Eligible Options definition
Eligible Options means, as per the Class No-Action Relief, an index Option or Option on an individual security traded on the Exchange that is not fungible or interchangeable with options traded on any market other than the Exchange and, accordingly, each position in an Eligible Option issued by a Clearing Member of the Exchange can be closed out only on the Exchange. An Eligible Option cannot have as an Underlying any security of a U.S. issuer. A list of Eligible Options is provided at http://www.lseg.com/derivatives/document-library;
Eligible Options means, as per the Class No-Action Relief, an index Option or Option on an individual security traded on the Exchange that is not fungible or interchangeable with
Eligible Options means the outstanding and unexercised stock options granted under the Equity Plan, whether or not vested, that were granted on or after January 1, 2006 and on or before June 30, 2008 and have an exercise price greater than $30.00 per share.
Examples of Eligible Options in a sentence
The tendered Eligible Options will be returned to you and will remain exercisable in accordance with the terms in effect for them at the time of tender, including the current exercise price per share.
We recommend that you discuss with your personal tax advisor the tax consequences to you arising under Section 409A as a result of your ownership of Eligible Options.
We do not believe that there will be a tax liability solely as the result of your tender of Eligible Options or Required Options for replacement with New Options.
All of the options set forth in your personalized Letter of Transmittal will be Eligible Options.
We will not accept partial tenders of your Eligible Options or Required Options.
More Definitions of Eligible Options
Eligible Options means the Tranche I Service Options, Tranche II Service Options, Tranche III Service Options, Tranche I Performance Options, Tranche II Performance Options and Tranche III Performance Options with respect to which the Vesting Commencement Date has occurred as of the relevant date.
Eligible Options means all out-of-the-money GBTG stock options, meaning outstanding stock options to purchase our Class A Common Stock that have an exercise price that is equal to or greater than the closing price for our Class A Common Stock on the day that the Amended Exchange Offer closes and that are held by an Eligible Participant. Eligible Options granted prior to December 2, 2021 are referred to as “Eligible Legacy Options” and Eligible Options granted on December 2, 2021 are referred to as “Eligible BCA Options”.
Eligible Options means the Tranche I Options, Tranche II Options, and Tranche III Options with respect to which the Vesting Commencement Date has occurred as of the relevant date.
Eligible Options means all outstanding options to purchase shares of our common stock under the Company Option Plans. If you do tender for exchange outstanding options, then any and all options granted in the six (6) month period immediately preceding the Offer Date must also be exchanged.
Eligible Options means all Options outstanding immediately prior to the Effective Time having an exercise price per share immediately prior to the Effective Time that is less than the Per Share Closing Consideration, irrespective of whether they are vested or unvested as of the Effective Time.
Eligible Options means, as per the Class No-Action Relief, an index Option or Option on an individual security traded on the Exchange that is not fungible or interchangeable with options traded on any market other than the Exchange and, accordingly, each position in an Eligible Option issued by a
Eligible Options means any Option for which the exercise price per share is less than the sum of (A) the Per Share Common Initial Cash Consideration and (B) the Per Share Common Escrow Consideration (it being understood that the sum of all Common Escrow Distributions after the Effective Time are to be taken into account in determining whether the exercise price of an Option outstanding immediately prior to the Effective Time is less than the sum of (A) and (B)).