Sentences with phrase «cash option holder»

Not exact matches

Even when it comes to stock options, often the holders must wait a significant time and may well miss the golden opportunity to cash out when the share prices are most robust.

in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted under a stock incentive plan or other equity award plan described in this prospectus or (B) the exercise of warrants outstanding and which are described in this prospectus, or (ii) the transfer of shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that in the case of (ii), any filings under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described in this bullet point;

In the event of a change of control (as defined in the plan), the compensation committee may, in its discretion, provide for any or all of the following actions: (i) awards may be continued, assumed, or substituted with new rights, (ii) awards may be purchased for cash equal to the excess (if any) of the highest price per share of common stock paid in the change in control transaction over the aggregate exercise price of such awards, (iii) outstanding and unexercised stock options and stock appreciation rights may be terminated, prior to the change in control (in which case holders of such unvested awards would be given notice and the opportunity to exercise such awards), or (iv) vesting or lapse of restrictions may be accelerated.

Unless exchanged for new options, each option holder received an amount in cash, without interest and less applicable withholding taxes, equal to $ 24.82 (the fair value of the Predecessor's common stock) less the exercise price of each option.

Though applying and getting approved for Best Credit Cards shows that you already have good credit, these cards contribute greatly to credit improvement as the payments keep getting reported while there is little chances for delinquencies since these cards provide great flexibility and different finance options in case the holder runs momentarily out of cash.

After giving effect to a required adjustment to the conversion price of our 4 % convertible notes resulting from the December 2012 special cash dividend, our 4 % convertible notes are currently convertible at the option of the holder into shares of our common stock at a conversion price of $ 6.76 per share.

This form of exercise is often very convenient because it relieves the option holder of the need to come up with cash to exercise the option.

The difference between this average value and the strike price is paid out to the holder of the option in cash, which is rather unique since it doesn't involve a transaction of the underlying security.

Below, I conservatively assume all outstanding options will be vested / exercised — accordingly, One51 can expect to receive EUR 6.3 million of cash as holders exercise these options.

This is a great option for loan holders looking to cash in on their equity now to pay off debt, finance home improvements, or to navigate through an unforeseen financial emergency.

Because it offers flexibility and a cash value option, guaranteed universal life insurance offers policy holders many possible ways to put the cash value and death benefit to work for them, some of which include:

Although you still need to make the full premium payment, having the ability to tap the cash value provides policy holders with options to cover that amount.

This outcome strongly suggests that, in general, holders of options should cash out once the takeover is announced, before the transactions takes place.

Put option holders would receive cash if the buyout price were below the put strike price.

20 Pro Forma Financial Highlights Sources & Uses Refinance PENN Existing Debt: $ 2.7 billion Pre-spin redemption of Fortress Investment Group Conversion Shares: $ 412 million Pre-spin redemption of other Preferred Equity: $ 253 million (1) Cash portion of the Accumulated E&P Dividend: $ 438 million Transaction Expenses: ~ $ 145 million Total Transaction Debt: $ 3.75 — $ 4.25 billion Key GLPI (REIT) Stats Target Leverage: 5.5 x EBITDA Target Interest Coverage: 3.2 x Target Dividend Payout Ratio: ~ 80 % AFFO less employee option holder dividends Key PNG (OpCo) Stats Target Leverage: 3.0 x EBITDA Implied Adjusted Leverage: 5.6 x EBITDAR Target Rent Coverage: ~ 2.0 x Target Interest Coverage: > 5.0 x Includes $ 22.5 m Preferred Equity redeemed in the first quarter of 2013

MoGo also offers a cash payment membership option which is well used by AccessPass holders.

«-LSB-...] the problem of a SEP holder not making a «true» FRAND offer can be prevented if a potential licensee has the opportunity to have the terms of the cash - only option license assessed by an independent third party (whether a court or arbitrator) without the threat of immediately being excluded from the market.

If the policy holder chooses the increasing death benefit option, the pure insurance component will remain the same over time; so as the policy's cash value increases, the death benefit increases.

There are also more underlying options that are available in terms of allowing a universal policy holder's cash value to grow.

This coverage option provides the policy holder with life insurance protection, along with fixed interest on the cash value portion of the plan.

Voya Variable Universal Life — CV — With this policy, there are 55 + different investment options; allowing the policy holder to build substantial cash value for supplementing retirement income, paying college tuition, paying off debt, or building funds for any other reason that they see fit.

In addition, the policy holder may choose from two different loan options in order to access policy cash.

Insurance companies do offer policy holders the option to «cash - out,» but it is usually 3 - 5 times less money than can be acquired via a settlement.

Life insurance policy holders can select one of four nonforfeiture benefit options: the cash surrender value, extended term insurance, loan value and paid - up insurance.

Death benefit payment is given to dependents of the holder while having cash value options.

Cash value can be made available to the policy holder through loans and other similar options.

Alternatively, in life insurance contracts, an accelerated option can refer to the option that allows the policy holder to apply the accumulated cash value to pay off the policy.