Dividend Shares definition

Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.
Dividend Shares means shares of Series D Convertible Preferred Stock issued as dividends on outstanding shares of Series D Convertible Preferred Stock in accordance with Section 5(b).
Dividend Shares means a number of Shares equal to the value of dividends paid on the Shares subject to an Award over all or any part of the Vesting Period and which may be added to a Vesting Portion on a Vesting Date as determined by the Committee;

Examples of Dividend Shares in a sentence

  • The portion of Dividend Shares that will convert at that time is determined by the ratio of converting Class B non-Dividend Shares held by a shareholder to that shareholder's total Class B non-Dividend Shares.

  • Simultaneously, a portion of the Class B shares purchased through the reinvestment of Class B dividends or capital gains distributions ("Dividend Shares") will also convert to Class A shares.

  • Upon such delivery, such Shares (including Dividend Shares) shall be fully assignable, alienable, saleable and transferrable by the Participant; provided that any such assignment, alienation, sale, transfer or other alienation with respect to such Shares shall be in accordance with applicable securities laws and any applicable Company policy.

  • The Company shall pay any and all taxes that may be payable with respect to the issuance and delivery of Dividend Shares.

  • However, the Dividend Shares shall not be subject to any risk of forfeiture.


More Definitions of Dividend Shares

Dividend Shares means Shares acquired on behalf of a Participant from the reinvestment of dividends under Part D of the Plan and which are subject to the Plan;
Dividend Shares means dividends payable in shares of Series H Preferred Stock on the Firm Preferred Shares and Preferred Warrant Shares as provided for in the Series H Certificate of Designation and shares of Series H Preferred Stock issued to holders of Preferred Warrants pursuant to Section 3(d) of the Preferred Warrant, if applicable.
Dividend Shares means shares of Series A Preferred Stock paid by the Company to Holders of then outstanding shares of Series A Preferred Stock as dividends on such outstanding shares in accordance with this Certificate of Designations.
Dividend Shares means securities issued as dividends in respect of Senior Preferred Stock.
Dividend Shares means the shares of Series C Preferred Stock issued as dividends on outstanding shares of Series C Preferred stock in accordance with Article 4 hereof.
Dividend Shares means Shares which the Trustees acquire by reinvesting Participants’ cash dividends from their Plan Shares, as described in Rule 7.
Dividend Shares means fully paid and nonassessable shares, or fractions thereof, of Preferred Stock paid as dividends on Preferred Stock pursuant to Section 3.2(a) or paid as dividends on the Series A Preferred Stock.