Post-Distribution Value means, with respect to a Person's MRO RSUs or MPC RSUs, as applicable, the product of (a) the number of shares of MRO common stock or shares of MPC common stock, as applicable, subject to such MRO RSUs or MPC RSUs, as applicable, immediately after the Adjustment Time, and (b) the MRO Post-Distribution Stock Value or MPC Post-Distribution Stock Value, as applicable.
The percentage referred to in the preceding sentence shall be determined by dividing the MoneyGram Post-Distribution Value by the Viad Pre-Distribution Value.
Stac Stock Post-Distribution Value: the last sales price per share of Stac Common Stock on the Nasdaq National Market on the Distribution Date, less the Hi/fn Stock Value divided by the Distribution Ratio.
The Stac Aggregate Spread equals the product of the Stac Spread (as defined above) and a fraction the numerator of which is the Stac Stock Post-Distribution Value and the denominator of which is the Stac Stock Value.
The per share exercise price of each Stac Option held by Mr. Whiting listed on Exhibit A shall be adjusted as of the Distribution Date to equal the Stac Stock Post-Distribution Value minus the Adjusted Stac Per Share Spread.
After the Distribution Date the Option exercise price of each Stac Stock Option and Stac Director Option shall equal the product of (A) the Stac Stock Post-Distribution Value and (B) the quotient obtained by dividing the per share exercise price of the Stac Option by the Stac Stock Value, rounded to the nearest whole cent.