Stock Price Hurdle definition

Stock Price Hurdle means each of the First Stock Price Hurdle, the Second Stock Price Hurdle, the Third Stock Price Hurdle, the Fourth Stock Price Hurdle, and the Fifth Stock Price Hurdle.
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Stock Price Hurdle means $[***] per share (subject to any adjustment as provided in the Plan).
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Stock Price Hurdle is based on the volume-weighted average stock price of a share of Company Common Stock over 30 consecutive trading days during the Performance Period, with such calculation determined by the Compensation Committee’s compensation consultant using the S&P Capital IQ data service or similar successor data service. Volume-weighted average stock price will be calculated by using (i) the total trading volume for each day (as opposed to the volume associated with each individual trade) and (ii) the Company’s closing stock price for each day in the calculation.
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Examples of Stock Price Hurdle in a sentence

  • The Restricted Stock Units will become “Earned RSUs” if and only if the Stock Price Hurdle is achieved during the Performance Period.

  • If the Stock Price Hurdle is not achieved prior to the end of the Performance Period, all of the Restricted Stock Units granted to the Grantee hereunder will be forfeited as of the date of the Compensation Committee Certification following the end of fiscal year 2028.


More Definitions of Stock Price Hurdle

Stock Price Hurdle means the highest Market Value per Share that is maintained during any period of 65 consecutive trading days that fall within the applicable Performance Period. For purposes of this Agreement, any Stock-Price Hurdle that is achieved during a period of 65 consecutive trading days that commences in one Performance Period and ends in another Performance Period will be deemed to have been achieved in the later Performance Period. Further, following achievement of any Stock-Price Hurdle during one Performance Period, the number of PRSUs earned with respect to such Stock-Price Hurdle cannot subsequently be earned upon achievement of the same Stock-Price Hurdle during any subsequent Performance Period.
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Stock Price Hurdle means the passing of 60 consecutive trading days on the New York Stock Exchange on which the average of the closing trading prices of the Company’s Class C Stock equals or exceeds $13.00.
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Stock Price Hurdle means each of the First Stock Price Hurdle, the Second Stock Price Hurdle, and the Third Stock Price Hurdle.
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Stock Price Hurdle means the price per Share set forth in the table below; provided that the Stock Price Hurdles set forth in the table must be maintained for twenty (20) consecutive trading days in order for such Stock Price Hurdle to be achieved. The Stock Price Hurdle shall be equitably adjusted by the Committee in order to prevent the dilution or enlargement of benefits intended to be provided under this Award Agreement in the event of certain changes in the Company’s corporate structure or the occurrence of other events that affect Shares, as contemplated by the Plan. Stock Price Hurdle Tranche 1 $46.25 Tranche 2 $53.96 Tranche 3 $61.66 Tranche 4 $69.37 Tranche 5 $77.08
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Related to Stock Price Hurdle

  • Stock Price shall have the meaning specified in Section 14.03(c).

  • Beginning Stock Price means the average of the closing prices of the Common Stock or the shares of the Peer Group, as applicable, for the 20 trading days ending on the trading date immediately preceding the first day of the Performance Period.

  • Ending Stock Price means the average of the closing prices of the Common Stock or the shares of the Peer Group, as applicable, for the 20 trading days up to and including (if a trading day) the last day of the Performance Period.

  • Parent Stock Price means the average of the volume weighted averages of the trading prices of Parent Common Stock on the NYSE (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source mutually selected by Parent and the Company in good faith) on each of the five (5) consecutive trading days ending on the trading day that is two (2) trading days prior to the Closing Date.

  • Share Value means $25.00 plus declared and unpaid dividends as at the date of the Trigger Event.

  • Measurement Date means the most recent Payment Date specified in the first column of the Cumulative Net Loss Rate Table.

  • Total Stockholder Return means the total return (change in share price plus reinvestment of any dividends) of a share of the Company’s common stock.

  • Average Closing Price means the average of the closing market prices of a Share over the last five (5) Market Days on which transactions in the Shares were recorded on the SGX-ST immediately preceding the date of the Market Purchase by the Company or, as the case may be, the date of the making of the offer pursuant to the Off-Market Purchase, and deemed to be adjusted for any corporate action that occurs after the relevant five-day period; and

  • Purchaser Stock Price means, with respect to any Common Stock Fundamental Change, the average of the daily Closing Price for one share of the common stock received by holders of the Common Stock in such Common Stock Fundamental Change during the 10 Trading Days immediately prior to the date fixed for the determination of the holders of the Common Stock entitled to receive such common stock or, if there is no such date, prior to the date upon which the holders of the Common Stock shall have the right to receive such common stock.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • First Target Distribution means $0.4025 per Unit per Quarter (or, with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.4025 multiplied by a fraction of which the numerator is the number of days in such period, and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • Average VWAP means the average of the VWAPs for each Trading Day in the relevant period.