According to a press release issued by the Company on June 5, 2008, beginning in the middle of 2006 through early 2007, MRVC conducted an informal review of its share - based award practices and concluded that there was no evidence that
grant dates of options were designed to occur on dates with more favorable exercise prices (i.e., on dates with lower market prices).
The dates of our valuation reports, which were prepared on a periodic basis, were not contemporaneous with
the grant dates of our unit - based awards.
This page will display
the granted date of the operating authority
Not exact matches
The biggest one to
date for a biosimilar product in the U.S. — the treatments have only been around for a handful
of years in America despite widespread and long - standing availability in Europe and other regions — Renflexis may ultimately not do much to curb health care and patient spending, as the Wall Street Journal «s Charley
Grant points out in an astute note.
He was accused
of intentionally changing the
grant dates for hundreds
of stock option awards without disclosing the move to investors.
Executive compensation figures are also disclosed in the filing, including CEO Dick Costolo, who had a base salary
of $ 200,000 last year, with $ 8.4 million in restricted stock and options with a
grant -
date value
of $ 2.9 million.
Finally, this document extends for 60 days the applicability
dates of amendments to other previously
granted exemptions.
At Mr. Cook's request, the 2011 RSU Award was modified in 2013 to put more than $ 123 million
of the original
grant date fair value
of the award at risk, based on Apple's Relative TSR performance.
This number is calculated using the share counting rules described in Sections 5 (a) and 5 (b)
of the 2014 Plan and includes the number
of shares available for new award
grants under the 2014 Plan out
of the 385 million shares authorized by shareholders upon adoption
of the 2014 Plan; the number
of shares available for new award
grants under the 2003 Employee Stock Plan (the «2003 Plan») on the
date that shareholders approved the 2014 Plan; the number
of shares subject to outstanding stock options under the 2003 Plan and 2014 Plan as
of November 17, 2015; and two times the number
of shares subject to outstanding RSUs under the 2003 Plan and 2014 Plan as
of November 17, 2015 (all adjusted for the 7 - for - 1 stock split).
The term
of a stock appreciation right shall not exceed seven years from the
date of grant.
The fair value
of options with service conditions was determined at the
date of grant using the Black - Scholes model.
The Department's decision to delay the applicability
date of the Fiduciary Rule for 60 days and make the Impartial Conduct Standards in the new PTEs and amendments to previously
granted PTEs applicable on June 9, 2017, is expected to produce benefits that justify associated costs.
In addition, the Department has delayed the applicability
of the amendments to PTE 84 - 24 until January 1, 2018, except that the Impartial Conduct Standards will become applicable on June 9, 2017, and the Department has extended for 60 days the applicability
dates of the 2016 amendments to other previously
granted exemptions.
In addition, the Department also delays the applicability
of amendments to PTE 84 - 24 until January 1, 2018, except that the Impartial Conduct Standards will become applicable on June 9, 2017, and extends the applicability
dates of the amendments to other previously
granted PTEs for 60 days until June 9, 2017.
When shares
of Capital Stock are to be issued upon the exercise,
grant or vesting
of an Incentive Award, Google shall have the authority to withhold a number
of such shares having a Fair Market Value at the
date of the applicable taxable event determined by the Committee to be sufficient to satisfy the minimum federal, state and local withholding tax requirements, if any, attributable to such exercise,
grant or vesting but not greater than the minimum withholding obligations, as determined by Google in its sole discretion.
Finally, this document extends the applicability
dates of amendments to other previously
granted exemptions to June 9, 2017.
A participant who is
granted an ISO does not recognize taxable income at the time the ISO is
granted or upon its exercise, but the excess
of the aggregate fair market value
of the shares acquired on the exercise
date (ISO shares) over the aggregate exercise price paid by the participant is included in the participant's income for alternative minimum tax purposes.
The number
of RSUs subject to each Initial RSU Award is determined in the same manner as described above for Annual Director Awards, but the
grant date value
of the award is pro-rated based on the portion
of the year that has passed since the last annual meeting.
Notwithstanding the foregoing, Stock Appreciation Rights may be
granted with a per Share exercise price
of less than one hundred percent (100 %)
of the Fair Market Value per Share on the
date of grant pursuant to a transaction described in, and in a manner consistent with, Section 424 (a)
of the Code.
granted any options since August 2008, we performed a contemporaneous valuation
of our common stock as
of December 24, 2008 and determined the fair value to be $ 2.32 per share as
of such
date.
11 Congress
granted this authority to the Federal Reserve in the Financial Services Regulatory Relief Act
of 2006, with an October 2011 effective
date, but accelerated its implementation to October 2008 as part
of the legislative response to the financial crisis.
During fiscal 2018, each non-employee director received a quarterly
grant of fully - vested shares
of our common stock for service during the respective preceding quarter with a dollar value intended to approximate $ 125,000 based on the average recent trading price over a period
of time before the
grant date.
This column reflects the aggregate
grant date fair value computed in accordance with ASC Topic 718
of the options to purchase shares
of our common stock
granted to the named executive officers.
The Japan Times wrote that the exchange's initial decision to list these coins had been one
of several reasons that the FSA had not yet
granted it official approval, signaling that the agency's apprehensions around privacy coins
date back to March, if not earlier.
A stock appreciation right gives a participant the right to receive the appreciation in the fair market value
of Company Common Stock between the
date of grant of the award and the
date of its exercise.
The Compensation Committee believes that options to purchase shares
of our common stock, with an exercise price equal to the market price
of our common stock on the
date of grant, are inherently performance - based and are a very effective tool to motivate our executives to build stockholder value and reinforce our position as a growth company.
Each automatic triennial stock option
grant and each stock option
grant for service as lead independent director, member
of a Board committee or chair
of a Board committee, in each case as described above, will vest 1/36 per month for three years starting on the one month anniversary
of the vesting commencement
date, subject to continued service in the capacity for which such
grant was made (except that if a director who was
granted such an option ceases to be a director on the day before an annual meeting that is held earlier than the anniversary
date of the vesting commencement
date for that calendar year, vesting will accelerate with respect to the shares that would have vested if such director continued service through such anniversary
date).
The exercise price per share
of each stock appreciation right may not be less than the fair market value
of a Share on the
date of grant, except in certain situations in which we are assuming or replacing stock appreciation rights
granted by another company that we are acquiring.
The term
of a stock appreciation right must be no more than seven years from the
date of grant.
For purposes
of the table in «Executive Compensation — Summary Compensation Table» below, we are required to report pursuant to applicable SEC rules any stock option
grants to Mr. Musk at values determined as
of their respective
grant dates and which are driven by certain assumptions prescribed by Financial Accounting Board Accounting Standards Codification Topic 718, «Compensation — Stock Compensation» («ASC Topic 718»).
Stock appreciation rights may be exercised during a period
of time
of up to ten years after the
grant date, as fixed by the Committee.
These awards have restrictions that lapse as to one - half
of the number
of units on the first and second anniversaries
of the
date of grant.
Subject to the provisions
of our 2015 Plan, the administrator will determine the other terms
of stock appreciation rights, including when such rights become exercisable and whether to pay any amount
of appreciation in cash, shares
of our Class A common stock, or a combination thereof, except that the per share exercise price for the shares to be issued pursuant to the exercise
of a stock appreciation right must be no less than 100 %
of the fair market value per share on the
date of grant.
Each initial
grant, annual
grant, and lead independent director
grant will be
granted under our 2015 Plan and vest upon the earlier
of the next annual meeting
of our stockholders following the
grant date or the one - year anniversary
of the
grant date, subject to the non-employee director's continued service with us through such
date.
The term
of an incentive stock option may not exceed ten years, except that with respect to any participant who owns more than 10 %
of the voting power
of all classes
of our outstanding stock, the term must not exceed five years and the exercise price must equal at least 110 %
of the fair market value on the
grant date subject to the provisions
of our 2015 Plan.
To
date, only a handful
of BitLicenses have been
granted by the state.
This
grants the apps access to select Facebook data, which helps to speed up the process
of creating
dating profiles.
If the shares acquired upon exercise are disposed
of more than two years after the
date of grant and one year after the
date of transfer
of the shares to the participant (statutory holding periods), any sale proceeds that exceed the total exercise price
of these shares will be long - term capital gain.
The Company recognizes compensation expense equal to the
grant date fair value
of the common stock on a straight - line basis over the period during which the employee is required to perform service in exchange for the award.
If you are the stockholder
of record, you may change your vote by
granting a new proxy bearing a later
date (which automatically revokes the earlier proxy), by providing a written notice
of revocation to the Corporate Secretary at the address below in Question 30 prior to your shares being voted, or by attending the annual meeting and voting in person.
The Committee may
grant dividend equivalents to any Participant based on the dividends declared on shares
of Common Stock that are subject to any Incentive Award during the period between the
date the Incentive Award is
granted and the
date the Incentive Award is exercised, vests, pays out, or expires.
In fiscal 2015, Mr. Bray also received a
grant of 651 restricted stock units with a value
of approximately $ 50,000 at the
date of grant.
In fiscal 2015, Ms. Bray also received a
grant of 456 restricted stock units having a value
of approximately $ 35,000 at the
date of grant.
Prior to assuming his current role, Mr. Foran received a $ 750,000 special restricted stock unit award in May 2014, vesting on the second anniversary
of the
grant date.
In fiscal 2015, Ms. Salmon also received a
grant of 326 restricted stock units having a value
of approximately $ 25,000 at the
date of grant.
Gain realized on the sale
of an incentive stock option is taxable at capital gains rates, unless participant disposes
of the shares within (1) two years after the
date of grant of the option
of (2) within one year
of the
date the shares were transferred to such participant.
If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment
of his earned but unpaid annual base salary through the termination
date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution
of a valid general release and waiver
of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half
of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination
date and the remaining one - half
of such payment to be paid in six equal monthly installments commencing on the first business day
of the seventh calendar month following the termination
date, (b) a payment equal to the product
of (x) the last annual cash incentive award Mr. Drexler received prior to the termination
date and (y) a fraction, the numerator
of which is the number
of days
of service completed by Mr. Drexler in the year
of termination and the denominator
of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination
date, and (c) the immediate vesting
of such portion
of unvested restricted shares and stock options as provided and pursuant to the terms
of the relevant
grant agreements under our 2003 Equity Incentive Plan.
Each stock option gives the recipient the right to receive a number
of Shares upon exercise
of the stock option and payment
of the stock option exercise price, which other than for incentive stock options, shall be the fair market value
of a Share on the option
grant date.
If a participant disposes
of such shares within one year after the
date of exercise and two years after the
date of grant (the «ISO Holding Period»)(such disposition, a «Disqualifying Disposition»), any gain on such Disqualifying Disposition, up to the amount
of the spread on exercise, will be ordinary income, with the balance being capital gain.
Pursuant to the policy, as revised in February 2009, at each annual meeting
of our stockholders, provided that the director has served on the Board for at least six months prior to the annual meeting, a non-employee director would be
granted RSUs having a value equal to $ 225,000 divided by the lesser
of (i) the trailing average closing trading prices
of our common stock for the 180 - day period preceding and ending with the
date of the RSU
grant or (ii) such number
of RSUs as the Board may determine based on additional criteria such as business conditions and / or company performance, outside director compensation practices at peer companies and advice from outside compensation consultants.