Examples of Hippo Common Stock in a sentence
Each outstanding Hippo Stock Option held by an Active Transferring Hippo Employee (each, a “Transferring Hippo Option”) that is vested as of the Distribution Time shall remain exercisable for Hippo Common Stock for the period of time following the Closing Date as permitted by, and in accordance with, its terms and conditions.
The NGF estimates realized average golf revenue (green fees, cart fees, memberships) is about 38% of peak green fee, compared to a national success target of about 65%.
As of October 23, 2006, there were outstanding (i) 194,907,984 shares of Hippo Common Stock of which 314,339 were shares of Hippo Restricted Stock, (ii) employee stock options to purchase an aggregate of 14,125,344 shares of Hippo Common Stock (of which options to purchase an aggregate of 8,826,469 shares of Hippo Common Stock were exercisable) and (iii) no shares of Preferred Stock.
Each Transferring Hippo Option that is unvested as of the Distribution Time shall cease to represent a right with respect to a share of Hippo Common Stock and shall be deemed to be converted in the HippoRx Distribution into an option to purchase shares of HippoRx Common Stock (each, a “HippoRx Stock Option”), on the same terms and conditions as applied to such Transferring Hippo Option immediately before the Distribution Time.
Each such grant of Newco Restricted Stock shall have an equivalent value to the value of the cancelled Hippo Restricted Stock or Rhino Restricted Stock, as applicable, based on the value of a share of Hippo Common Stock or Rhino Common Stock, as applicable, immediately prior to the Effective Time and a share of Newco Common Stock immediately following the Effective Time and in each case without regard to any restrictions or periods of restriction to which such Restricted Stock is subject.