Define: Annual Award
What does "Annual Award" mean? The meaning differs based on the contract. We found 2 definitions across 1 company in SEC filings.
Definition 1 (DoorDash, Inc., seen in 1 filing)
Annual Award means an award of restricted stock units granted on the date of each Annual Meeting following the Effective Date covering a number of Shares having a grant date fair value (determined in accordance with U.S. generally accepted accounting principles) of $250,000, rounded down to the nearest whole Share.
Source: DoorDash, Inc. S-1
Definition 2 (DoorDash, Inc., seen in 1 filing)
Annual Award means an award of restricted stock units granted on the date of each Annual Meeting.
Source: DoorDash, Inc. 10-Q
Data extracted from 2 SEC EDGAR filings across 1 company. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.