PSU Value definition
Examples of PSU Value in a sentence
This Award entitles you to the right to receive a cash payment for each PSU awarded in an amount equal to the Final PSU Value (as defined below) on the Payment Date specified below.
The cash payment made to you on the Payment Date will be an amount equal to the final number of PSUs you receive multiplied by the Final PSU Value.
For the avoidance of doubt, the total value of the LTIP Replacement Bonus that each individual described in the LTIP Summary shall be eligible to receive shall equal, to the extent applicable for each such individual, the sum of the Cash RSU Value (if any), the Cash PSU Value (if any) and the Cash Option Value (if any).
The PSU Value is subject to applicable tax withholding in accordance with applicable law.
This Award entitles you to the right to receive a cash payment for each PSU awarded in an amount equal to the Final PSU Value (as defined below) on or before the Payment Date specified below.
The price (the “Base Price”) to be used as the basis for determining the PSU Value (as defined below) upon exercise of each PSU is [_______________], which was the fair market value of one share of the Company’s common stock on the Grant Date.
This Award entitles you to the right to receive a cash payment for each PSU awarded in an amount equal to Final PSU Value (as defined below) on the Payment Date specified below.
The cash payment made to you on each Payment Date will be an amount equal to the final number of PSUs calculated for the Performance Period multiplied by the Final PSU Value.
At the discretion of the Company, the PSU Value may be distributed in cash or settled in shares of Common Stock of the Company.
The number of shares of Common Stock that may be delivered upon exercise will be determined by dividing the PSU Value by the Fair Market Value of a share of Common Stock on the date of exercise, rounded down to the nearest whole share.