Exercisable definition

Exercisable shall be deemed to include the terms "call" or "callable" as such terms may apply to a stock appreciation right, and in the event of the call of a stock appreciation right the underlying Option will be deemed to have been exercised for all purposes under the Plan. Payment of a stock appreciation right shall be made as soon as reasonably practicable following receipt by the Corporation of the notice described in Paragraph 8. Payment of the stock appreciation right shall be made in such form as may be permitted pursuant to the rules and regulations adopted from time to time by the Committee, as in effect on the date the stock appreciation right is called.
Exercisable shall be deemed to include the terms "call" or "callable" as such terms may apply to a stock appreciation right granted in conjunction with the Option and in the event of the call of the stock appreciation right the underlying Option will be deemed to have been exercised for all purposes under the Plan. If the Option is not designated in Section 6 of the addendum to this Agreement as being granted with a stock appreciation right, the Option shall nevertheless automati- cally include a stock appreciation right that may be called in the event of a Change in Control, only during the periods described in Subparagraphs (a), (b), (c) or (d) of Para- graph 3 In the case of any stock appreciation right that is called during either of the thirty (30) day periods described in Paragraph 3(a) or 3(d), for purposes of measuring the value of the stock appreciation right, "Fair Market Value" shall be the greater of (a) the value of the consideration per share that the Employee would have received in connection with such transaction as a stockholder of the Corporation if he or she had exercised the Option prior to the consummation of the transaction described in Paragraph 3(a) or Paragraph 3(d) or (b) the value determined in good faith by the Committee (as composed on the day preceding the date of consummation of the transaction described in Paragraph 3(a) or 3(d)), taking into consideration all relevant facts and circumstances. Payment of a stock appreciation right shall be made as soon as reasonably practicable following receipt by the Corporation of the form described in Paragraph 8. Pay- ment of the stock appreciation right shall be made in such form as may be permitted pursuant to the Rules as in effect on the date the stock appreciation right is called.
Exercisable. (with respect to an option) means vested, or held for a sufficient period of continuous employment such that the option has become eligible to be exercised with respect to some or all of the stock subject to the option as specified in the vesting schedule.

Examples of Exercisable in a sentence

  • The following is a summary of the Options outstanding as at December 31, 2023: Options Outstanding Options Exercisable Weighted AverageWeighted Average Remaining Remaining Outstanding atContractual LifeExercisable atContractual Life1 Prior period Options and exercise price amounts have been retrospectively adjusted to reflect the Share Consolidation, which became effective on December 15, 2023.

  • Reinstatement; Powers Exercisable by Receiver or Trustee Suits to Protect the Notes Collateral.

  • Name and Principal Number of Securities Underlying Unexercised Units: Exercisable (#)Number of Securities Underlying Unexercised Units: Unexercisable (#) Option Grant Price ($)Vu Truong, Ph.D.-30,0000.95(1)Hasan Jafri, M.D.-20,0000.95(1)Eric Patzer, Ph.D.-24,0000.95(1) (1) Grant date of December 5, 2022, with 50% of the RSUs vesting on June 5, 2023 and 50% vesting on December 5, 2023.

  • Outstanding Equity Awards at Fiscal Year-End The following table provides information regarding all outstanding equity awards for our named executive officers as of December 31, 2019: Name Exercisable Unexercisable (1) These options were granted on April 1, 2018 and vested as follows: the options vests in twelve (12) consecutive equal installments over a three year period commencing the April 1, 2019.

  • Includes shares over which present executives have voting power under the Company’s 401(k) Plan and options to purchase shares of common stock granted pursuant to the Company stock option plan which are exercisable within 60 days of March 3, 2008, as follows: Name 401K Exercisable Options Joseph M.

  • Granted 654,537 $ 11.85 Cancelled (70,000) $ 6.00 Exercised (248,250) $ 7.50 Balance at December 31, 2007 2,772,380 $ 12.28 4.6 $3,000,226 Exercisable at December 31, 2007 2,744,880 $ 12.29 4.6 $3,000,226 Options covering 27,500 shares were not vested at December 31, 2007.

  • Number Outstanding Exercisable Grant Date Expiry Date Exercise Fair Value Volatility Life Dividend The Company’s outstanding warrants are valued at the fair value of the instruments issued, determined using the Black‐Scholes option pricing model, using the above inputs, and classified as equity instruments on the statement of financial position.

  • The following table summarizes the Company’s outstanding Options: Exercise PriceNumber Outstanding at June 30, 2023Weighted Average Remaining ContractualLife (Years)Number Exercisable atJune 30, 2023$1.501,210,0002.141,210,000$1.20561,0004.65- 1,771,0002.941,210,000The weighted average remaining contractual life of Options outstanding at June 30, 2023 is 2.94 years.

  • Option Awards(1) NameNumber of SecuritiesUnderlying Unexercised Options (#) Exercisable Number of SecuritiesUnderlying Unexercised Options (#) UnexercisableOptionExercise Price ($) (1) On June 22, 2022, we granted Mr. Patel options to purchase shares of common stock for compensation and incentives to be earned in equal installments over 48 months.

  • Aggregate Option Exercises in Year Ended September 30, 2001 and Fiscal Year End Option Values Value of Unexercised Number of Unexercised In-the-Money Options Number of Options at September 30, at September 30, 2001 Shares Acquired Value 2001 Exercisable/ Exercisable/ Name On Exercise Realized Unexercisable Unexercisable - (1) (2) (3) (4) Richard D.


More Definitions of Exercisable

Exercisable means, with respect to any options or warrants to purchase Common Stock or any security convertible into or exchangeable for Common Stock, that at the time of determination, such options or warrants may be exercised for Common Stock or any security convertible into or exchangeable for Common Stock.
Exercisable means the portion of an Option that is Vested and ----------- that may be exercised and shares of Common Stock may be purchased pursuant thereto, in accordance with Sections I and II of the Option Agreement; per the Option Agreement Vested Options may not be Exercisable.
Exercisable or “Exercisability” means, at any given time, the extent to which the Participant may Exercise the Option to purchase Option Shares.
Exercisable means, with respect to any options or ----------- warrants to purchase Common Stock or any security convertible into or exchangeable for Common Stock, that at the time of determination, such options or warrants may be exercised for Common Stock or any security convertible into or exchangeable for Common Stock.
Exercisable means in relation to an Option, the Participant being unconditionally entitled to Exercise such Option pursuant to the Rules and Unexercisable shall be construed accordingly;
Exercisable will have a meaning correlative to the foregoing.

Related to Exercisable

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • Optioned Shares means the common shares of the Company, issuable on exercise of the Option; and

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Option means a stock option granted pursuant to the Plan.

  • Optioned Stock means the Common Stock subject to an Option.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • SAR means a stock appreciation right granted under the Plan.

  • Stock Appreciation Right or “SAR” means a right to receive the appreciation on Common Stock that is granted pursuant to the terms and conditions of Section 5.