Phantom Stock definition

Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.
Phantom Stock means Awards under Section 9.

Examples of Phantom Stock in a sentence

  • As of the close of business on the date of this Agreement, 882,250 shares of Company Common Stock were reserved for issuance pursuant to outstanding Company Stock Options, 57,143 Company RSUs (each of which relates to one share of Company Common Stock) were issued and outstanding, and 474,747 Company Phantom Stock Units (each of which relates to one share of Company Common Stock) were issued and outstanding.


More Definitions of Phantom Stock

Phantom Stock means a hypothetical share of Common Stock issued as phantom stock under the Plan.
Phantom Stock means an Award granted under Section 6.9.
Phantom Stock means an Award under Section 10 hereof entitling a Participant to a payment at the end of a vesting period of a unit value based on the Fair Market Value of a share of Common Stock.
Phantom Stock means a right, granted to a Participant under Section 6(e) hereof, to receive Stock, cash or a combination thereof at the end of a specified deferral period.
Phantom Stock means an Award granted under Section 6.9 of this Plan.
Phantom Stock means an Award under Section 10 hereof entitling a Participant to a payment based on a measure of value expressed as a share of Common Stock (“Phantom Stock Unit”). No stock certificates shall be issued with respect to such Phantom Stock Units, but AEP shall maintain a bookkeeping account in the name of the Participant to which the Phantom Stock Units shall relate.