Examples of Successor Common Stock in a sentence
Together, with the Successor Common Stock, the (“Successor Capital Stock”).
Yellowstone County’s population is nearly perfect for establishing 15 House districts within its boundary.
We reserved 10,526,316 shares of Successor Common Stock for future issuance under the Amended and Restated CIT Group Inc.
Five year historical data is not presented since we emerged from bankruptcy on December 10, 2009 and the stock perform- ance of Successor Common Stock is not comparable to the performance of Predecessor Common Stock.
Long-Term Incentive Plan.Based on the Confirmation Order, the Company relied on Section 1145(a)(1) of the United States Bankruptcy Code to exempt from the registration requirements of the Securities Act of 1933, as amended, the issuance of the new securities.Shareholder Return – The following graph shows the quarterly cumulative total shareholder return for Successor Common Stock during the period from December 10, 2009 to December 31, 2010.
The opening prices were: CIT: $27.00, S&P 500: 1098.69, and S&P Banks: 124.73.Tax Attribute Preservation ProvisionIn order to preserve valuable tax attributes following emergence from bankruptcy, restrictions were included in our Articles of Incorporation on transfers of Successor Common Stock (the “Tax Attribute Preservation Provision”).
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Together, with the Successor Common Stock, the ("Successor Capital Stock").
Accordingly, the Successor Common Stock held by the trust and our liabilities under the DC Plan are included in the accompanying consolidated balance sheets as treasury stock and deferred compensation expense.
On the Effective Date, the DC Plan received Successor Common Stock and warrants exercisable for shares of Common Stock for cash at an initial exercise price of $100.00 per share, or in certain circumstances, in accordance with a cashless exercise, that were issued pursuant to the Plan in exchange for the Predecessor Class A common stock previously held by the trust.