Examples of Company DSUs in a sentence
For the remainder of their compensation, the directors are given the choice of cash, common shares of the Company, DSUs or a combination of the three.
From the close of business on the Capitalization Date through the date hereof, there have been no issuances of shares of Company Stock or Company Preferred Stock other than issuances of shares of Company Stock pursuant to the exercise or settlement of Company Stock Options, Company RSUs, Company OPP PSUs, Company PSUs or Company DSUs outstanding as of the Capitalization Date.
During January 2020, 103,000 Company DSUs were converted into 103,000 Company common shares and the common shares are held in treasury pending payment of taxes by the DSU holders following the Company’s DSU plan.
The Company paid all outstanding DSUs immediately prior to the closing of the Arrangement and all Company DSUs, DSU plan, and DSU provisions within compensation agreements were terminated and cancelled.
Since the close of business on the Capitalization Date, no Company Stock Options, Company RSUs, Company OPP PSUs, Company PSUs and Company DSUs have been issued, made or granted.