Examples of Atlas Common Stock in a sentence
Western Atlas shall take all action necessary to amend (if necessary), or otherwise provide for adjustments of outstanding awards under, the Western Atlas Stock Option Plan, so that each outstanding Western Atlas Option will be adjusted by (i) multiplying the number of shares of Western Atlas Common Stock subject to the option by the Adjustment Factor and (ii) dividing the exercise price per share of the option by the Adjustment Factor.
Shares of Atlas Common Stock, Atlas Series D Preferred Stock, Atlas Series E Preferred Stock, Atlas Series G Preferred Stock, Atlas Series H Preferred Stock and Atlas Series I Preferred Stock shall have been approved for listing on the NYSE, subject to the completion of the Merger.
UNOVA will provide to the Agent all information or documents necessary to effect direct registration, and Western Atlas will provide to the Agent any information required in order to complete the Distribution on the basis of one share of UNOVA Common Stock for each share of Western Atlas Common Stock outstanding on the Record Date.
In particular, the methodology should be targeted and outcomes focussed in order to allow decisions to be made.
Following the Spin-Off, RAI shall promptly, but in no event no later than two business days thereafter, instruct the RAI Transfer Agent to deliver to the Atlas Transfer Agent true, correct and complete copies of the stock and transfer records reflecting the holders of RAI Common Stock receiving shares of Atlas Common Stock in connection with any transaction(s) included as part of the Spin-Off.
In the aggregate, Baker Hughes is issuing approximately 148.6 million shares of Baker Hughes Common Stock in exchange for the Western Atlas Common Stock.
Until the Spin-Off Date, Atlas shall consult with, and cooperate in all respects with, RAI in connection with any primary offering of the Atlas Common Stock or any other securities of Atlas and shall, at RAI's direction, promptly take any and all actions necessary or desirable to consummate such transactions.
If the Baker Hughes Share Price is greater than $42.75 and less than or equal to $44.75, the Exchange Ratio adjusts to maintain the value (based on the Baker Hughes Share Price) of the Baker Hughes Common Stock issued for each share of Western Atlas Common Stock at $102.60 and is equal to that fraction, rounded to the nearest thousandth, or if there shall not be a nearest thousandth, to the next lower thousandth, equal to the quotient obtained by dividing $102.60 by the Baker Hughes Share Price.
As a result of the Merger, each share of common stock, par value $1.00 per share, of Western Atlas ("Western Atlas Common Stock") issued and outstanding immediately prior to the effective time of the Merger will be converted into the right to receive shares of Baker Hughes Common Stock based on the average of the per share closing prices of Baker Hughes Common Stock as reported on the New York Stock Exchange, Inc.
Author Biography John Ellis is an assistant professor at Ball State University’s Department of Educational Leadership in Muncie, IN.