Definition of SSE Share Price


SSE Share Price means the volume-weighted average of the trading price on the NYSE of a share of SSE Common Stock on the six trading days beginning three trading days prior the Distribution Date, based on the when-issued trading price, and ending on the second trading day after the Distribution Date, based on the regular-way trading price.
Sample 1

Examples of SSE Share Price in a sentence

In each case the target number of Adjusted CHK Performance Share Units is equal to the result of (X) divided by (Y), where X is (i) the number of target units subject to the Adjusted CHK Performance Share Units multiplied by (ii) the Distribution Ratio multiplied by (iii) the SSE Share Price and Y is equal to the Post-Distribution CHK Share Price, with the resulting number being rounded down to the nearest whole unit.
In each case the number of restricted shares of CHK common stock under the Adjusted CHK RSAs shall be equal the result of (X) divided by (Y), where X is (i) the number of restricted shares of CHK Common Stock subject to the CHK RSA multiplied by (ii) the Distribution Ratio multiplied by (iii) the SSE Share Price and Y is equal to the Post-Distribution CHK Share Price, with the resulting number being rounded down to the nearest whole share.