Beginning Price definition

Beginning Price means, with respect to the Company and any other Comparison Group member, the average of the closing market prices of such company’s common stock on the principal exchange on which such stock is traded for the twenty (20) consecutive trading days beginning with the first trading day of the Performance Period. For the purpose of determining Beginning Price, the value of dividends and other distributions shall be determined by treating them as reinvested in additional shares of stock at the closing market price on the date of distribution.

Beginning Price means, with respect to any one company, the average closing price of one share of common stock during the first fiscal quarter of the Performance Period. 

Beginning Price means, with respect to the Company and any other Comparator Group member, the average of the closing market prices of such company’s common stock on the principal exchange on which such stock is traded for the twenty (20) consecutive trading days ending with the last trading day before the beginning of the Performance Period. For the purpose of determining the Beginning Price, the value of dividends and other distributions shall be determined by treating them as reinvested in additional shares of stock at the closing market price on the ex-dividend date.

Examples of Beginning Price in a sentence

• For the purpose of determining Beginning Price, the value of dividends and other distributions (the ex-dividend date for which occurs during the thirty (30)-market-trading-day measurement period) will be determined by treating them as reinvested in additional shares of stock at the closing market price on the ex-dividend date.

• Notwithstanding the foregoing, the Applicable Percentage may not exceed 100% if the Company TSR is less than zero.All determinations regarding the Beginning Price, the Ending Price, the Company TSR, the Indexed Company TSRs, the Relative TSR, and the Applicable Percentage will be made by the Committee in its sole discretion and all such determinations will be final and binding on all parties.

• With respect to the computation of TSR, Beginning Price, and Ending Price, there shall also be an equitable and proportionate adjustment to the extent (if any) necessary to preserve the intended incentives of the awards and mitigate the impact of any change in corporate capitalization, such as a stock split, stock dividend or reverse stock split, occurring during the TSR Performance Period (or during the applicable 20-day period in determining Beginning Price or Ending Price, as the case may be).

• With respect to the computation of TSR, Beginning Price, and Ending Price, there shall also be an equitable and proportionate adjustment to the extent (if any) necessary to preserve the intended incentives of the awards and mitigate the impact of any change in corporate capitalization, such as a stock split, stock dividend or reverse stock split, occurring during the Performance Period (or during the applicable 20-day period in determining Beginning Price or Ending Price, as the case may be).

• For the Company’s rank under the column entitled “Relative Performance Rank” you will vest the percentage shown under the appropriate “Percent of Award Vesting” column depending on whether (i) the XEC Ending Price is less than the XEC Beginning Price or (ii) the XEC Ending Price is equal to or greater than the XEC Beginning Price.

More Definitions of Beginning Price

Beginning Price means, with respect to any one company, the average closing price of one share of common stock during the first fiscal quarter of the Performance Period.

Beginning Price means the average per share closing price, as reported by the Reporting Service, of a share or share equivalent on the applicable stock exchange for the period of 20 trading days immediately preceding the first day of the Performance Period.

Beginning Price means, with respect to the Company and any other Comparison Group member, the average of the closing market prices of such company’s common stock on the principal exchange on which such stock is traded for the twenty (20) consecutive trading days ending with the last trading day before the beginning of the TSR Performance Period. For the purpose of determining Beginning Price, the value of dividends and other distributions shall be

Beginning Price means, with respect to the Corporation and any other Corporation Peer Group member, the closing market price of such company’s common stock on the principal exchange on which such stock is traded on the last trading day before the beginning of the applicable measurement period (the relevant Performance Year or cumulative Performance Period).

Beginning Price means the average closing share price of the Company’s Common Stock over the 20 trading days immediately preceding January 1, 20__. The KBW Regional Banking Index is comprised of those companies that make up the KBW Regional Banking Index on the first day of the performance period) with the following exceptions: · If a company has been acquired as of the end of the performance period the company will be removed from the index. · If a company goes bankrupt during the performance period the company will be included in the ranking at -100%. Performance Based (Section 16) Performance Based (Section 16)

Beginning Price means the average of the closing prices of shares of the Company or each company in the Index, as applicable, during the thirty (30) consecutive trading days beginning on and including November 1, 2022.

Beginning Price means, as applicable, for the Company the closing market price of a Share on the Date of Grant or, for the S&P Index, the average closing price for the period of thirty (30) trading days immediately prior to the first day of the Performance Period.