Equity Award Date definition

Equity Award Date means the Effective Date and each January 1 that is a multiple of the fifth anniversary of the Effective Date. The initial Equity Award Date of a Participant who becomes a Director after the Effective Date shall be the first day of the month coincident with or next following the date that the individual becomes a Director.
Sample 1

Examples of Equity Award Date in a sentence

  • In the event of a pro-rata award, the shares will vest on the first anniversary of the Annual Equity Award Date.

  • The restricted stock units will be paid in full on the first anniversary of the Annual Equity Award Date.

  • As of the Effective Date and each subsequent Equity Award Date, the Equity Award Account of each Participant who is then a Director will be credited with an Equity Award.

  • The initial Equity Award for a Participant described in the preceding sentence shall be credited to such Participant's Equity Award Account as of his or her first Equity Award Date and shall be stated with respect to a number of whole shares of Company common stock.

  • The number of whole shares of Company common stock credited to the Equity Award Account shall be the product of (i) that number of whole shares of Company common stock that has a Fair Market Value as of such date that most nearly equals $40,000 and (ii) a fraction, the numerator of which is the number of whole months preceding the next Equity Award Date under subsection 3(a) and the denominator of which is 60.

  • Each of the Chairpersons of the Audit and Finance, Compensation, and Nominating and Corporate Governance Committees will be granted Staples restricted stock units with an aggregate value of $32,0002 on the Annual Equity Award Date, which grant vests pro-rata on the date of each of the four regularly scheduled quarterly Board meetings that are held during the Staples’ fiscal year that includes the date of the award and at which each director is a chair of one of these three committees.

  • The Lead Director will be granted Staples restricted stock units with an aggregate value of $40,0002 on the Annual Equity Award Date, which grant vests pro-rata on the date of each of the four regularly scheduled quarterly Board meetings that are held during the Staples’ fiscal year that includes the date of the award and at which the director is the Lead Director.

  • The initial Equity Award Date of a Participant who becomes a Director after the Effective Date shall be the first day of the month coincident with or next following the date that the individual becomes a Director.

  • Equity Award Date means the Effective Date and each January 1 that is ----------------- a multiple of the fifth anniversary of the Effective Date.

  • The number of shares of Restricted Stock awarded hereunder shall equal the quotient of (i) such amount as may be fixed annually by the Board, subject to the limits of the Plan, divided by (ii) the per share Fair Market Value of Common Stock as of January 1 of the calendar year in which the Director Equity Award Date (as defined below) occurs.

Related to Equity Award Date

  • Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.

  • Equity Award means any option, restricted stock award, restricted stock unit award, stock appreciation right or other equity award to acquire shares of the Company’s common stock granted or issued to the Executive.

  • Equity Awards means any stock options, restricted stock, restricted stock units, stock appreciation rights, phantom stock or other equity based awards granted by the Company to the Executive.

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

  • Company Equity Award means a Company Stock Option or a Company Stock Award or a phantom stock award, as the case may be.

  • Company RSU Award means any award of restricted stock units or performance stock units outstanding under the Company Stock Plans.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Company Equity Awards means the Company Options and the Company RSUs.

  • Contract Award Date means the date of the Contract award notice, which may take the form of a purchase order, signed Contract or Notice of Award, issued by the Authority.

  • Company Restricted Stock Unit means a restricted stock unit issued pursuant to any of the Company Equity Plans that remains outstanding as of immediately prior to the Effective Time (other than Company Performance Restricted Stock Units).

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Equity Award Exchange Ratio means the sum of (i) the Share Consideration, plus (ii) the quotient of (x) the Cash Consideration divided by (y) the Parent Stock Price, rounded to the nearest one thousandth.

  • RSU Award or “RSU” means an Award of restricted stock units representing the right to receive an issuance of shares of Common Stock which is granted pursuant to the terms and conditions of Section 5(a).

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • LTIP Award means each or any, as the context requires, LTIP Award issued under any Equity Incentive Plan.

  • PSU means Public Sector Undertaking

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Restricted Stock Unit Agreement means the agreement consistent with the terms of the Plan between the Company and the recipient of a Restricted Stock Unit that contains the terms, conditions and restrictions pertaining to such Restricted Stock Unit.

  • RSUs means restricted stock units.

  • Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.