Adjusted Closing Price means a dollar amount equal to (i) if the Average Trading Price is greater than $47.00 and less than $51.00, then the Average Trading Price; (ii) if the Average Trading Price is greater than or equal to $51.00, then $51.00; or (iii) if the Average Trading Price is equal to or less than $47.00, then $47.00.
Adjusted Closing Price has the meaning given in Section 2(c)(ii).
Adjusted Closing Price means, for a given trading day, the Closing Price of the stock of the company being measured on such trading day, as adjusted as follows: if the company being measured has declared a dividend with respect to which the ex-dividend date is during the Beginning Average Period, the amount of such dividend shall be added to the Closing Price for each trading day during the Beginning Average Period that is on or after such ex-dividend date, and
Examples of Adjusted Closing Price in a sentence
For this purpose, Optelecom Shares shall be valued at the Adjusted Closing Price Per Share.
The Adjusted Closing Price Per Share is $9.489 and the number of Optelecom Shares is 171,252.
The sale price of any share of common stock sold by you shall not be at a price that is ten percent (10%) lower than the average of the Adjusted Closing Price for the ten (10) consecutive trading days immediately preceding the date of the sale(s); provided, however, no share of common stock shall be sold at a price less than one dollar ($1.00).
REGULAR RECORD DATES: 15 calendar days prior to each Coupon Payment Date INITIAL VALUE: Index Stock Initial Value WYE $41.61 18 IGT $22.06 46 EQUITY CAP PRICE PER YEELDS: $115.00 CONVERSION VALUE: For each Index Stock, the Adjusted Closing Price of such Index Stock on the Valuation Date multiplied by its Conversion Ratio.
The liability of Purchaser with respect to any claim by an individual Stockholder shall not exceed the amount of the Stock Portion received by such Stockholder (valued at the lower of the Share Price or the Adjusted Closing Price, as the case may be) pursuant to this Agreement.
More Definitions of Adjusted Closing Price
Adjusted Closing Price means the consecutive five trading day average closing price of one share of X. Xxxxx Financial, Inc. common stock (“Common Stock”), plus the aggregate amount of dividends paid with respect to such share of Common Stock prior to the Vesting Date assuming the dividends had been reinvested in Common Stock as of the ex-dividend date (in each case appropriately adjusted for any stock splits or other corporate transaction affecting shares of Common Stock). The Committee shall have sole authority to determine whether or not the Adjusted Stock Price Hurdle is achieved. All unvested PSUs shall automatically expire and shall not be eligible for vesting after the last day of the Performance Period. Payment: The Company will deliver to the Grantee one Share (or, at the election of the Company, cash equal to the Fair Market Value thereof) for each vested PSU no later than 60 days after the PSU vests, subject to applicable tax withholding (such date the Shares are so delivered, a “Payment Date”). The Grantee may satisfy the minimum statutory tax withholding and employment tax obligations associated with the vesting of the PSUs, by surrendering Shares to the Company (including Shares that would otherwise be issued upon vesting of the PSUs) that have a Fair Market Value equal to such tax withholding and/or employment tax obligations.
Adjusted Closing Price means on any Trading Day during the Valuation Period with respect to the Underlying Security, the sum of its Closing Price on its Exchange and its Dividend Adjustment Amount, in each case as of such Trading Day.
Adjusted Closing Price means, for a given trading day, the Closing Price of the stock of the company being measured on such trading day, as adjusted pursuant to the following sentence. If the company being measured has declared a dividend with respect to which the ex-dividend date is during the Begin Average Period, the amount of such dividend shall be added to the Closing Price for each trading day during the Begin Average Period that is on or after such ex-dividend date Dividends Paid means the sum of all dividends paid by the company being measured during the Performance Period Stock prices and dividends denominated in non-U.S. dollars for any member of the TSR Comparator Group shall be converted to U.S. dollars using the currency exchange rates in effect on each relevant trading day and/or date of dividend payment, as applicable. Such calculation shall also be adjusted as deemed appropriate by the Committee to reflect any stock split, reverse stock split or other similar corporate transaction.
Adjusted Closing Price means (i) if the Actual Closing Price is at least 20% higher than the Signing Price (as defined below), then an amount equal to 120% of the Signing Price; or (ii) if the Actual Closing Price is at least 20% lower than the Signing Price, an amount equal to 80% of the Signing Price; or (iii) if the Actual Closing Price is neither 20% higher than the Signing Price nor 20% lower than the Signing Price, then an amount equal to the Actual Closing Price.
Adjusted Closing Price means the Closing Price plus the aggregate exercise price of the Options (not including any Options which are terminated for no consideration hereunder).
Adjusted Closing Price means, for any security as of any date, the adjusted closing price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York Time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York Time (or such other time as the Principal Market publicly announces is the official close of trading) as reported by Yahoo! Finance.
Adjusted Closing Price means the Closing Price provided that if the Closing Price is less than Cdn. $11.02 the Adjusted Closing Price shall be deemed for purposes of this definition to be Cdn. $11.02 and if the Closing Price is greater than Cdn. $13.46 the Adjusted Closing Price shall be deemed for purposes of this definition to be Cdn. $13.46.