Derivative Instrument

Derivative Instrument. Means any and all derivative securities (as defined under Rule 16a-1 under the Exchange Act) that increases or decreases in value as the value of any Equity Securities of the Company increases or decreases, as the case may be, including a long convertible security, a long call option and a short put option position, in each case, regardless of whether (i) such derivative security conveys any voting rights in any Equity Security, (ii) such derivative security is required to be, or is capable of... being, settled through delivery of any Equity Security or (iii) other transactions hedge the value of such derivative security. View More

Derivative Instrument. Any option, warrant, convertible security, swap, stock appreciation right or other agreement related to the Common Stock or with an exercise or conversion privilege or a settlement payment or mechanism at a price related to the Common Stock or with a value derived in whole or in part from the value of the Common Stock, whether or not such instrument or right shall be subject to settlement in shares of Common Stock or otherwise, but shall not include interests in broad-based index options,... broad-based index futures or broad-based publicly traded market baskets or indices of stocks View More