Parent RSU definition

Parent RSU means each restricted stock unit representing the right to vest in and be issued shares of Parent Common Stock by Parent, whether granted by Parent pursuant to a Parent Equity Plan, assumed by Parent in connection with any merger, acquisition or similar transaction or otherwise issued or granted and whether vested or unvested.
View Source
Parent RSU means a restricted stock unit issued under the Parent Stock Compensation Plan.
View Source
Parent RSU has the meaning set forth in Section 4.3(c).
View Source

Examples of Parent RSU in a sentence

  • Following the Effective Time, if any Post-Separation Parent RSU Award shall fail to become vested, such Post-Separation Parent RSU Award shall be forfeited to Parent, and if any SpinCo RSU Award shall fail to become vested, such SpinCo RSU Award shall be forfeited to SpinCo.

  • Parent and SpinCo shall establish an appropriate administration system to administer, in an orderly manner, the vesting and forfeiture of, and the withholding and reporting requirements with respect to, Post-Separation Parent RSU Awards and SpinCo RSU Awards, respectively.

  • Each Parent RSU Award that is outstanding as of immediately prior to the Effective Time shall be adjusted as described below; provided, however, effective immediately prior to the Effective Time, the Parent Compensation Committee may provide for different adjustments with respect to some or all Parent RSU Awards to the extent that the Parent Compensation Committee deems such adjustments necessary and appropriate.


More Definitions of Parent RSU

Parent RSU means each award of restricted share units with respect to Parent Common Stock granted under the Parent Equity Plan (other than Parent PRSUs).
View Source
Parent RSU means any award of the right to receive Parent Common Stock that is subject to restrictions based on performance or continuing service and granted under any Parent Stock Plan.
View Source
Parent RSU means any restricted stock unit payable in Parent Common Shares or whose value is determined with reference to the value of Parent Common Shares, whether granted under a Parent Stock Plan or otherwise.
View Source
Parent RSU shall have the meaning set forth in Section 2.05(a).
View Source
Parent RSU means a restricted stock unit covering shares of Parent Common Stock, including any restricted stock units subject to performance-vesting goals or metrics.
View Source
Parent RSU means Parent restricted stock units issued pursuant to Section 6.9(a)(ii) in connection with the assumption of Company RSUs.
View Source
Parent RSU means each restricted stock unit granted pursuant to the Parent Stock Plan.
View Source