Unvested Stock Awards definition

Unvested Stock Awards means all (i) unvested restricted stock awards under the 1988 TriMas Corporation Restricted Stock Incentive Plan (Restated December 5, 1995), (ii) unvested options under the 1988 TriMas Corporation Stock Option Plan (Restated December 5, 1995), and (iii) unvested restricted stock awards, options, or other awards of any form under the TriMas Corporation 1995 Long Term Stock Incentive Plan (Restated December 5, 1995) representing awards, options or grants granted prior to February 28, 1998.
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Unvested Stock Awards has the meaning set forth in Section 3.10(a).
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Examples of Unvested Stock Awards in a sentence

  • Furthermore, the Unvested Stock Awards allocated to the sole member of our Managing Board under the Unvested Stock Awards Plan that are not exercisable and vested will become fully exercisable and fully vested without any condition linked to this accelerated vesting.

  • Despite this temporary decrease of the base salary voluntary agreed by the Senior Management, the non‐ cash amounts paid as compensation were significantly increased in 2020, mainly due an increase in the long‐term compensation paid to the members of the Senior Management, which was in turn a result of an increase in the share price of the Unvested Stock Awards (“USAs”).

  • The Unvested Stock Awards value is a financial value which is calculated as follows: number of shares granted X share price based on market value the day of grant.

  • The vesting of Unvested Stock Awards (“USAs”) is subject to the achievement of performance conditions and calculated over a three‐year performance period.

  • Provided you execute this Agreement, pursuant to your Employment Agreement, all Unvested Stock Awards (as defined in the Employment Agreement) will vest as of the Separation Date.

  • In addition, in the event of any such change or distribution, in order to prevent dilution or enlargement of a Non-Employee Director's rights under the Plan, the Board will have authority to adjust, in an equitable manner, the number and kind of shares that may be issued under the Plan, the number and kind of shares subject to outstanding Stock Options and Stock Awards (including Unvested Stock Awards), and the exercise price applicable to outstanding Stock Options.

  • Notwithstanding any other provision of this Plan, if there is a Change in Control of the Company, all then outstanding Stock Options shall immediately become exercisable and all Unvested Stock Awards shall immediately become vested and deliverable, as the case may be.

  • The aggregate number of unvested DXC stock awards outstanding for each DXC non-employee director at March 31, 2021 were as follows:Aggregate Unvested Stock Awards OutstandingNameas of March 31, 2021Mukesh Aghi10,300Amy E.

  • Unvested Stock Awards shall be forfeited unless the terms of the Stock Award provide otherwise or unless the Committee, in its discretion, waives this forfeiture provision.

  • Except in connection with an adjustment under Article 9, the terms of outstanding Stock Awards may not be amended to reduce the exercise price of outstanding Options or cancel outstanding Options in exchange for cash, other Awards, or Options with an exercise price that is less than the exercise price of the original Options, unless the stockholders of the Company have approved such an action within twelve (12) months prior to such an event.2.6 No Dividend Payments on Unvested Stock Awards.

Related to Unvested Stock Awards

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

  • Stock Awards means all stock options, restricted stock and such other awards granted pursuant to the Company’s stock option and equity incentive award plans or agreements and any shares of stock issued upon exercise thereof.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • Restricted Stock Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock Award grant. Each Restricted Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Restricted Stock means Shares issued pursuant to a Restricted Stock award under Section 7 of the Plan, or issued pursuant to the early exercise of an Option.

  • Unrestricted Stock Award means an Award of shares of Stock free of any restrictions.

  • Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • Limited Stock Appreciation Right means an Award of a limited Tandem Stock Appreciation Right or a Non-Tandem Stock Appreciation Right made pursuant to Section 7.5 of this Plan.

  • Restricted Stock Bonus means Stock granted to a Participant pursuant to Section 8.

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Stock Award means any right to receive Common Stock granted under the Plan, including an Incentive Stock Option, a Nonstatutory Stock Option, a Restricted Stock Award, a Restricted Stock Unit Award, a Stock Appreciation Right, a Performance Stock Award or any Other Stock Award.

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • Company Restricted Stock Unit means any restricted stock unit award subject to service-based vesting, payable in shares of Company Common Stock or the value of which is determined with reference to the value of shares of Company Common Stock, whether granted under a Company Stock Plan or otherwise.