Parent Average Closing Price definition

Parent Average Closing Price means the average of the closing sale price of a share of Parent Common Stock as reported on the Nasdaq National Market for the ten trading days ending on the second trading day immediately preceding the Closing Date (rounded to the nearest hundredth).
Parent Average Closing Price means the average of the daily last sale prices of Parent Common Stock as reported on the NYSE, as reported by the NYSE Composite Transactions Reporting System (as reported in the New York City edition of The Wall Street Journal or, if not reported therein, another authoritative source mutually agreed to by Parent and the Company), for each of the fifteen full consecutive NYSE trading days ending at the close of trading on the Determination Date.
Parent Average Closing Price means the average closing sale price for a share of Parent Common Stock, rounded to the nearest one-tenth of a cent, as reported on Nasdaq for the ten most recent trading days ending on the last trading day immediately prior to the Effective Time.

Examples of Parent Average Closing Price in a sentence

  • Parent shall deduct from the number of shares of Parent Common Stock issued to such participant a number of shares of Parent Common Stock calculated by dividing (i) the amount of any Taxes required under Applicable Laws to be withheld by the Company by (ii) the Parent Average Closing Price, and shares so withheld shall be deemed to satisfy in full such participant’s withholding obligations with respect to the delivery to such participant such shares of Parent Common Stock.


More Definitions of Parent Average Closing Price

Parent Average Closing Price means the volume weighted average price of shares of Parent Common Stock quoted on NASDAQ for the Determination Period.
Parent Average Closing Price means the average daily closing price of Parent Common Stock on Nasdaq during the Determination Period.
Parent Average Closing Price means an amount equal to the average of the volume weighted average price per Parent Common Share on the NASDAQ (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source mutually selected by Parent and the Company) on each of the five (5) consecutive trading days ending with the complete trading day immediately prior to the Closing Date.
Parent Average Closing Price means the average closing price of a share of Parent Common Stock reported on the Nasdaq Capital Market for the fifteen-day trading period in which the last day will be the third trading day prior to the Closing Date. For example, if the Closing Date were Monday, September 12, 2011, the third trading day prior to the Closing Date would be Wednesday, September 7, 2011 and the fifteen-day trading period would commence on Wednesday, August 17, 2011.
Parent Average Closing Price means the average closing price per share of the Parent Common Stock on the New York Stock Exchange, Inc. (the "NYSE") for the Random Trading Days and "Random Trading Days" means the ten trading days selected by lot out of the twenty trading days ending on and including the fifth trading day preceding the date of the Company Stockholders Meeting (with the Random Trading Days selected by lot by Parent and Company at 5:00 p.m. New York time on the fifth trading day prior to the date of the Company Stockholders Meeting).
Parent Average Closing Price means $24.83.
Parent Average Closing Price means the 20-day volume weighted average closing price of a share of ParentCommon Stock as quoted on Nasdaq as of the Determination Date. “Parent Board” means the board of directors of Parent. “Parent Bylaws” means the bylaws of Parent, as amended.