Not exact matches
On 12 January 2018, Valmec completed the issue
of 22,522,083 fully paid ordinary shares in the capital
of the Company (
Option Shares) upon the exercise of 22,522,083 listed options (ASX: VMXO) with an exercise price of $ 0.25 per o
Option Shares)
upon the
exercise of 22,522,083 listed
options (ASX: VMXO) with an
exercise price of $ 0.25 per
optionoption.
The weighted - average
exercise price is calculated based solely on the
exercise prices of the outstanding stock
options and does not reflect the shares that will be issued
upon the vesting
of outstanding awards
of RSUs, which have no
exercise price.
For nonstatutory stock
options and stock appreciation rights, the participant will recognize ordinary income
upon exercise in an amount equal to the difference between the fair market value
of the shares and the
exercise price on the date
of exercise.
5,800,200 shares
of our Class B common stock issuable
upon the
exercise of options to purchase shares
of our Class B common stock granted after June 30, 2015, with a weighted - average
exercise price of $ 15.23 per share;
106,133,176 shares
of our Class B common stock issuable
upon the
exercise of options to purchase shares
of our Class B common stock outstanding as
of September 30, 2015, with a weighted - average
exercise price of $ 6.95 per share;
2,816,100 shares
of our Class A common stock issuable
upon the
exercise of options to purchase shares
of our Class A common stock granted after September 30, 2015 under our 2015 Equity Incentive Plan, with an
exercise price per share equal to the public offering
price set forth on the cover page
of the final prospectus for this offering;
In addition, in connection with the termination
of the 2014 Plan
upon a sale event, we may make or provide for a cash payment to participants holding vested and exercisable
options and stock appreciation rights equal to the difference between the per share cash consideration payable to stockholders in the sale event and the
exercise price of the
options or stock appreciation rights.
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.
Upon exercising a non-qualified stock
option, the recipient will recognize ordinary income in an amount equal to the difference between the fair market value on the date
of exercise of the stock acquired and the stock
option exercise price, and Walmart will be entitled to a deduction in the same amount.
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;
Nevertheless, sales
of substantial amounts
of our Class A common stock, including shares issued
upon exercise of outstanding stock
options or warrants or settlement
of RSUs, in the public market following this offering could adversely affect market
prices prevailing from time to time and could impair our ability to raise capital through the sale
of our equity securities.
31,619,974 shares
of our Class B common stock issuable
upon the
exercise of options to purchase shares
of our Class B common stock outstanding as
of March 31, 2015, with a weighted - average
exercise price of $ 3.29 per share;
1,471,063 shares
of our Class B common stock issuable
upon the
exercise of options to purchase shares
of our Class B common stock granted after March 31, 2015, with a weighted - average
exercise price of $ 18.85 per share;
Net profit shares are the shares remaining after payment
of the
option exercise price and taxes owed
upon the
exercise of options.
As
of May 15, 2010, 8,626,346 shares
of common stock were issuable
upon exercise of outstanding stock
options with a weighted average
exercise price of $ 2.52 per share.
Upon a disposition
of the shares more than two years after grant
of the
option and one year after
exercise of the
option, the optionee will recognize long - term capital gain or loss equal to the difference between the sale
price and the
exercise price.
In such a case, an employee who
exercises immediately
upon grant (and assuming the
exercise price of the
option is the FMV at the time
of grant) purchases the stock at FMV, and there no no tax paid when filing 83 (b) election.
Stock above the strike
price If ZYX advances to 50 at expiration, the covered call writer,
upon assignment, will obtain a net profit
of $ 875 per contract (the
exercise price of 45 less the
price of the stock when the
option was sold plus the
option premium received
of 3 1/4 X 100).
When stocks the fund owns go up, holders
of its call
options will
exercise their right to buy the stock at the agreed -
upon lower
price.
Upon exercise of the
option, the delivery
of the futures position by the writer
of the
option to the holder
of the
option will be accompanied by the delivery
of the accumulated balance in the writer's futures margin account which represents the amount by which the market
price of the futures contract, at
exercise, exceeds (in the case
of a call) or is less than (in the case
of a put) the
exercise price of the
option on the futures contract.
The Compensation Committee, in its sole discretion, may grant stock appreciation rights which allow the grantee to elect to receive
upon the
exercise of the
option shares
of stock with an aggregate fair market value equal to the excess
of the fair market value
of the shares
of stock with respect to which the
option is
exercised over the aggregate
exercise price of the
option as determined on the
exercise date.