RSU Dividends definition

RSU Dividends means additional RSUs credited as dividend equivalents pursuant to Section 4.04 (RSU Dividends) and recorded in a Member’s RSU Account.
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RSU Dividends means a hypothetical dividend payable with respect to an RSU. An RSU Dividend shall be deemed paid at the same times and in the same amounts as dividends are paid with respect to Shares.
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RSU Dividends means the RSUs referred to in Section 4.4 (RSU Dividends) applied to and recorded in RSU Accounts for Participants.
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Examples of RSU Dividends in a sentence

  • The Company shall establish a RSU Account for each Member in order to record the RSU Allocations and RSU Dividends credited thereto pursuant to Sections 4.02 and 4.04 respectively.

  • Masi was awarded 51, 57 and 27 RSU Dividends in respect of his awards dated October 1, 2012, October 3, 2011 and October 4, 2010, respectively.

  • Lehman was awarded 50, 59, 27, and 364 RSU Dividends in respect of his awards dated October 1, 2012, October 3, 2011, October 4, 2010 and February 12, 2009, respectively.

  • Hoffman was awarded 50, 58, 24 and 546 RSU Dividends in respect of his awards dated October 1, 2012, October 3, 2011, October 4, 2010 and February 12, 2009, respectively.

  • Second, the companies were not able to cut costs by as much as expected.

  • No RSU Dividends will be credited to a Participant’s account in respect of dividends paid on Shares where the dividend record date falls after the Valuation Date for the corresponding RSUs.

  • RSU Dividends will vest at the same time as the RSUs in respect of which they are allocated to a Participant’s RSU Account.

  • The number of such RSU Dividends to be credited to each Participant’s account will be determined by dividing the total amount of the dividends that would have been paid to the Participant if the RSUs in the Participant’s account on the dividend record date had been outstanding Shares (and the Participant held no other Shares), by the Fair Market Value of the Shares on the dividend payment date, and rounding the result to the nearest whole number.

  • In the event that a cash dividend is declared and paid by the Corporation on the Shares, Participants will be credited with RSU Dividends in respect of the RSUs already credited to their respective accounts.

  • Chamandy was awarded 346, 390, 121 and 1,836 RSU Dividends in respect of his awards dated October 1, 2012, October 3, 2011, October 4, 2010 and October 5, 2009 (special one-time equity award), respectively.

Related to RSU Dividends

  • Preferred Stock Dividends means all dividends with respect to Preferred Stock of the Company or any Restricted Subsidiary held by Persons other than the Company or a Wholly Owned Restricted Subsidiary. The amount of any dividend of this kind shall be equal to the quotient of the dividend divided by the difference between one and the maximum statutory consolidated federal, state and local income rate (expressed as a decimal number between 1 and 0) then applicable to the issuer of the Preferred Stock.

  • Accrued Dividends means, with respect to any share of Preferred Stock, as of any date, the accrued and unpaid dividends on such share from and including the most recent Dividend Payment Date (or the Issue Date, if such date is prior to the first Dividend Payment Date) to but not including such date.

  • Preferred Dividends means, for any period and without duplication, all Restricted Payments paid during such period on Preferred Equity Interests issued by the Parent or a Subsidiary. Preferred Dividends shall not include dividends or distributions (a) paid or payable solely in Equity Interests (other than Mandatorily Redeemable Stock) payable to holders of such class of Equity Interests, (b) paid or payable to the Parent or a Subsidiary, or (c) constituting or resulting in the redemption of Preferred Equity Interests, other than scheduled redemptions not constituting balloon, bullet or similar redemptions in full.

  • Accumulated Dividends means, with respect to any share of Preferred Stock, as of any date, the aggregate accumulated and unpaid dividends on such share from the Issue Date until the most recent Dividend Payment Date on or prior to such date. There shall be no Accumulated Dividends with respect to any share of Preferred Stock prior to the first Dividend Payment Date.

  • Dividends shall have the meaning provided in Section 10.6.

  • Dividend Shares means any shares of Common Stock issuable in lieu of cash dividends paid or to be paid on the Series A Preferred.

  • Stock Dividend has the meaning set forth in Section 5(a)(i)(A).

  • Common Stock Dividend means a stock dividend declared and paid on the Common Stock that is payable in shares of Common Stock.

  • Cash Dividends shall have the meaning set forth in Section 3(a).

  • Dividend Equivalents means a right granted to a Participant under the Plan to receive the equivalent value (in cash or Shares) of dividends paid on Shares.

  • 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.

  • Dividend Parity Stock means any class or series of stock of the Corporation that ranks on a parity with the Series E in the payment of current dividends, including the Series A, the Series B, the Series C and the Series D.

  • 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.

  • Dividend Payment means dividends (in cash, Property or obligations) on, or other payments or distributions on account of, or the setting apart of money for a sinking or other analogous fund for, or the purchase, redemption, retirement or other acquisition of, any shares of any class of stock of the Company or of any warrants, options or other rights to acquire the same (or to make any payments to any Person, such as "phantom stock" payments, where the amount thereof is calculated with reference to the fair market or equity value of the Company or any of its Subsidiaries), but excluding dividends payable solely in shares of common stock of the Company.

  • Disqualified Stock Dividends means all dividends with respect to Disqualified Stock of the Company held by Persons other than a Wholly Owned Subsidiary. The amount of any such dividend shall be equal to the quotient of such dividend divided by the difference between one and the maximum statutory federal income tax rate (expressed as a decimal number between 1 and 0) then applicable to the Company.

  • Dividend Amount means, with respect to any date on which the Company pays a dividend on its outstanding Common Stock, the amount of such dividend that is paid per share of Common Stock multiplied by (x) the Purchase Amount divided by (y) the Liquidity Price (treating the dividend date as a Liquidity Event solely for purposes of calculating such Liquidity Price).

  • Initial Dividend Payment Date means the Initial Dividend Payment Date as determined by the Board of Directors of the Corporation with respect to the AMPS or Other AMPS, as the case may be.

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.

  • Applicable Dividend Rate means (i) during the period from the Original Issue Date to, but excluding, the first day of the first Dividend Period commencing on or after the fifth anniversary of the Original Issue Date, 5% per annum and (ii) from and after the first day of the first Dividend Period commencing on or after the fifth anniversary of the Original Issue Date, 9% per annum.

  • Equivalent Preferred Stock shall have the meaning set forth in Section 11(b) hereof.

  • Equivalent Preferred Shares shall have the meaning set forth in Section 11(b) hereof.

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.

  • Dividends Paid means the total of all cash dividends paid on one (1) share of stock during the Performance Period.

  • Dividend Payment Date means February 15, May 15, August 15 and November 15 of each year.

  • Regular Dividend means USD0.55 per Share per quarter. Upon any adjustment to the Initial Dividend Threshold (as defined in the Indenture) for the Convertible Notes pursuant to the Indenture, the Calculation Agent will make a corresponding adjustment to the Regular Dividend for the Transaction.

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.