Examples of Grant Date Value in a sentence
The Restricted Stock Award granted pursuant to Section 11(a) shall consist of shares of Stock with an aggregate Grant Date Value of $25,000.
On the Conversion Date (as defined below), the Restricted Stock Units that vested pursuant to the terms of Section 5 hereof, if any, shall be converted into the number of shares of Common Stock equal to the Grant Date Value divided by the fair market value of a share of Common Stock, which shares of Common Stock will be issued to the Participant, or in the event of the Participant’s death, the Participant’s beneficiary pursuant to the Plan.
If the maximum level performance achievement is assumed, the aggregate grant date fair value of the PSU awards granted in 2021 would be as follows: Maximum Grant Date Value of PSU AwardsName($) D.
Each director will receive an annual grant of restricted stock units under the Equity Plan (the “Annual Award”) as follows: • Grant Date Value: $100,000 based on the closing price of the Company’s common stock on the date of grant.
Grant Date Value" shall mean the mean between the highest and lowest quoted sales price of a share of Stock in the New York Stock Exchange Composite Transaction Report.