Fair Market Value Definition Example

Fair Market Value. As of any date, the value of a share of the Company's Class A Common Stock determined as follows: (a) if such Class A Common Stock is then publicly traded on a national securities exchange, its closing price on the date of determination on the principal national securities exchange on which the Class A Common Stock is listed or admitted to trading as reported in The Wall Street Journal; (b) if such Class A Common Stock is publicly traded but is not quoted, nor listed or admitted to trading, on... a national securities exchange, the average of the closing bid and asked prices on the date of determination as reported by The Wall Street Journal (or, if not so reported, as otherwise reported by any newspaper or other source as the Committee may determine); or (c) if none of the foregoing is applicable, by the Committee in good faith View More