Examples of Sharesave Plans in a sentence
The free and matching shares are purchased at fair value in the market and expensed at the time of allocation.Under the Sharesave Plans eligible employees can save up to £250 a month over a three or five-year period and use the savings to exercise an option granted at the outset at a 20% discount to the then prevailing share price.
The shares were registered under the Securities Act for issuance under CSOP and Sharesave Plans to grant stock options to its colleagues for up to a combined 34 million shares of common stock.The fair value of each stock option award is estimated on the date of grant using the Black-Scholes-Merton option valuation model that uses various assumptions for inputs, which are noted in the following table.
The scheme term is for three years and options may be exercised during the six months after completion of the Save As You Earn contract.Since the launch of the scheme new Sharesave Plans have been launched in subsequent financial years under the same terms.During the period 1,577,127 options were granted at a fair value 75.68 pence; the share price at reward was 350.0 pence.
At 25 March 2022, 4,032,668 options were outstanding under the Sharesave Plans.
Eligible Options are stock options to purchase shares of our Common Stock that: • have an exercise price greater than $35.00 per share; • are currently fully vested or would become fully vested by December 31, 2010; • were granted under the 2001 Plan, excluding options granted under the Sharesave Plans; • are outstanding on the Offer launch date of July 8, 2009 and on the Offer Expiration Date; and • are held by Eligible Optionees.
The scheme term is for three years and options may be exercised during the six months after completion of the Save as You Earn Contract.Since the launch of the scheme new Sharesave Plans have been launched in subsequent financial year under the same terms.During the period 2,510,141 options were granted at a fair value of 60.7 pence; the share price at reward was £2.36.
For the six months ended June 30, 2017 and 2016, the share-based payment schemes adopted by the Bank were as follows:(a) All Employee Sharesave Plan (Original: International Sharesave Schemes "ISS")Under the All Employee Sharesave Plans ("AESP"), employees may open a savings contract.
Optionholders will be able to elect in advance to exercise their options under the Sharesave Plans on the date of the Court Order.Bidco will make a one-off cash payment to participants in the Sharesave Plans who exercise their options conditional on the Court granting the Court Order.
The Group operates the following employee share plans for which shares may be issued by the Group out of authorised but unissued share capital upon exercise of options: the UK Approved Sharesave Plans and the Global Sharesave Plans; the UK Approved and Unapproved Executive Share Option Plans; the Global Executive Share Option Plans; and the 2002 Performance Share Plan.
In the event that M&C Shares do not become the subject of a compulsory purchase process pursuant to the provisions of Chapter 3 of Part 28 of the Companies Act, options under the Sharesave Plans would continue to remain outstanding until their normal maturity dates, subject to their terms.