Vested Company Option Shares definition

Vested Company Option Shares means, for each Vested Company Option, a number of shares equal to the quotient obtained by dividing (x) the product of (A) the total number of shares of Company Common Stock that would be issuable upon exercise of such Vested Company Option multiplied by (B) the difference between (1) the Per Share Participation Consideration minus (2) the per share exercise price of such Vested Company Option, by (y) the Per Share Participation Consideration, rounded down to the nearest whole share; provided that, in the event the exercise price per share of any Vested Company Option equals or exceeds the Per Share Participation Consideration, the Vested Company Option Shares with respect to that option will be deemed to be zero.
Vested Company Option Shares means, with respect to any Company Option outstanding as of immediately prior to the Effective Time, the number of shares of Company Common Stock issuable upon exercise of such Company Option as of immediately prior to the Effective Time, after giving effect to any Special Vesting Acceleration.

Examples of Vested Company Option Shares in a sentence

  • Holders of Vested Company Options, Accelerated Options and/or Partially Vested Options shall be permitted to exercise such Company Options for any such Vested Company Option Shares in advance of the consummation of the Merger, subject to compliance with all other terms and conditions of the agreements and the Company Option Plan pursuant to which such Company Option was granted.

Related to Vested Company Option Shares

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

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

  • Company Option means an option to purchase shares of Company Common Stock granted under the Company Incentive Plan.

  • Company Options means options to purchase shares of Company Common Stock.

  • Company RSU Award means any award of restricted stock units or performance stock units outstanding under the Company Stock Plans.

  • Company Optionholder means a holder of Company Options.

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

  • Company Option Plan means, collectively, each stock option plan, program or arrangement of the Company.

  • Company Option Plans means the following stock option plans of the Company: (a) the Amended and Restated 1989 Stock Plan, (b) the Amended and Restated 1996 Stock Incentive Plan and (c) the 2002 Nonqualified Stock Incentive Plan.

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

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

  • Company RSUs means any restricted stock units granted under any of the Company Equity Plans.

  • Company Optionholders means the holders of Company Options.

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

  • Company Equity Award means a Company Stock Option or a Company Stock Award or a phantom stock award, as the case may be.

  • Company Shares means the common shares in the capital of the Company;

  • 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.

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

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

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Optioned Shares means the common shares of the Company, issuable on exercise of the Option; and

  • 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.

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