Examples of Vector Common Stock in a sentence
For stockholders of Vector who own Vector Common Stock through a broker or other nominee, their shares of Spinco Common Stock will be credited to their respective accounts by such broker or nominee.
Vector stockholders holding a number of shares of Vector Common Stock, on the Record Date, which would entitle such stockholders to receive less than one whole share of Spinco Common Stock in the Distribution, will receive cash in lieu of fractional shares.
Each holder of Vector Common Stock (including Vector Common Stock underlying outstanding stock option awards and restricted stock awards subject to the terms and conditions set forth in the Employee Matters Agreement) on the Record Date will be entitled to receive in the Distribution one share of Spinco Common Stock for every two shares of Vector Common Stock held by such stockholder.
In connection with the Distribution, each holder of a Vector Option Award, whether vested or unvested, that is outstanding on the Record Date will receive one share of Spinco Common Stock for every two shares of Vector Common Stock underlying such Vector Option Award.
Spinco shall mail or otherwise distribute to the holders of Vector Common Stock as of the Record Date, on or prior to the Distribution Date, the prospectus included in its Form S-1, as well as any other information concerning Spinco, its business, operations and management, the Plan of Reorganization and such other matters as may be necessary or advisable or as may be required by Law.
Spinco shall mail to the holders of Vector Common Stock as of the Record Date, on or prior to the Distribution Date, the Information Statement included in its Form 10, as well as any other information concerning Spinco, its business, operations and management, the Plan of Reorganization and such other matters as may be necessary or advisable or as may be required by Law.
All shares of Ultra Common Stock issued upon conversion of shares of Vector Common Stock in accordance with the terms of this Section 3.1(h) shall be deemed to have been issued at the First Vector Effective Time and, together with the Vector Cash Consideration, will be deemed full satisfaction of all rights pertaining to such shares of Vector Common Stock.
At or prior to the Effective Time, DSL and Vector shall take all action necessary to cause the assumption by DSL as of the Effective Time of the options to purchase Vector Common Stock outstanding as of the Effective Time (the "Outstanding Vector Options").
The Disclosure Letter provides an accurate list of all stockholders owning the issued and outstanding Vector Common Stock, together with the number held by each, and all of the holders of the Outstanding Vector Options together with the number held by each.
The exercise price of each share of DSL Common Stock subject to an assumed Outstanding Vector Option shall be the amount (rounded up to the nearest whole cent) equal to (a) the aggregate exercise price for the shares of Vector Common Stock otherwise purchasable pursuant to the Outstanding Vector Option divided by (b) the aggregate number of shares of DSL Common Stock deemed purchasable pursuant to such Outstanding Vector Option.