Examples of Bank Stock Options in a sentence
If all of the outstanding shares of common stock of another corporation are changed into or exchanged solely for common stock in a transaction to which Section 425(a) of the internal Revenue Code of 1986, as amended, applies, then, subject to the approval of the Board of Directors of the Bank, Stock Options under the Plan may be substituted ("Substituted Options") in exchange for valid, unexercised and unexpired stock options of such other corporation.
The Plans shall be adopted by BankCorp as its own, and the options to purchase shares of BankCorp Stock into which the Bank Stock Options are converted shall be treated as stock options granted pursuant to the terms of such Plans.
Powerex believes that CAISO should explore refining the limitation on EIM transfers in the binding run.
This is an indication that the approach taken in 2019 was more successful and will be considered for future engagement campaigns.
The adjustment provided in this Section 3.04 with respect to any Bank Stock Options (whether or not “incentive stock options” (as defined in Section 422 of the Code)) shall be and is intended to be effected in a manner which is consistent with Section 424(a) of the Code and, to the extent it is not so consistent, the provisions of such Section 424(a) of the Code shall override anything to the contrary contained herein.
The number of shares of Bank Common Stock which are issuable and reserved for issuance upon exercise of Bank Stock Options and the Warrants as of the date hereof are Previously Disclosed in Bank’s Disclosure Schedule.
Community Bank shall have delivered to Financial Corporation the written agreement of each individual holder of the Community Bank Stock Options, as required by Paragraph 6.07(a), that it has been able to obtain.
Notwithstanding anything to the contrary herein, after the issuance of the New Options the total number of shares of Bank Stock subject to outstanding Bank Stock Options shall not exceed 793,651 shares.
This figure includes 40,000 Bank Stock Options each of which has an exercise price of $7.00; the remaining 2,017 options are PWC Replacement Options which have a weighted‐average exercise price of $84.79.The following table sets outs the burn rate percentage in respect of equity securities under the Stock Option Plans for the fiscal years ended 2019, 2018, and 2017.
As of the date of this Agreement, no more than 944,007 shares of First Bank Common Stock are subject to First Bank Stock Options or other Equity Rights in respect of First Bank Common Stock, and no more than 334,614 shares of First Bank Common Stock were reserved for future grants under the First Bank Stock Plans.