Weighted Average Exercise Price definition

Weighted Average Exercise Price shall be determined by the following formula: EP1 = EP * N + C N + AS where: EP1 = the Weighted Average Exercise Price; EP = the former Exercise Price; N = the number of shares of Common Stock outstanding immediately prior to such issuance (or deemed issuance) assuming exercise or conversion of all outstanding securities exercisable for or convertible into Common Stock; C = the number of shares of Common Stock that the aggregate consideration received or deemed to be received by the Company for the total number of additional securities so issued or deemed to be issued in the Dilutive Issuance would purchase if the Per Share Selling Price were equal to the Exercise Price; AS = the number of shares of Common Stock so issued or deemed to be issued in the Dilutive Issuance. Notwithstanding the foregoing, the exercise of Stock Purchase Rights (as defined below) or conversion of Convertible Securities (as defined below) shall not be deemed a Dilutive Issuance. The Company shall give to the Investors written notice of any such Dilutive Issuance within twenty four (24) hours of the closing thereof.
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Weighted Average Exercise Price with respect to the In-the-Money Options held by an Option Holder, shall mean the quotient of (i) the sum of all Option Grant Values for all In-the-Money Options held by such Option Holder divided by (ii) the aggregate number of shares of Company Common Stock covering all In-the-Money Options held by such Option Holder.
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Weighted Average Exercise Price means the weighted average exercise price of the Vested Options.
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Examples of Weighted Average Exercise Price in a sentence

  • Subject to the exclusions contained in Section 11(c)(iv) below, if the Company issues or sells any Common Stock in a capital raising transaction for a Per Share Selling Price (as defined below) less than the applicable Exercise Price in effect immediately prior to the time of such issue or sale (a "Dilutive Issuance"), then forthwith upon such Dilutive Issuance, the Exercise Price shall be reduced to the Weighted Average Exercise Price (as defined below).

  • A summary of information related to the subsidiary stock options granted is as follows: Shares Outstanding Reserved for Option Grant Stock Options Granted Price Range Weighted Average Exercise Price Fair Value At Grant 10,000,000 700,000 577,500 $ 4.35-$26.71 $ 7.33 $ 2.11 Stock-based compensation expense of $121,000 was recognized under SFAS No. 123R for the 53 weeks ended February 3, 2007.

  • Information pertaining to options outstanding at December 31, 2017 is as follows: Options Shares Weighted Average Exercise Price Nonvested at January 1, 2017 3,584 $ 14.26 Granted 4,000 28.25 Vested (1,791 ) 14.29 Forfeited - - Nonvested at December 31, 2017 5,793 $ 14.78 During 2017, the Company awarded 4,000 stock options.

  • A combined summary of the status of the 1994 plan, the 1995 plan, and the 1997 plan as of and for the years ended December 31, 1996, 1997 and 1998 is presented below: Year ended Year ended Year ended December 31, 1996 December 31, 1997 December 31, 1998 Options Weighted Average Exercise Price Weighted Average Exercise Options Price Options Weighted Average Exercise Price Outstanding at beginning of period..............

  • The Seller has the following options issued and outstanding: No. of Common Shares Weighted Average Exercise Price Weighted Average Remaining Life 8,245,440 8.12 6.14 years 2.

  • Information regarding the 1993 and 1997 Plans is as follows: Option Shares Weighted Average Exercise Price Weighted Average Fair Value --------- -------- ---------- Outstanding, December 31, 1997...............

  • A combined summary of the status of the 1994 plan, the 1995 plan, and the 1997 plan as of and for the years ended December 31, 1996, 1997 and 1998 is presented below: Year ended Year ended Year ended December 31, 1996 December 31, 1997 December 31, 1998 Options Weighted Average Exercise Price Options Weighted Average Exercise Price Options Weighted Average Exercise Price Outstanding at beginning of period..............

  • Subject to the exclusions contained in Section 11(c)(iv) below, if the Company issues or sells any Common Stock in a capital raising transaction for a Per Share Selling Price (as defined below) less than the applicable Exercise Price in effect immediately prior to the time of such issue or sale (a "DILUTIVE ISSUANCE"), then forthwith upon such Dilutive Issuance, the Exercise Price shall be reduced to the Weighted Average Exercise Price (as defined below).

  • A summary of the status of the RTC plans as of and for the years ended December 31, 1999, 1998 and 1997, is presented below: Year ended December 31, Options Weighted Average Exercise Price Options Weighted Average Exercise Price Options Weighted Average Exercise Price 367,633 $15.66 3,285,192 $13.20 2,293,483 $11.09 Outstanding at beginning of period .............

Related to Weighted Average Exercise Price

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest Closing Bid Price and the lowest closing ask price of any of the market makers for such security as reported in the OTC Link or “pink sheets” by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 11 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Aggregate Exercise Price means, in connection with the exercise of this Warrant at any time, an amount equal to the product obtained by multiplying (i) the Exercise Price times (ii) the number of shares of Common Stock for which this Warrant is being exercised at such time.

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • Weighted Average SOFR means the arithmetic mean of SOFR in effect for each Business Day during the relevant Interest Period, calculated by multiplying the relevant SOFR by the number of calendar days such SOFR is in effect, determining the sum of such products and dividing such sum by the number of calendar days in the relevant Interest Period, provided however that during a Suspension Period, the SOFR for each day during that Suspension Period will be the value for the Business Day immediately prior to the first day of such Suspension Period. For purposes of this provision “Suspension Period” is the number of Business Days prior to the end of the relevant Interest Period as specified in the applicable pricing supplement.