The agreed upon use of income dividends or capital gains distributions for the purchase
of additional shares in a fund or company.
State share sales expected this year include those of power generation company EVN Genco 3, estimated to be worth about $ 2.2 billion in local media reports, and the divestment
of additional shares in $ 9.6 billion Airports Corporation of Vietnam, currently 95 percent owned by the government.
Not exact matches
On the other end
of the spectrum, Apple Inc
shares rose 4.4 percent after the company late Tuesday posted resilient iPhone sales
in the face
of waning global demand and promised $ 100 billion
in additional stock buybacks.
Michael Brand, CEO
of Dor, a foot traffic analytics provider,
shares, «Foot traffic is a vital layer
of information for a retailer to optimize how they staff their store, measure marketing effectiveness and calculate their
in - store conversion rate, illuminating
additional insights into sales trends that would have otherwise gone unnoticed.»
The tech company has also returned an
additional $ 151 billion to shareholders since its fiscal year 2013
in the form
of share buybacks — a move that has reduced
share count and boosted earnings per
share by about 21 %
in the past four years, according to Silverblatt.
In 1995, Ralph Gregory took the concept of the hosted business centre — where you lease an office or room but share reception, office machines and additional amenities with others — a step further when he founded Intelligent Office in Boulder, Colo
In 1995, Ralph Gregory took the concept
of the hosted business centre — where you lease an office or room but
share reception, office machines and
additional amenities with others — a step further when he founded Intelligent Office
in Boulder, Colo
in Boulder, Colo..
The split will come
in the form
of a dividend
of six
additional shares for each outstanding
share, Netflix said.
Pursuant to the offering, Centene granted the underwriters an option to purchase from the Company up to an
additional $ 260 million
in shares of common stock.
Shares of Shake Shack more than doubled on the first day
of trading Friday, as investors feasted on a chance to get a piece
of the New York burger chain before it opens hundreds
of additional restaurants
in the U.S.
Charoen gained the upper hand when he amassed a stake
of more than 40 percent
in F&N by purchasing an
additional 90.8 million
shares, or a 6.3 percent stake
in F&N, at S$ 9.55 each on Friday and another 2.2 million
shares on Saturday.
«You need someone who has a passion for your brand, understands... the local market, has experience
in the [industry], has capital needed to grow and ideally has
additional businesses where he or she can leverage
shared resources,» said Jim Rogers, chief marketing officer
of Tony Roma's restaurant franchise.
As
of September 26, 2015, an
additional 179,211
shares of Apple's common stock were subject to outstanding stock options assumed
in connection with acquisitions
of other companies (with a weighted - average exercise price
of $ 6.17 per
share).
Sears Holdings has lost more than $ 8 billion
in the last five and a half years, and this summer, Lampert had to step up to provide an
additional $ 300 million
in debt financing for Sears, half
of whose
shares he controls.
The second rule
of thumb relates to our current fuel derivative portfolio where a 10 % reduction
in the price
of Brent for the remaining half
of 2012 would result
in an
additional $ 0.04
of realized losses on fuel derivatives that would offset the $ 0.13 per
share favorable impact from the reduced price
of fuel.
Additionally, at least 10
of the states with
shared renewables legislation include provisions to allow for
additional renewable energy technologies, such as wind, biomass or geothermal,
in programs.
The Reporting Persons may, from time to time and at any time: (i) acquire
additional Shares and / or other equity, debt, notes, instruments or other securities (collectively, «Securities»)
of the Issuer (or its affiliates)
in the open market or otherwise; (ii) dispose
of any or all
of their Securities
in the open market or otherwise; or (iii) engage
in any hedging or similar transactions with respect to the Securities.
Additional information about the LTICP and other plans pursuant to which awards
in the form
of shares of the Company's common stock may be made to directors and employees
in exchange for goods or services is provided under «Equity Compensation Plan Information.»
In the event the Company issues shares of additional stock, subject to customary exceptions, after the preferred stock original issue date without consideration or for a consideration per share less than the initial conversion price in effect immediately prior to such issuance, then and in each such event the conversion price shall be reduced to a price equal to such conversion price multiplied by the following fractio
In the event the Company issues
shares of additional stock, subject to customary exceptions, after the preferred stock original issue date without consideration or for a consideration per
share less than the initial conversion price
in effect immediately prior to such issuance, then and in each such event the conversion price shall be reduced to a price equal to such conversion price multiplied by the following fractio
in effect immediately prior to such issuance, then and
in each such event the conversion price shall be reduced to a price equal to such conversion price multiplied by the following fractio
in each such event the conversion price shall be reduced to a price equal to such conversion price multiplied by the following fraction:
Separately, Bill Gross, manager
of the world's largest mutual fund, said
in a Twitter posting that Icahn should stop pushing Apple for
additional share repurchases and do more for charitable causes.
Additional information about the LTICP and other plans pursuant to which awards
in the form
of shares of our common stock may be made to directors and employees
in exchange for goods or services is provided under «Equity Compensation Plan Information.»
creation
of additional shares of Series C convertible preferred stock; or (iii) effect a change
of control, liquidation, dissolution, or winding up
of the Company
in which the holders
of Series C convertible preferred stock would receive an amount per
share less than the original issue price plus any declared but unpaid dividends on such
shares of Series C convertible preferred stock.
Because the restricted
shares are accounted for as options, the Notes are not recorded
in the accompanying consolidated balance sheets, the
shares are excluded
in the totals for common stock outstanding as
of April 30, 2012 and 2013 and December 31, 2013, and compensation cost is recognized over the requisite service period with an offsetting credit to
additional paid -
in capital.
All told, Retrophin paid $ 2,284,511
in cash, is owed over $ 200,000
in interest, issued 11,000
shares, forfeited 127,128 Fearnow Shares, and lost the opportunity to recover an additional 47,610 Retrophin shares, to settle the claims of these six disgruntled MSMB inve
shares, forfeited 127,128 Fearnow
Shares, and lost the opportunity to recover an additional 47,610 Retrophin shares, to settle the claims of these six disgruntled MSMB inve
Shares, and lost the opportunity to recover an
additional 47,610 Retrophin
shares, to settle the claims of these six disgruntled MSMB inve
shares, to settle the claims
of these six disgruntled MSMB investors.
As a result
of these agreements, Retrophin paid out $ 2.8 million
in cash and issued 11,000 Retrophin
shares, and Shkreli diverted an
additional 47,610 Retrophin
shares for the benefit
of himself and his MSMB Funds, resulting
in a benefit to him and to them
of more than $ 4.5 million (at current market prices).1
Cisco said this month that
in response to the tax package, it would bring back to the United States $ 67 billion
of overseas cash, using $ 25 billion to finance
additional share repurchases.
In connection with the acquisition
of XA Secure, the Company also issued 265,012
shares of restricted stock, issued 318,966 options to purchase the Company's common stock and may be required to pay an
additional $ 3.92 million to certain key employee - shareholders
of XA Secure.
(d) by causing Retrophin to pay cash to himself, Biestek, and Fernandez so that he would not have to invest $ 731,778
of his own funds
in the February PIPE, and by using PIPE proceeds
in contravention
of the terms
of the Securities Purchase Agreement to fund investments by Shkreli, Biestek and Fernandez, resulting
in an
additional benefit to Shkreli alone
of $ 360,000
in cash and 180,000 Retrophin
shares and warrants worth more than $ 5.3 million (at current market prices).
(a)
Share of total Australian dollar assets (per cent), subcomponents are the share of liquid assets (b) While deposits with other banks are a store of liquidity, they do not contribute to the stock of liquidity held by the banking system as a whole, since the recipient banks will, in turn, need to hold additional liquidity against these deposits; consequently, they are excluded from this table (c) Includes Commonwealth Government Securities and securities issued by the states and territories (d) Includes notes and coins, Australian dollar debt issued by non-residents and securitised assets (excluding self - securitised as
Share of total Australian dollar assets (per cent), subcomponents are the
share of liquid assets (b) While deposits with other banks are a store of liquidity, they do not contribute to the stock of liquidity held by the banking system as a whole, since the recipient banks will, in turn, need to hold additional liquidity against these deposits; consequently, they are excluded from this table (c) Includes Commonwealth Government Securities and securities issued by the states and territories (d) Includes notes and coins, Australian dollar debt issued by non-residents and securitised assets (excluding self - securitised as
share of liquid assets (b) While deposits with other banks are a store
of liquidity, they do not contribute to the stock
of liquidity held by the banking system as a whole, since the recipient banks will,
in turn, need to hold
additional liquidity against these deposits; consequently, they are excluded from this table (c) Includes Commonwealth Government Securities and securities issued by the states and territories (d) Includes notes and coins, Australian dollar debt issued by non-residents and securitised assets (excluding self - securitised assets)
In the United States last year, close to 20 percent of private - sector employees owned stock, and 7 percent held stock options, in the companies where they worked, while about one - third participated in some kind of cash profit - sharing and one - fourth in gain - sharing (when workers get additional compensation based on improvement on a metric other than profits, like sales or customer satisfaction
In the United States last year, close to 20 percent
of private - sector employees owned stock, and 7 percent held stock options,
in the companies where they worked, while about one - third participated in some kind of cash profit - sharing and one - fourth in gain - sharing (when workers get additional compensation based on improvement on a metric other than profits, like sales or customer satisfaction
in the companies where they worked, while about one - third participated
in some kind of cash profit - sharing and one - fourth in gain - sharing (when workers get additional compensation based on improvement on a metric other than profits, like sales or customer satisfaction
in some kind
of cash profit -
sharing and one - fourth
in gain - sharing (when workers get additional compensation based on improvement on a metric other than profits, like sales or customer satisfaction
in gain -
sharing (when workers get
additional compensation based on improvement on a metric other than profits, like sales or customer satisfaction).
In addition, the HRC has expanded the use of long - term Performance Share awards to a broader group of management and has added for 2012 an additional risk - balancing performance measure to reduce the awards in the event of poor absolute financial performanc
In addition, the HRC has expanded the use
of long - term Performance
Share awards to a broader group
of management and has added for 2012 an
additional risk - balancing performance measure to reduce the awards
in the event of poor absolute financial performanc
in the event
of poor absolute financial performance.
Fiat Chrysler Automobiles and Ferrari,
in which Exor has large stakes, both have versions
of loyalty structures, under which investors who hold
shares for a certain period and register them receive
additional special
shares giving them
additional voting rights.
These investors require
additional upside potential as well as downside protection from the rights
of the preferred
shares in exchange for the high degree
of investment risk.
on a pro forma basis, giving effect to (i) the automatic conversion
of all
of our outstanding
shares of convertible preferred stock other than Series FP preferred stock into
shares of Class B common stock and the conversion
of Series FP preferred stock into
shares of Class C common stock
in connection with our initial public offering, (ii) stock - based compensation expense
of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as
of December 31, 2016 and which we will recognize on the effectiveness
of our registration statement
in connection with a qualifying initial public offering, as further described
in Note 1 to our consolidated financial statements included elsewhere
in this prospectus, (iii) the increase
in accrued expenses and other current liabilities and an equivalent decrease
in additional paid -
in capital
of $ 187.2 million
in connection with the withholding tax obligations, based on $ 16.33 per
share, which is the fair value
of our common stock as
of December 31, 2016, as we intend to issue
shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance
of 7.6 million
shares of Class A common stock and 5.5 million
shares of Class B common stock that will vest and be issued from the settlement
of such RSUs, (v) the issuance
of the CEO award, as described below, and (vi) the filing and effectiveness
of our amended and restated certificate
of incorporation which will be
in effect on the completion
of this offering.
In addition, to create incentives for the attainment
of clear performance objectives around a key element
of our current business plan — the successful launch and commercialization
of the Model S — the Board
of Directors approved
additional options totaling an
additional 4 %
of our fully - diluted
shares as
of December 4, 2009, or 10,067,960 stock options, with 1 / 4th
of the
shares to vest based entirely on the attainment
of each
of four performance milestones, assuming continued employment through each vesting date.
In making this determination, the underwriters will consider, among other things, the price of shares available for purchase in the open market compared to the price at which the underwriters may purchase shares through the option to purchase additional share
In making this determination, the underwriters will consider, among other things, the price
of shares available for purchase
in the open market compared to the price at which the underwriters may purchase shares through the option to purchase additional share
in the open market compared to the price at which the underwriters may purchase
shares through the option to purchase
additional shares.
The table above does not include (i) 5,952,917
shares of Class A common stock reserved for issuance under our 2015 Incentive Award Plan (as described
in «Executive Compensation — New Employment Agreements and Incentive Plans»), consisting
of (x) 2,689,486
shares of Class A common stock issuable upon exercise
of options to purchase
shares of Class A common stock granted on the date
of this prospectus to our directors and certain employees, including the named executive officers,
in connection with this offering as described
in «Executive Compensation — Director Compensation» and «Executive Compensation — New Equity Awards,» and (y) 3,263,431
additional shares of Class A common stock reserved for future issuance and (ii) 24,269,792
shares of Class A common stock issuable to the Continuing SSE Equity Owners upon redemption or exchange
of their LLC Interests as described
in «Certain Relationships and Related Party Transactions — SSE Holdings LLC Agreement.»
The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion
of all
of our outstanding
shares of convertible preferred stock other than Series FP preferred stock into
shares of Class B common stock and the conversion
of Series FP preferred stock into
shares of Class C common stock
in connection with our initial public offering, (ii) stock - based compensation expense
of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as
of December 31, 2016 and which we will recognize on the effectiveness
of our registration statement
in connection with this offering, as further described
in Note 1 to our consolidated financial statements included elsewhere
in this prospectus, (iii) the increase
in accrued expenses and other current liabilities and an equivalent decrease
in additional paid -
in capital
of $ 187.2 million
in connection with the withholding tax obligations, based on $ 16.33 per
share, which is the fair value
of our common stock as
of December 31, 2016, as we intend to issue
shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance
of 7.6 million
shares of Class A common stock and 5.5 million
shares of Class B common stock that will vest and be issued from the settlement
of such RSUs, (v) the issuance
of the CEO award, as described below, and (vi) the filing and effectiveness
of our amended and restated certificate
of incorporation which will be
in effect on the completion
of this offering.
The adjustment assumes there will be no
additional distribution
in the event the gross proceeds from the offering exceed the anticipated gross proceeds (including as a result
of the exercise by the underwriters
of their option to purchase
additional shares of Class A common stock).
Any
additional gain or loss recognized on such premature sale
of the
shares in excess
of the amount treated as ordinary income will be characterized as capital gain or loss.
The Company's board
of directors also approved an
additional distribution to its members, to the extent the gross proceeds
of the Company's planned initial public offering exceed the anticipated gross proceeds (including as a result
of the exercise by the underwriters
of their option to purchase
additional shares of Class A common stock),
in an amount equal to the product
of (A) the increased gross proceeds and (B) 0.273, to be paid from the proceeds
of the Company's planned initial public offering.
United Therapeutics will pay $ 4.46 per
share in cash at closing yesterday and an
additional $ 2.63 per
share in cash upon the achievement
of a milestone related to the commercialization
of SteadyMed's leading drug candidate Trevyent for the treatment
of Pulmonary Arterial Hypertension (PAH).
The pro forma column reflects (a) the redesignation
of our outstanding common stock as Class B common stock
in 2015, (b) the automatic conversion
of all
shares of our convertible preferred stock outstanding as
of March 31, 2015 into
shares of our Class B common stock, (c) the automatic conversion
of the convertible preferred stock warrants to Class B common stock warrants, and the resulting remeasurement and assumed reclassification
of the redeemable convertible preferred stock warrant liability to
additional paid -
in capital, and (d) the filing and effectiveness
of our restated certificate
of incorporation.
(Philadelphia, Pa: University
of Pennsylvania, Organizational Dynamics Working Paper # 07 - 01, 2007), http://www.lb7.uscourts.gov/documents/WIWD/09-413.pdf These are summarized with
additional evidence
in The Citizen's
Share: Reducing Inequality
in the 21st Century, Joseph R. Blasi, Richard B. Freeman, and Douglas L. Kruse.
Upon the completion
of this offering and after giving effect to the planned recapitalization
of our common stock into a single class
of common stock and stock split, SIH will own
shares of our outstanding common stock (representing %
of the
shares outstanding), our founders and their family trusts will own an aggregate
shares of our outstanding common stock (representing %
of the
shares outstanding) and our employees who received
shares upon the liquidation
of the special purpose employee ownership vehicle will own
shares of our outstanding common stock under a restricted stock award (representing %
of the
shares outstanding),
in each case as it relates to the percentage ownership assuming that the underwriters do not exercise their option to purchase
additional shares.
Additional information regarding how this number
of Performance
Shares was calculated appears
in the footnotes (1) and (3) to the table:
In addition, based on the fair value
of the
shares of common stock
of the Company at the time
of issuance, the Company recorded an
additional $ 100,000
of share based compensation expense related to the transaction.
Holders
of an aggregate
of approximately million
additional shares of our common stock as
of, 2010, will have rights, subject to some conditions and any applicable lock - up agreement described
in the «Underwriting» section
of this prospectus, to include their
shares in registration statements that we may file for ourselves or other stockholders.
Under the tax indemnity and
sharing agreement, we will have the ability to engage
in certain otherwise prohibited transactions, such as
additional stock issuances or stock repurchases during the restricted period, provided we first deliver to EHI a tax opinion acceptable to EHI that doing so will not adversely affect the tax - free treatment
of the separation.
An indexation allowance may be available to such a holder to give an
additional deduction based on the indexation
of its base cost
in the
shares by reference to U.K. retail price inflation over its holding period (but note that,
in respect
of disposals on or after 1 January 2018, the U.K. Government announced plans
in the Autumn Budget 2017 to freeze indexation allowance at the amount that would be due based on the retail price index for December 2017).
Given associated government revenue
shares in GDP, the latter achievement would also unlock an
additional $ 1.4 trillion
in global tax revenue, most
of it ($ 940 billion)
in emerging economies, suggesting the potential self - financing effects
of additional public investment into closing global gender gaps.