Kenvue Common Stock definition

Kenvue Common Stock means the common stock, $0.01 par value per share, of Kenvue.
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Kenvue Common Stock means the common stock, $0.01 par value per share, of Kenvue. “Kenvue Credit Support Instruments” has the meaning set forth in Section 3.02(a).
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Examples of Kenvue Common Stock in a sentence

  • Each J&J Option Award held as of immediately prior to the Distribution, whether vested or unvested, by any current Kenvue Employee as of the Distribution shall be converted into an option to purchase shares of Kenvue Common Stock granted under the Kenvue Stock Plan (a “Substitute Kenvue Option Award”).

  • The number of shares of Kenvue Common Stock subject to the Substitute Kenvue RSU Award shall be equal to the number of shares of J&J Common Stock subject to the J&J RSU Award as of immediately prior to the Distribution multiplied by the Kenvue Conversion Ratio, rounded to the nearest whole share.

  • The number of shares of Kenvue Common Stock subject to the Substitute Kenvue Option Award shall be equal to (a) the number of shares of J&J Common Stock issuable upon the exercise of the J&J Option Award as of immediately prior to the Distribution multiplied by (b) the Kenvue Conversion Ratio, rounded down to the nearest whole share.

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