Series B-2 common stock definition

Series B-2 common stock means the Series B-2 common stock of the Company, par value $0.0001 per share.

Series B-2 common stock means the Series B-2 non-voting common stock of the Company, par value

Series B-2 common stock means common stock, par value $0.01 per share, of NYMEX Holdings designated as Series B-2 Common Stock.

Examples of Series B-2 common stock in a sentence

• The shares of Series B-2 common stock were issued pursuant to the Business Combination Agreement and in connection with the closing of the Business Combination and represent unvested interests in the Issuer.

• Shares of Series B-2 common stock automatically converted into shares of Class A common stock on a one-for-one basis upon the daily volume weighted average trading price of the Class A common stock exceeding $15.00 per share for 20 days out of 30 consecutive trading days.

• Cities and states can invest in mass transit by diverting federal transportation dollars to buses, light rail systems, and even inter-city rail.

• The Series B-2 common stock represent unvested, non-voting interests in the Issuer.

• Each share of Series B-2 common stock will vest the first date on which the daily volume-weighted averages sale price of one (1) share of Class A Common Stock of the Issuer is greater than or equal to $14.00 for any twenty (20) trading days (which may or may not be consecutive) within one thirty (30) consecutive trading day period during the period commencing five (5) months after the Closing Date and ending on the fifth (5th) anniversary of the Closing Date.

• The reported 4,000 shares of Series B-1 common stock and 4,000 shares of Series B-2 common stock were acquired by the Reporting Person on July 22, 2022, in a Rule 16b-3 exempt exchange for securities of CC Neuberger SPAC II, pursuant to the Business Combination Agreement, dated December 9, 2021, by and among the Sponsor, the Issuer, Griffey Global Holdings, Inc.

• There were 3,372,184 shares of Series B-2 common stock outstanding as of August 31, 2023 and February 28, 2023.

• Each share of Series B-2 common stock will vest the first date on which the the daily volume weighted average price of the Issuer's Class A common stock is greater than or equal to $15.00 for a period of at least 20 days out of 30 consecutive days on which shares of Class A common stock are actually traded on the NYSE.

• Any shares of Series B-2 common stock that have not converted into shares of Class A common stock by the tenth anniversary of the closing of the Business Combination shall be automatically forfeited.

• If any of the Series B-2 common stock do not vest on or before the 10-year anniversary of the Closing Date, such common stock will be canceled for no consideration.

More Definitions of Series B-2 common stock

Series B-2 common stock means, as applicable, (a) the Series B-2 common stock, par value $0.0001 per share, of PubCo, a series of the Class B Common Stock which is convertible into Class A Common Stock on the conditions set forth in the Certificate of Incorporation, or (b) following any consolidation, merger, reclassification or other similar event involving PubCo, any shares or other securities of PubCo or any other Person that are issued or issuable in consideration for the Series B-2 common stock or into which the Series B-2 common stock is exchanged or converted as a result of such consolidation, merger, reclassification or other similar event.