Examples of Award RSUs in a sentence
Settlement of RSUs Subject to the terms of the applicable Award, RSUs will be settled upon vesting by delivery to the Grantee of the number of Shares that equals the number of RSUs that then become vested.
In early 2021, the SciPlay Compensation Committee determined the applicable level of performance, and the Social Award RSUs vested with respect to 494,250 shares of SciPlay Class A common stock.
Reflects vesting of Social Award RSUs based on actual achievement as of December 31, 2020, as described in “Compensation Discussion and Analysis - Objectives and Components of Compensation Program - Long-Term Incentive Compensation - Other Actions with Respect to Equity Awards”.
The Social Award RSUs are scheduled to cliff vest at the end of 2020, contingent upon the achievement of defined levels of SciPlay revenue and STIP AEBITDA for SciPlay’s 2020 fiscal year.
The Company may appoint a trustee (the “RSU Trustee”) to administer the Post-IPO RSU Scheme with respect to the grant of any Award RSUs, by way of which may vest in the form of Shares (the “Award Shares”) or the actual selling price of the Award Shares in cash in accordance with the Post-IPO RSU Scheme.
Vesting of Awards(i) Settlement of RSUsSubject to the terms of the applicable Award, RSUs will be settled upon vesting by delivery to the Grantee of the number of Shares that equals the number of RSUs that then become vested.
Consists of the number of shares of Common Stock issuable upon the vesting of the ADS Closing Award RSUs granted under our 2014 Stock Incentive Plan.
Table 4.9: Compressive strength test for coarse and fine RCA with SF.
An account (“Account”) shall be maintained by the Corporation for each award made to each Participant pursuant to an Award Agreement and which will be credited with an opening balance equal to the Award PSUs and/or Award RSUs granted pursuant to such Award Agreement.
If required for Award PSUs or Award RSUs subject to Section 409A, if any Award Agreement requires payment upon Separation from Service,then a Specified Employee’s payment shall be delayed until a date that is six months following the date of the U.S. Participant’s Separation from service (or, if earlier, the date of death of the U.S. Participant).