Examples of Quarterly Vesting Dates in a sentence
The Quarterly Vesting Dates are February 20, May 20, August 20, and November 20 of each year.
Subject to Section 4(a) below and the terms of the 2016 Plan, twenty-five percent (25%) of the IPO RSUs shall vest on the one-year anniversary of the Vesting Commencement Date (as defined below), and one-twelfth (1/12th) of the remaining IPO RSUs shall vest on each of the next twelve (12) Quarterly Vesting Dates thereafter, subject to your continuous status as a Service Provider (as defined in the 2016 Plan) on each vesting date.
Subject to Section 3 of this Policy, 25% of each Annual Award will vest on each of the first four Quarterly Vesting Dates occurring after the date the Annual Award is granted, except that the fourth quarterly vesting date of each Annual Award shall occur no later than the day prior to the date of the Annual Meeting next following the date the Annual Award was granted, in each case, subject to the Outside Director continuing to be a Service Provider through the applicable vesting date.
Remaining installments vest in equal installments of 2,500 RSUs on the remaining Quarterly Vesting Dates (i.e., July 1st and October 1st)RSUs are settled in shares of stock and delivered to Non-Employee Directors as soon as practicable following the applicable vesting date, unless subject to a deferral election by a Non-Employee Director.
Quarterly Vesting Dates for the Company are the fifteenth (15th) day of each of February, May, August and November.
Thereafter, the remainder of the Option will vest and become exercisable in installments on the Quarterly Vesting Dates of each following year until the Option is fully vested on the fourth anniversary of your hire date.
Facebook has four Quarterly Vesting Dates each year: February 15th, May 15th, August 15th and November 15th.
Subject to Section 3 of this Policy, each Annual Award will vest on each of the first four Quarterly Vesting Dates occurring after the date the Annual Award is granted, except that the fourth quarterly vesting date of each Annual Award shall occur no later than the day prior to the date of the Annual Meeting next following the date the Annual Award was granted, in each case, subject to the Outside Director continuing to be a Service Provider through the applicable vesting date.
On each of the next 12 RSU Quarterly Vesting Dates, 1/16 of the number of RSUs granted will vest, subject to Participant continuing to be a Service Provider through each such date.
In case of Termination of Service for any reason whatsoever and where the Termination Date falls before the first anniversary of the Vesting Start Date, all Options shall lapse, including the Options that have vested on the Quarterly Vesting Dates, which occurred in the course of this first year.