Number of Target Shares Sample Clauses

Number of Target Shares. Spirent Employee Share Ownership Trust (“ESOT”) 2,901,217 Spirent Employee Share Ownership Trust – Spirent Stock Incentive Plan (“SSIT”) 3,879 UK Sharesave Trust 537,835
View SourceView Similar (3)
Number of Target Shares. The Shareholder acknowledges that it holds or controls the Specified Shares and that the Specified Shares are subject to the Scheme.
View SourceView Similar (2)
Number of Target Shares. Seahawk Employee Share Ownership Trust (“ESOT”) 6,114,466 Seahawk Employee Share Ownership Trust – Seahawk Stock Incentive Plan (“SSIT”) 3,879 UK Sharesave Trust 537,835
View Source
Number of Target Shares. Britvic Employee Share Trust 1,693,930 UK SIP Trust 3,325,076 Irish PSS Trust 138,798 The Target further confirms that, and the Offeror acknowledges that, the Target has hedging arrangements in place for the purpose of satisfying awards under the ESOP, PSP, RSP and Buy-Out Award. Pursuant to these hedging arrangements, the Target has a contractual entitlement to buy existing Britvic Shares totalling 1,785,000 at an agreed price, (the “Hedged Shares”) and the Target may make a recommendation to the trustee of the Britvic Employee Share Trust to purchase such Hedged Shares at the agreed price for the purpose of satisfying awards under the Target Share Plans. The hedging arrangements are in six tranches and will mature by 24 January 2025, or may be settled early, and so it is expected that the Hedged Shares will be used to satisfy awards under the Share Plans in due course.
View Source

Related to Number of Target Shares

  • Target Shares The Sellers hold of record and own beneficially the number of Target Shares set forth next to his or her name in §4(b) of the Disclosure Schedule, free and clear of any restrictions on transfer (other than any restrictions under the Securities Act and state securities laws), Taxes, Security Interests, options, warrants, purchase rights, contracts, commitments, equities, claims, and demands. The Sellers are not a party to any option, warrant, purchase right, or other contract or commitment that could require the Sellers to sell, transfer, or otherwise dispose of any capital stock of the Target (other than this Agreement). The Sellers are not a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any capital stock of the Target.

  • Number of Shares This Warrant shall be exercisable for the Initial Shares, plus the Additional Shares, if any (collectively, and as may be adjusted from time to time pursuant to the provisions of this Warrant, the “Shares”).

  • Total Shares Except for the Shares referred to in 2.03, Stockholder does not beneficially own any (i) shares of capital stock or voting securities of the Company, (ii) securities of the Company convertible into or exchangeable for shares of capital stock or voting securities of the Company or (iii) options or other rights to acquire from the Company any capital stock, voting securities or securities convertible into or exchangeable for capital stock or voting securities of the Company.

  • Number of Units The Participant is granted the number of RSUs as specified in the Participant’s account under the ▇▇▇▇ ▇▇▇ grant, administered by Fidelity Investments or any successor thereto (“Fidelity”). A RSU is a hypothetical share of Verizon’s common stock. The value of a RSU on any given date shall be equal to the closing price of Verizon’s common stock on the New York Stock Exchange (“NYSE”) as of such date. A Dividend Equivalent Unit (“DEU”) or fraction thereof shall be added to each RSU each time that a dividend is paid on Verizon’s common stock. The amount of each DEU shall be equal to the corresponding dividend paid on a share of Verizon’s common stock. The DEU shall be converted into RSUs or fractions thereof based upon the closing price of Verizon’s common stock traded on the NYSE on the dividend payment date of each declared dividend on Verizon’s common stock, and such RSUs or fractions thereof shall be added to the Participant’s RSU balance. To the extent that Fidelity or the Company makes an error, including but not limited to an administrative error with respect to the number or value of the RSUs granted to the Participant under this Agreement, the DEUs credited to the Participant’s account or the amount of the final award payment, the Company or Fidelity specifically reserves the right to correct such error at any time and the Participant agrees that he or she shall be legally bound by any corrective action taken by the Company or Fidelity.

  • Number of Warrant Shares Simultaneously with any adjustment to the Exercise Price pursuant to this Section 9, the number of Warrant Shares that may be purchased upon exercise of this Warrant shall be increased or decreased proportionately, so that after such adjustment the aggregate Exercise Price payable hereunder for the adjusted number of Warrant Shares shall be the same as the aggregate Exercise Price in effect immediately prior to such adjustment.