Average Closing Share Price

Average Closing Share Price. Means the average of the daily closing prices per share of Stock as reported on the New York Stock Exchange for the applicable sixty (60) trading days. The Average Closing Share Price will be adjusted in each case to reflect an assumed reinvestment, as of the of applicable ex-dividend date, of all cash dividends and other cash distributions (excluding cash distributions resulting from share repurchases or redemptions by the Company) paid to stockholders, as applicable, during the sixty (60)... trading days ending immediately prior to the Date of Grant or the applicable Performance Period End Date. View More