Vesting Event definition
Examples of Vesting Event in a sentence
The Warrant Shares shall vest in four equal tranches of [_____] Class A Common Shares each upon the occurrence, if any, of the vesting events set forth on Exhibit B hereto (the “Vesting Events”), in connection with Capital Contributions to the Fund made by the Warrantholder and/or its Affiliates on or prior to the date of the applicable Vesting Event.
After giving effect to the Vesting Event, the aggregate number of Warrant Shares issuable upon exercise of the Warrant that have vested but remain unexercised under the Warrant is: ____________.
Date: __________ To: [_____] Re: Notice of Vesting Event Reference is made to that certain Warrant to Purchase Class A Common Shares, dated as of February 6, 2026 (the “Warrant”), issued to [_____] representing the right to purchase up to [_____] Class A Common Shares of Five Point Holdings, LLC (the “Company”).
The undersigned hereby delivers notice to you that a Vesting Event has occurred under the terms of the Warrant.
After giving effect to the Vesting Event above, the aggregate number of Warrant Shares that have vested under the Warrant is: ____________.