7.67 $8.75 Change in Stock Price (One Year) 14.83% Change in Stock Price vs.

  • During the period, the average of the daily closing middle market prices was US$1.04; and ‘Performance Adjustments’ means adjustments to the Performance Share Price to (i) include the gross amount of any dividends and/or distributions paid in respect of Ordinary Shares since Initial Admission; and (ii) make such adjustments to take account of C Shares as were agreed between the Company and the Investment Manager, acting reasonably and in good faith, at the time of issuance of such C Shares.

  • The Excess Return on the Performance Fee Calculation Date is the excess (if any) of the Performance Share Price over the higher of: (a) the Performance Hurdle Price (being the Issue Price compounded by 10% per annum from Initial Admission subject to appropriate adjustments in certain situations); and (b) the High Watermark (being the Performance Share Price on the last Performance Fee Calculation Date where a Performance Fee was payable, or the Issue Price, if a Performance Fee has not yet been paid).

  • The Excess Return on the Performance Fee Calculation Date is the excess (if any) of the Performance Share Price over the higher of: (a) the Performance Hurdle Price (being the Issue Price compounded by 10% per annum from Initial Admission subject to appropriate adjustments in certain situations); and (b) the High Watermark (being the Performance Share Price on the last Performance Fee Calculation Date where a Performance Fee was payable, or the Issue Price, if a Performance Fee has not yet been paid 13.

  • In the event of any change in the Company’s Shares, through the declaration of stock dividends or through recapitalization resulting in stock splits or through merger, consolidation, exchange of shares, or otherwise, the number and class of Shares subject to this Performance Share grant, as well as the Performance Share Price, may be equitably adjusted by the Committee, in its sole discretion, to prevent dilution or enlargement of rights.


More Definitions of Performance Share Price

Performance Share Price means on the Performance Fee Calculation Date, the average of the daily closing middle market prices for the Ordinary Shares for the 20 London Stock Exchange trading days ending immediately prior to the Performance Fee Calculation Date and (which shall be adjusted as appropriate: (i) to include any dividend declared but not paid where the Ordinary Shares are quoted ex such dividend at any time during the relevant period; (ii) to exclude any dividend paid in respect of the Ordinary Shares during that period; and (iii) for the Performance Adjustments). During the period, the average of the daily closing middle market prices was US$1.0456; and
Sample 1

Related to Performance Share Price

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.

  • Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Performance Units means an Award which may be earned in whole or in part upon attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Performance Unit means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 10.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Performance Cash Award means an award of cash granted pursuant to the terms and conditions of Section 6(c)(ii).

  • Cash Award means an award denominated in cash.

  • Stock Bonus Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(b).

  • Performance Award Formula means, for any Performance Award, a formula or table established by the Committee pursuant to Section 10.3 which provides the basis for computing the value of a Performance Award at one or more levels of attainment of the applicable Performance Goal(s) measured as of the end of the applicable Performance Period.

  • Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 7(c).