Closing Market Value definition

Closing Market Value means the average of the last sale prices for a share of Parent Common Stock as quoted on the Nasdaq National Market (as reported in The Wall Street Journal) for the first five full trading days immediately following the Effective Time. The adjustments provided herein with respect to any options which are "incentive stock options" (as defined in Section 422 of the Code) shall be effected in a manner consistent with Section 424(a) of the Code or which are options granted under an employee stock purchase plan (as defined in Section 423 of the Code).

Closing Market Value on any date means the closing sales price, on such date, of shares of Common Stock on the principal securities exchange on which such shares are traded.

Closing Market Value means the average closing price of FTI Common Stock as reported by the principal exchange or market on which FTI Common Stock is traded for the five trading days immediately preceding the Closing Date.

Examples of Closing Market Value in a sentence

• As of any date on which the balance of an Account containing Stock Units must be determined as a dollar amount under this Plan, that balance shall be equal to the number of Stock Units in the Account, multiplied by the Closing Market Value of one share of Common Stock as of that date.

• If any Stock Units exist in a Participant's Account on a dividend record date for Common Stock, that Account shall be credited, on the dividend payment date related to such dividend record date, with an additional number of Stock Units equal to (i) the cash dividend paid on one share of Common Stock, multiplied by (ii) the number of Stock Units in the Account on the dividend record date, and divided by (iii) the Closing Market Value of a share of Common Stock on the dividend payment date.

• For purposes of this Plan, "Closing Market Value" shall be defined as the closing price of a share of Common Stock, as reported for the relevant valuation date on the NASDAQ National Market (or, if that price is no longer reported on such market, as reported on the principal exchange upon which the Common Stock is then traded).

• For the purpose of compensating Parent for its Damages pursuant to this Agreement, the Parent Common Stock in the Escrow Fund shall be valued at the Closing Market Value (the "Escrow Value").

• If any Stock Units exist in an Participant’s Account on a dividend record date for Common Stock, that Account shall be credited, on the dividend payment date related to such dividend record date, with an additional number of Stock Units equal to (i) the cash dividend paid on one share of Common Stock, multiplied by (ii) the number of Stock Units in the Account on the dividend record date, and divided by (iii) the Closing Market Value of a share of Common Stock on the dividend payment date.

More Definitions of Closing Market Value

Closing Market Value means the average value of the MSCI US REIT Index (RMS) over the thirty consecutive trading days that include and immediately precede the last day of the Performance Period.

Closing Market Value means the average closing price of Medirisk Common Stock on the Nasdaq National Market over the twenty (20) trading days immediately preceding the Closing Date (as defined in Section 7.1 hereof).

Closing Market Value means the market value of the Company on the date of any Negotiated Restructuring Transaction, which determination shall be made by the Committee, taking into account the total consideration paid or transferred in connection with the closing of a Negotiated Restructuring Transaction.

Closing Market Value has the meaning set forth in Section 1.6(a)(ii).

Closing Market Value means the closing price per share of a share of the Common Stock on the applicable day as reported by NASDAQ or such other national stock exchange or quotation system on which such Shares may be traded for the specified day, and (ii) the “Performance Period” means the period beginning on the Grant Date and ending on the day prior to the fifth (5th) anniversary of the Grant Date. The performance-based vesting requirements of the Options shall be appropriately and equitably adjusted in the event of a stock dividend, extraordinary cash dividend, stock split, recapitalization or other change in the number or class of issued and outstanding equity securities of Repay resulting from a subdivision or consolidation of the Common Stock and/or, if appropriate, other outstanding equity securities or a recapitalization or other capital adjustment (not including the issuance of Common Stock on the conversion of other securities of Repay that are convertible into Common Stock) affecting the Common Stock which is effected without receipt of consideration by Repay.

Closing Market Value means the last sales price for the Norton Common Stock on the principal securities exchange on which the Norton Common Stock are listed or admitted to trading, or, if not so listed or admitted to trading on any securities exchange, the last sales price for the Norton Common Stock on the Nasdaq National Market, in any case, on the Closing Date.

Closing Market Value means the average of the closing bid price of the Parent Stock as reported on the Nasdaq Stock Market for the ten-day trading period ending two days prior to the Closing Date.