Unvested Stock Option definition

Unvested Stock Option means each Stock Option which shall not have fully vested as of the relevant date specified herein.
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Unvested Stock Option means any Stock Option that, as of immediately prior to the Effective Date, remains unvested pursuant to the terms of the applicable Equity Incentive Plan and Stock Option Award Agreement.
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Unvested Stock Option has the meaning set forth in Section 3.1(c)(viii).
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Examples of Unvested Stock Option in a sentence

  • The allocation of Unvested Options between the First Option Tranche and the Second Option Tranche (and the forfeiture of options as set forth above) shall be made pro rata among each grant of an Unvested Stock Option held by the Executive, based upon the number of shares covered by such Unvested Stock Option and shall be rounded to the nearest whole number of shares using conventions customarily employed by the Parent for such purpose.

  • In accordance with the foregoing, all rights with respect to Voting Common Stock under each Unvested Stock Option then outstanding shall be converted into and become rights with respect to Parent Common Stock, and Parent shall assume each such Unvested Stock Option in accordance with the terms and conditions (as in effect as of the date of this Agreement) of the Company Stock Option Plan and the terms and conditions of the stock option agreement by which it is evidenced.

  • See "Compensation and Related Tables - Outstanding Equity Awards at 2021 Fiscal Year-End" and " -Termination of Employment without Cause or Resignation with Good Reason - NEOs' Unvested Stock Option Awards" above.

  • Each Unvested Stock Option that is outstanding immediately prior to the Effective Time and held by a Person that is not a Continuing Employee shall, pursuant to an Option Cancellation Agreement to be executed and delivered to the Company by each holder thereof, be terminated and cancelled at the Effective Time without any present or future right to receive any consideration therefor.

  • Each Unvested Stock Option that is outstanding immediately prior to the Effective Time and held by the Founder shall, pursuant to an Option Cancellation, Assumption and Revesting Agreement, in substantially the form attached hereto as Exhibit D (the “Founder Option Revesting Agreement”), be assumed by Parent at the Effective Time and converted into a Parent Option.

  • The Company shall have entered into an Unvested Stock Option Agreement with each of Xxxx Xxxxxx, Xxxxxx X.

  • SYP production for the first quarter of 2019 was lower than the current quarter due to weather-related log shortages in the comparative quarter and the positive impact of capital improvements during the current quarter.

  • See " Compensation and Related Tables - Outstanding Equity Awards at 2020 Fiscal Year-End" and " -Termination of Employment without Cause or Resignation with Good Reason - NEOs' Unvested Stock Option Awards" above.

  • At least four (4) business days prior to the Closing, the Company shall provide to Parent a detailed list setting forth (i) the name of each holder of an Unvested Stock Option being assumed by Parent pursuant to Section 1.6(c), as well as the grant date, exercise price, vesting schedule and expiration date of each such Unvested Stock Option.

  • The Company agrees to satisfy any obligations related to, or in connection with, the cancellation of any Company Unvested Stock Option.


More Definitions of Unvested Stock Option

Unvested Stock Option is the portion of any Stock Option that is not vested as of immediately prior to the Effective Time.
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Unvested Stock Option is any Stock Option that is not vested as of immediately prior to the Effective Time. A Stock Option is “In the Money” for purposes herein if the exercise or conversion or exchange price per share of Company Common Stock issuable upon exercise or conversion or exchange of such Stock Option is less than (i) the Per Share Consideration reduced by (ii) both the Escrow Per Share Amount and the Equityholders’ Representative Per Share Expense Amount. The “Aggregate Exercise Price” means the aggregate exercise price of all In the Money Vested Stock Options outstanding as of the Effective Time and which are exercisable upon the payment of cash (e.g., all vested stock options and warrants (whether or not exercisable via a cashless exercise provision) that are In the Money). The “Aggregate Exercise Proceeds” means the aggregate cash proceeds actually received by the Company from the exercise of Vested Stock Options during the period beginning on the date of this Agreement and ending on the Effective Time.
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Unvested Stock Option means that portion of any Voting Common Stock Option that, at any point in time, is not vested and not exercisable pursuant to the terms thereof.
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Unvested Stock Option means a Stock Option to the extent it remains unvested as of the Effective Date.
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Related to Unvested Stock Option

  • Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • 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.

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

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

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

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

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • Company Stock Option Plan means each stock option plan, stock award plan, stock appreciation right plan, phantom stock plan, stock option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any stock, option, warrant or other right to purchase or acquire capital stock of the Company or right to payment based on the value of Company capital stock has been granted or otherwise issued.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

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

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

  • Director Option means an Option granted pursuant to Section 6.

  • 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.

  • Company Stock Option Plans has the meaning ascribed to it in Section 2.6(c).

  • Employee Option means an Option granted pursuant to Section 5.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

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

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

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

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • 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.

  • SAR means a stock appreciation right granted under the Plan.