SAR Shares definition

SAR Shares means the shares of Common Stock that may be issued in connection with the Company’s payment upon the exercise of a Stock Appreciation Right.
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SAR Shares means the Shares that are subject to the SAR.
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SAR Shares means the shares of Stock issued upon exercise of the SAR.
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Examples of SAR Shares in a sentence

  • Such notice of exercise shall specify the number of SAR Shares to be exercised.

  • To exercise the SARs, the person entitled to exercise the SARs must provide a signed written notice or the equivalent to the Company or its designee, as prescribed in the administrative procedures of the Plan, stating the number of SAR Shares with respect to which the SARs are being exercised.

  • In accordance with the terms of the Plan, the Company may limit or suspend the exercisability of the SARs or the purchase or issuance of SAR Shares thereunder under certain circumstances.

  • The Grantee shall have no voting or other rights as a stockholder of the Company with respect to any SAR Shares until the exercise of the SAR and the issuance of a certificate or certificates to him for Net SAR Shares.

  • Employee shall have no rights as a shareholder with respect to any SAR Shares covered by the SARs granted hereby until the date of acquisition by Employee of such SAR Shares.

  • Upon a partial exercise of this SAR, the number of SAR Shares available for future exercise shall be reduced by the portion of the SAR so exercised.

  • Whenever the Net SAR Shares are to be issued pursuant to the exercise of the SAR, the Company may require the recipient of the Net SAR Shares to remit to the Company an amount sufficient to satisfy the employer’s minimum statutory U.S. federal, state and local and non-U.S. tax withholding requirements.

  • No fractional share of Common Stock shall be issued to make any payment with respect to the SAR; if any fractional share would be issuable, the number of Net SAR Shares payable to the Grantee shall be rounded down to the next whole share (no payment of cash, shares or other consideration shall be made with respect to any fractional share).

  • The SAR Shares may not be exercised during the one-year period following the Grant Date (the “waiting period”).

  • Subject to the satisfaction in full of any conditions, restrictions or limitations imposed in accordance with the Plan or any Stock Appreciation Right Agreement, a Stock Appreciation Right shall entitle the Recipient to surrender to the Company the Stock Appreciation Right in exchange for SAR Shares, cash or a combination thereof as herein provided, in the amount described in Section 9(c)(ii) hereof.


More Definitions of SAR Shares

SAR Shares means the number of shares of JJMA Common Stock with respect to which appreciation rights of the Vested SARs are determined.
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SAR Shares means the number of shares of Company Common Stock which would be deliverable upon exercise of In-the-Money SARs issued and outstanding immediately prior to the Effective Time.
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SAR Shares means the number of Shares upon which a SAR is based;
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SAR Shares means the shares of Common Stock deliverable upon exercise of one or more SARs, as adjusted from time to time.
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SAR Shares has the meaning set forth in the recitals.
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Related to SAR Shares

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

  • Shares means the interests of Shareholders corresponding to the redeemable securities of record issued by the Fund under the Investment Company Act of 1940 that are held by the Intermediary.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Plan Shares means the total number of Common Shares which may be reserved for issuance as Optioned Shares under the Plan as provided in §2.2;

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • RSU Shares means shares of Common Stock that underlie an RSU.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Unit Shares means the Common Shares comprising part of the Units;

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Common Shares means the common shares in the capital of the Company;

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Optioned Stock means the Common Stock subject to an Option.

  • Ordinary Shares Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Ordinary Shares, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Ordinary Shares.

  • Stock Right means an Award under Article VI of the Plan. A Stock Right may be either a Stock Appreciation Right or a Limited Stock Appreciation Right.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Awarded Stock means the Common Stock subject to an Award.

  • Restricted Share Award means an award of Restricted Shares.

  • Phantom Shares means an Award of the right to receive Shares issued at the end of a Restricted Period which is granted pursuant to Section 6(e) of the Plan.

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • Bonus Shares means Shares that are awarded to a Grantee without cost and without restrictions in recognition of past performance (whether determined by reference to another employee benefit plan of the Company or otherwise) or as an incentive to become an employee of the Company or a Subsidiary.