Stock Price Multiplier definition
Examples of Stock Price Multiplier in a sentence
The Stock Price Multiplier will be calculated as set forth in the following table based on the Company’s Average Stock Price: The Stock Price Multiplier will be determined using straight-line interpolation based on the Company’s Average Stock Price results other than those listed in the chart above.
The Unit Number Modifier means the percentage by which the number of units determined based on the Stock Price Multiplier can be adjusted based upon the Company’s Return on Capital Employed (“ROCE”) for all NTIs with an opening date between 1/1/2014 and 12/31/2015 (“2014/2015 Vintage year NTIs”) against the targets approved by the Board.
The number of Initial Earned KPI RSUs as adjusted as described below based on the Stock Price Multiplier, rounded down to the nearest whole number, shall be the number of RSUs earned by the CEO (the “Final Earned KPI RSUs”), and the Final Earned KPI RSUs will vest as of the Certification Date.