Examples of Transaction Share Price in a sentence
If the Transaction Share Price falls between either of the above thresholds, straight-line interpolation shall be applied to determine how much of the Rollover Award will vest and become non-forfeitable.
The number of Earnout Shares to be issued for any Calculation Period shall be determined by dividing the amount of the Earnout Payment for such Calculation Period to be paid in Earnout Shares by the Transaction Share Price determined for the period consisting of the ten (10) consecutive trading days ending on the Business Day prior to the date of payment.
If all objectives of such Incentive Stock Grant Share are achieved so that there is no longer a risk of forfeiture on or prior to the end of such performance period, the Company shall cancel such Incentive Stock Grant Share in exchange for a cash payment equal to the product of the number of Incentive Stock Grant Shares so canceled, and the Transaction Share Price.
If the Change in Control occurred on or after the first anniversary but prior to the second anniversary of the Grant Date and the Transaction Share Price equaled the First Threshold, then 1/3 of the Rollover Award shall vest and become non-forfeitable, and if the Transaction Share Price equaled or exceeded the Second Threshold, then 100% of the Rollover Award shall vest and become non-forfeitable.
The implementation of the ESOP will not be conditional upon the implementation of the MTN BEE Transaction and Eligible MTN ESOP Employees will be issued the ESOP Shares, directly, and not through BIC.Based on current employee figures available, the indicative number of MTN Shares that will be issued pursuant to the ESOP is 1,417,600 MTN Shares, which equates to a value of R152 million based on the Transaction Share Price.