Stock Option Adjustment definition

Stock Option Adjustment portion of Special Severance Pay Benefits shall be payable if, after a Change in Control, Executive elects, pursuant to options issued to him under the 1996 or 2002 Long-Term Incentive Plan or any predecessor or successor plans, to elect stock appreciation rights and shall consist of an amount equal to (a) the number of common shares as to which Executive shall have made such election, multiplied by (b) the excess, if any, of (x) the highest price per share actually paid in connection with any Change in Control, over (y) the fair market value of a common share on the date of such election.
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Stock Option Adjustment means the amount, if positive, resulting from the difference between (1) the amount originally estimated for the receipt of resources by the Target Company, if all granted purchase options had been made until August 13, 2015, under the stock option plan approved by the general shareholders’ meeting, corresponding to BRL 20,772,234.94 (twenty million, seven hundred and seventy-two thousand, two hundred and thirty-four Brazilian Reais and ninety-four cents) on this date, including (1) the price deduction for the option of purchasing shares issued by the Target Company, granted in the terms of the plans approved by the Target Company’s general shareholders’ meeting (stock options) and not yet put into practice, thus assuming the control of all purchase options made by beneficiaries and the payment of the Threshold Amount through the distribution of dividends (“SOP Strike Impact”); and (2) the amount to be effectively received by the Target Company once all purchase options granted under the purchase option plan approved by the shareholders’ meeting have been exercised.
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Examples of Stock Option Adjustment in a sentence

  • Except as noted below, all information discussed below reflects the 2012 Stock Option Adjustment.

  • Except as noted below, all information discussed below reflects the Stock Option Adjustment.

  • Our stock option activity was as follows: For the Nine Months Ended September 30, 2012 Options (1) The beginning of period weighted-average exercise price of $20.53 does not reflect the 2012 Stock Option Adjustment, which occurred subsequent to December 31, 2011.(2) These stock options are included in the caption “Total options outstanding, end of period.” See discussion of the 2005 LTIP, 2008 LTIP and other employee performance awards below.

  • Stock Award Activity Our stock option activity was as follows: For the Three Months Ended March 31, 2012 Options (1) The beginning of period weighted-average exercise price of $20.53 does not reflect the 2012 Stock Option Adjustment, which occurred subsequent to December 31, 2011.(2) These stock options are included in the caption “Total options outstanding, end of period.” See discussion of the 2005 LTIP, 2008 LTIP and other employee performance awards below.

  • This is underlain by native sand and gravel glacial outwash at a thickness of 14 to 34 feet.

  • The period from the date the tax authority issues the notice of request for explanation and supplementation to the date the tax authority receives the taxpayer's written explanation and supplement does not count within the time limit for processing the tax refund dossier of the taxpayer.

Related to Stock Option Adjustment

  • Inflation adjustment means that term as defined in the master settlement agreement.

  • Dilution Adjustment means any fraction or number by which the Exchange Rate shall be multiplied pursuant to Section 6.1(a), (b), (c) or (d).

  • Substitution Adjustment As defined in Section 2.03(d) hereof.

  • Capitalization Adjustment means any change that is made in, or other events that occur with respect to, the Common Stock subject to the Plan or subject to any Purchase Right after the date the Plan is adopted by the Board without the receipt of consideration by the Company through merger, consolidation, reorganization, recapitalization, reincorporation, stock dividend, dividend in property other than cash, large nonrecurring cash dividend, stock split, liquidating dividend, combination of shares, exchange of shares, change in corporate structure or other similar equity restructuring transaction, as that term is used in Financial Accounting Standards Board Accounting Standards Codification Topic 718 (or any successor thereto). Notwithstanding the foregoing, the conversion of any convertible securities of the Company will not be treated as a Capitalization Adjustment.

  • Substitution Adjustment Amount As defined in Section 2.03.

  • Buy In Adjustment Amount shall have the meaning specified in Section 6.

  • Company Stock Option means each option to purchase shares of Company Common Stock outstanding under the Company Stock Plans.

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Company Stock Option Plan means the Company's 1999 Stock Option Plan.

  • Company Stock Options means issued and outstanding options to acquire Company Common Stock which were granted under the Company Stock Option Plans.

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Incentive Stock Option means an Option intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder.

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • Exercise Price Per Share ; hereinafter "Exercise Price" means the exercise price with respect to all Shares acquired pursuant to each exercise of the Option).

  • Company Stock Option Plans means the 1996 Equity Incentive Plan, 1998 Stock Option Plan for Non-Employee Directors and 1999 Employee Stock Option Plan.

  • Aggregate Option Exercise Price means an amount equal to the aggregate dollar amount of the exercise price on all Company Options outstanding immediately prior to the Effective Time.