Stock Dividend definition

Stock Dividend has the meaning set forth in Section 5(a)(i)(A).

Stock Dividend means any stock split, stock dividend, reverse stock split or similar transaction which changes the number of outstanding shares of capital stock of the Company.

Stock Dividend means a dividend or other distribution declared on the shares of Common Stock payable in (i) capital stock of the Company or any Subsidiary of the Company, or (ii) rights, options or warrants to receive or purchase capital stock of the Company or any Subsidiary of the Company, or (iii) securities convertible into or exchangeable for capital stock of the Company or any Subsidiary of the Company, or (iv) any capital stock received upon the exercise, or with respect to, the foregoing.

Examples of Stock Dividend in a sentence

• Such awards include, without limitation, Options, SARs, sales or bonuses of Restricted Stock, Dividend Equivalent Rights, Performance Units or Performance Shares, and an Award may consist of one such security or benefit, or two (2) or more of them in any combination or alternative.

• Whenever a dividend or Distribution provided for in this Section 2 shall be payable in property other than cash (other than a Common Stock Dividend), the value of such dividend or Distribution shall be deemed to be the fair market value of such property as determined in good faith by the Board.

• The Company shall give notice to the Holder prior to any record date or effective date, as the case may be, in respect of any Common Share Reorganization, Stock Dividend Payment or Capital Reorganization describing, in each case, such event in reasonable detail and specifying such record date or effective date, as the case may be.

• In addition, after the record date or effective date, as the case may be, of any Common Share Reorganization, Stock Dividend Payment or Capital Reorganization, the Company shall promptly give notice to the Holder of such event, describing such event in reasonable detail and specifying the record date or effective date, as the case may be, and, if determinable, the required adjustment and the computation thereof.

• If the Company shall set a record date to determine the holders of shares of Common Stock or any other class of capital stock, as the case may be, for purposes of a Common Share Reorganization, Stock Dividend Payment or Capital Reorganization and shall legally abandon such action prior to effecting such action, then no adjustment shall be made pursuant to this Article III in respect of such action.

More Definitions of Stock Dividend

Stock Dividend has the meaning set forth in Section 6(a)(i)(A).

Stock Dividend means the dividends declared by the Bank’s Board and paid to Members in the form of additional shares of Class B Stock.

Stock Dividend means the 10% stock dividend authorized by the Board of Directors to be paid to the Stockholders of record on the date that the Company raises the first $125,000,000 in the Initial Public Offering or such lesser amount on such earlier date as determined by the Board of Directors.

Stock Dividend means (i) the one-for-one stock Class A Common Stock dividend payable with respect to shares of Class A Common Stock which are issued and outstanding on June 1, 2000, to be paid to holders of record of Class A Common Stock as of the close of business on June 15, 2000 and (ii) the one-for-one stock Class B Common Stock dividend payable with respect to shares of Class B Common Stock which are issued and outstanding on June 1, 2000, to be paid to holders of record of Class B Common Stock as of the close of business on June 15, 2000.

Stock Dividend means the stock dividend of one Common share declared and issued in respect of each issued and outstanding Common share in the capital of the Company and each issued and outstanding Class B Share and paid to Shareholders on January 13, 2014;

Stock Dividend means any dividend payable in shares of the Corporation’s capital stock or rights, options or warrants to purchase or otherwise acquire the Corporation’s capital stock.

Stock Dividend means a payment by the Company of a dividend or other distribution in Common Stock to all holders of Common Stock.