Examples of Rollover Awards in a sentence
If the Roll-over Arrangements are implemented, no Share Award Offer Price will be paid in respect of the Roll-over Awards — details of the Roll-over Arrangements are set out in the section headed “The Roll-over Arrangements” below.
Except in the case of Substitute Awards and Rollover Awards, the purchase price per share of NCR Common Stock purchasable under stock options granted pursuant to the NCR Stock Plan will be determined by the Compensation Committee, in its sole discretion, provided that such purchase price will not be less than the Fair Market Value (as defined in the NCR Stock Plan) of a share of NCR Common Stock on the date of grant of the stock options.
Instead, Brewin Dolphin's Remuneration Committee and Bidco have agreed that these awards will be replaced with "2021 DPSP Rollover Awards" (see Q 4-8 for further details).
Specifically, the 2021 DPSP Rollover Awards will be treated as awarded at the same time and therefore will vest on the same date as the existing 2021 DPSP Award.
The 2021 DPSP Rollover Awards will relate to RBC Shares and not Brewin Dolphin Shares.
This Registration Statement is being filed for the purpose of registering up to 5,696,233 shares of Class B Common Stock issuable upon future settlement of the LTMIP Rollover Awards, 2006 RSU Rollover Awards and 2011 RSU Rollover Awards.
Brewin Dolphin DPSP Outstanding awards under the Brewin Dolphin DPSP will vest on sanction of the Scheme by the Court as follows: Brewin Dolphin DPSP award date Vesting 2019 100% 2020 100% 2021 Rollover Awards: see further below.
The Plan also governs the terms of certain Spinoff Awards and CSC Rollover Awards assumed by the Company in connection with the Spinoff and the merger with Computer Sciences Corporation (“CSC”) following the Spinoff (the “CSC Merger”).
Your DPSP Awards will not vest early and 2021 DPSP Awards will not be exchanged for 2021 DPSP Rollover Awards.
No. Like the DPSP Award, the 2021 DPSP Rollover Awards will not be subject to any performance conditions.