In-The-Money Option Exercise Price means, with respect to each In-the-Money Option, the exercise price per share of an In-the-Money Option multiplied by the number of In-the-Money Options.
Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.
In-the-Money Option means a Company Option that has an exercise price per Company Share that is less than the Consideration per Company Share.
Aggregate Option Exercise Price means, as of any date of determination, the sum of the exercise prices payable upon exercise in full of all Vested Options held by all Optionholders immediately prior to the Effective Time, based on the Estimated Merger Consideration or the Final Adjusted Merger Consideration, as applicable.
In-the-Money Options means the excess of the market value of the Company’s Shares on December 31, 2022 over the exercise price of the options. The last trading price of the Company’s Shares on the Exchange on December 31, 2022 was $4.91.
Warrant Exercise Price means $0.01 per share.
Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.
Initial Exercise Price shall have the meaning set forth in Section 2.4.1.
Out-of-the-Money Option means each Company Stock Option that has a per share exercise price that is equal to or greater than the Cash Amount.
Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.
Exercise Price Per Share ; hereinafter "Exercise Price" means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).
Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.
Option Exercise Date has the meaning specified in Section 2.1.
SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.
Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.
Daily Option Value For any Valid Day, an amount equal to (i) the Option Entitlement on such Valid Day, multiplied by (ii) (A) the lesser of the Relevant Price on such Valid Day and the Cap Price, less (B) the Strike Price on such Valid Day; provided that if the calculation contained in clause (ii) above results in a negative number, the Daily Option Value for such Valid Day shall be deemed to be zero. In no event will the Daily Option Value be less than zero.
Aggregate Exercise Price means, in connection with the exercise of this Warrant at any time, an amount equal to the product obtained by multiplying (i) the Exercise Price times (ii) the number of shares of Common Stock for which this Warrant is being exercised at such time.
Initial Warrant Exercise Date means __________, 1997.
Option Exercise Period has the meaning set forth in Section 6.4.
Cash Exercise with respect to Warrant Shares; and/or
Option Exercise Notice has the meaning provided in Section 3.6 below.
Nonqualified Option means any Option that is not an Incentive Stock Option.
Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.
SAR Value means the excess of the Fair Market Value (on the exercise date) over the exercise price that the participant would have otherwise had to pay to exercise the related Stock Option, multiplied by the number of shares for which the Stock Appreciation Right is exercised.
New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.
Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:
Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date.