Examples of Average Stock Price in a sentence
The Participant shall not be paid any portion of the Target Award unless the Ending Average Stock Price is at least 60% of the Target Price.
The Participant shall be paid the Target Award if the Ending Average Stock Price equals the Target Price.
If the Ending Average Stock Price is below 60% of the Target Price, all of the Performance Share Units awarded by this Agreement shall immediately be forfeited and cancelled without consideration as of the last day of the Performance Period.
In lieu thereof, CenterState shall pay or cause to be paid to each holder of a fractional share of CenterState Common Stock, rounded to the nearest one hundredth of a share, an amount of cash (without interest and rounded to the nearest whole cent) determined by multiplying the fractional share interest in CenterState Common Stock to which such holder would otherwise be entitled by the CenterState Average Stock Price.
Divide the resulting sum of (i) above by the Average Stock Price at the beginning of the Plan Cycle for such stock.