VWAP Target definition

VWAP Target means the volume-weighted average price of the Class A Common Stock over the prior period of 180 consecutive calendar days is greater than $10.55 per share (as adjusted for stock splits, combinations, stock dividends, recapitalizations and the like with respect to the Class A Common Stock).
Sample 1Sample 2Sample 3
VWAP Target means the volume weighted average price of the Company's common stock (60 minute periods) on the OTCBB (or a national securities exchange, if applicable) for 20 consecutive trading days while Mr. Banzhaf is employed by the Company and serving as President, or within one (1) year after a Termination Without Cause.
Sample 1Sample 2
VWAP Target means the VWAP (as defined below) targets set forth as follows:
Sample 1

Examples of VWAP Target in a sentence

  • If Executive believes that a VWAP Target has been achieved, he shall submit to the Compensation Committee of the Board (the “Committee”) a written notice thereof (each a “VWAP Notice”).

  • Executive shall be eligible to receive a bonus payable in shares of the Company’s common stock (“Common Stock”) (each a “Bonus”) set forth on the second column of the table below the first time during the Employment Term that the thirty (30) day volume weighted average price of the Company’s Common Stock (“VWAP”) is equal to or exceeds the VWAP Target set forth on the first column in the table below.

  • Upon the earlier of (i) the VWAP Target, (ii) the Warrant Exercise, and (iii) the Cheng Board Trigger, the Corporation may, in its sole discretion, upon 5 business days prior written notice, force the conversion (the “Mandatory Conversion”) of all, but not less than all, of the outstanding shares of Series A Preferred Stock (including any declared but unpaid dividends to which such shares of Series A Preferred Stock are then entitled) at the Conversion Price.

  • RSUs that are Earned RSUs with respect to a current or prior Calculation Period shall vest on the date they are earned.If a VWAP Target is met for a future Calculation Period, the RSUs that may be earned in that future Calculation Period will immediately become Earned RSUs that will then vest ratably based on Participant’s continued employment at the end of subsequent Calculation Periods.

  • For example, if the VWAP Target were met only in the third calculation period, Earned RSUs would be 375,000 shares.

  • Extrinsically motivated goals are not pursued with sustained energisation and are likely to wane over time as they do not represent the needs of the individual (Sheldon & Elliot, 1998).Several studies examining the relations between motivation and different student outcomes have shown the importance of promoting autonomous forms of motivation atschool.

  • The Committee shall determine the VWAP Value as of the last day of the Performance Period, and shall determine the payout percentage, if any, of the VWAP Target Units (the “VWAP Payout Percentage”), that will vest and become Vested PSUs, as set forth below: * There will be no interpolation between the performance levels.

  • Intelligent order routers Volume Weighted Average Price – VWAP, Target Volume (TVOL), Fidelity Dynamic Liquidity Management SM (FDLM), are available for securities that have a primary listing on either the New York Stock Exchange or National Market System.

  • The “Performance Vesting Percentage” is the applicable percentage from the Performance Vesting Schedule set forth above, which will be determined based upon whether the Stock Price equals or exceeds the applicable VWAP Target set forth in the Performance Vesting Schedule set forth above.

  • The following Market Centers are currently available to direct orders to through the Directed Trading application: NYSE Arca – ARCA Nasdaq – NSDQ NYSE Hybrid – NYHY Volume Weighted Average Price – VWAP Target Volume – TVOL05, TVOL10, TVOL20 Fidelity Dynamic Liquidity Management SM - FDLM Fidelity’s proprietary order router – AUTO Available Market Centers are subject to change without notice.

Related to VWAP Target

  • Soft Target means a target that will suffer minimum damage and cause minimum damage to the subject vehicle in the event of a collision.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Initial Index Level means the closing level of the FTSE 100 on the Start Date.

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported on the Pink Open Market. If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 12 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index (other than a Multiple Exchange Index), the closing level of such Index at the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), all as determined by the Calculation Agent.