Examples of Unexercised Stock Option in a sentence
Unexercised Stock Option Awards will be forfeited upon the market close of the NYSE on the Expiration Date of the Grant.
Unexercised Stock Option Awards are forfeited at the end of the applicable Exercise Period.
The exercise by the Employee of the right to a Stock Option Adjustment shall not result in any changes to the Employee’s Unexercised Stock Option other than those described in this paragraph (b), except that that the status of the amended option as an Incentive Stock Option (as defined in Section 422 of the Code) shall be determined under the applicable provisions of the Code.
Upon delivery of such written notice, the agreement governing the exercise of the Employee’s Unexercised Stock Option shall be deemed to have been amended to provide for the extension described in this paragraph (b), whether or not a formal written amendment is prepared or executed.
For example, if the Per Share Merger Consideration is equal to $9.50 and if, under an Unexercised Stock Option, the holder thereof could purchase 40 shares of Company Stock at an exercise price of $4.00 and 60 shares of Company Stock at an exercise price of $5.00, then the Option Shares Merger Consideration in respect of such Unexercised Company Stock Option would be equal to $490.00 (i.e., ($9.50 – $4.00)*40 + ($9.50 – $5.00)*60).
Where relevant, NGET shall issue revised Statement of Works Planning Assumptions.
For example, if the Per Share Merger Consideration is equal to $9.50 and if, under an Unexercised Stock Option, the holder thereof could purchase 40 shares of Company Stock at an exercise price of $4.00 and 60 shares of Company Stock at an exercise price of $5.00, then the Option Shares Merger Consideration in respect of such Unexercised Company Stock Option would be equal to $490.00 (i.e., ($9.50 — $4.00)*40 + ($9.50 — $5.00)*60).