Absolute Share Price Change

Absolute Share Price Change. A ratio, expressed as a percentage, determined by the following formula: Absolute Share Price Change = (X-Y) divided by (Y) Wherein, X = the Share price on the third anniversary of the Grant Date; and Y = the Share price on the Grant Date. The above ratio shall be subject to adjustment in accordance with Section 3.4 of the Plan. The Share price on any given day shall be the average daily closing price for the Shares over the twenty-trading-day period ending on that day, based on reported... closing prices for the Shares for the twenty trading days (on which the Shares traded regular way in the market) ending on that day (or, if that day is not a trading day on which the Shares traded regular way in the market, then ending on the last trading day on which the Shares traded regular way in the market immediately preceding that day). View More