End Price means, with respect to each Vesting Date, the average closing trading price of the Company’s Shares on the New York Stock Exchange over the 60 calendar day period ending on such Vesting Date; provided, however, that with respect to any Vesting Date occurring on or after the date of a Change in Control, the End Price shall equal the price per Share paid to the holders thereof in accordance with the definitive agreement governing the transaction constituting the Change in Control (or, in the absence of such agreement, the closing price per Share for the last trading day prior to the consummation of the Change in Control).
End Price with respect to a company means the average closing price of a share of common stock of such company as reported by such company’s primary national securities market or exchange at the end of each trading day during the last 60 calendar days of the Performance Period.
End Price with respect to a Share or a Peer Share means the average of the closing price of such Share or Peer Share on each of the [·] trading days ending with the End Date on the applicable Principal Exchange; provided that, if such Principal Exchange is a non-U.S. stock market or exchange, each such closing price shall be converted to U.S. dollars at the applicable spot exchange rate as of such trading day; provided further that the Committee shall adjust equitably the End Price with respect to such Share or Peer Share, as calculated in accordance with the preceding clause, to reflect any corporate transaction or event set forth in Section 5(c) of the Plan that affects such Share or Peer Share if such adjustment is appropriate to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under this Award.
Examples of End Price in a sentence
If the End Price is between the Start Price adjusted upwards by 6 percent yearly and the share price that triggers maximum allotment, the participants will receive a linear allotment of warrants.
For purposes of determining the value of the time-based stock awards, we have assumed that the Fiscal Year End Price remains constant through each applicable vesting date.
The value of performance-based stock awards that accelerate was calculated using the Fiscal Year End Price.
To determine the value of performance-based stock awards in scenarios where such awards will continue to vest, we have assumed that the Fiscal Year End Price remains constant through each applicable vesting date.
PSUs with respect to 300% of the target number of Shares shall vest if the End Price is at least 158% higher than the Beginning Price.
More Definitions of End Price
End Price means the average of the closing sales prices of Shares during the ten consecutive trading days ending on the applicable date, as reported on the exchange on which Shares are then traded (or, if Shares are not traded on a national securities exchange, as determined by the Company’s Board of Directors or its Compensation Committee (together, the “Board”)), except that the End Price on the Change in Control Date will be the closing sales price of Shares on the Change in Control Date (or, if applicable, the value received by holders of Shares in connection with the Change in Control), and in any event, plus the value derived from (x) the assumed reinvestment of dividends, if any, paid on the Company’s common stock from the Grant Date through the applicable End Date, with reinvestment determined as of and based on the closing price of the common stock on the dividend payment date and (y) the assumed reinvestment of proceeds from Share repurchases effected by the Company, if any, from the Grant Date through
End Price with respect to a Share or a Peer Share means the average of the closing price of such Share or Peer Share on the applicable Principal Exchange on each trading day in December [●]1 assuming dividends distributed during the period beginning December 1, [●]4 were reinvested in additional shares of the issuing company’s stock on the ex-dividend date. The Committee shall adjust equitably the End Price with respect to a Share or Peer Share, as calculated in accordance with the preceding sentence, to reflect any corporate transaction or event set forth in Section 4(b) of the Plan that affects such Share or Peer Share if such adjustment is appropriate to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under this Award.
End Price with respect to a company means the average closing price of a share of common stock of such company as reported by such company's primary national securities market or exchange at the end of each trading day during the last 60 calendar days of the Performance Period.
End Price means the average of the Fair Market Value of a share of Common Stock on each of the 30 trading days ending with the Measurement Date or, if the Measurement Date is not a trading day, the last trading day preceding the Measurement Date.
End Price with respect to a Share or a Peer Share means the average of the closing price of such Share or Peer Share on the applicable Principal Exchange on each trading day in 1 Insert the last year of the Performance Period December [●]2 assuming dividends distributed during the period beginning December 1, [●]3 were reinvested in additional shares of the issuing company’s stock on the ex-dividend date. The Committee shall adjust equitably the End Price with respect to a Share or Peer Share, as calculated in accordance with the preceding sentence, to reflect any corporate transaction or event set forth in Section 4(b) of the Plan that affects such Share or Peer Share if such adjustment is appropriate to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under this Award.
End Price means the 90-day volume weighted average share price of the Common Stock as of May 15, 2023; provided, however, that if Xxxxxxx (as defined below) or any other stockholder (or affiliates of any such stockholder) of the Company having the right to designate members to the Company’s Board of Directors sells shares of Common Stock or announces plans to sell shares of Common Stock during the period from September 22, 2022 through March 31, 2023, then the “End Price” shall be the greater of (a) the closing price of the Common Stock on March 31, 2023 and (b) the quotient of (i) the Company’s trailing twelve (12) months Adjusted EBITDA as of March 31, 2023 multiplied by eight (8), less the Company’s indebtedness as of March 31, 2023 and net of cash and long-term capital leases as of March 31, 2023, divided by (ii) the number of outstanding shares of Common Stock on March 31, 2023. 4.
End Price with respect to a Share or a Peer Share means the average of the closing price of such Share or Peer Share on the applicable Principal Exchange on each trading 1 Insert the last year of the Performance Period.