Conversion Period

Conversion Period

The time period during which an investor can exchange a convertible security for common stock.

Conversion Period

The period of time during which a convertible security may be exchanged for common stock. The length of the conversion period depends upon the particular security; sometimes it lasts until maturity and sometimes it expires. If a conversion period has an expiration date, the issuing company may extend it at its discretion. See also: Conversion ratio.

conversion period

The time during which a convertible security may be exchanged for other assets. Most conversion periods extend for the lives of the convertible securities (until maturity for bonds), although some periods are limited. A conversion period occasionally may be extended by the issuer.
References in periodicals archive ?
Holders of all of the outstanding Notes converted their Notes into an aggregate of 6,858,683 shares of the Company's common stock prior to expiration of the conversion period.
In connection with the Merger, only holders who convert their Notes during the Make-Whole Conversion Period ending on August 17, 2011 shall be entitled to receive the Make-Whole Applicable Increase.
Accordingly, upon surrender of Securities for conversion following the Merger in connection with the Make-Whole Fundamental Change resulting from the consummation of the Offer, the Company's conversion obligation during the Make-Whole Conversion Period will be calculated based solely on the $14.
EchoStar has been advised by US Bank, as paying agent, that Notes in the aggregate principal amount of $15,000 were converted prior to the expiration of the conversion period at 5 PM ET on Feb.
Accordingly, upon surrender of Securities for conversion following the Merger in connection with the Make-Whole Fundamental Change resulting from the Merger, the Company's conversion obligation during the Make-Whole Conversion Period will be calculated based solely on the $14.
As a result, during the conversion period commencing January 1, 2007 and continuing through and including March 30, 2007, holders of the notes may, if they elect, convert the notes into shares of common stock, subject to the terms of the related Indenture.
ROP Term and LTG Ultra can be converted to a permanent life insurance plan of the company's choosing during the conversion period without evidence of insurability.
In addition, in connection with the Make-Whole Fundamental Change that would occur upon the consummation of the Merger (as defined below), the conversion rate applicable to each Security that is surrendered for conversion at any time during the Make-Whole Conversion Period described below will be increased to reflect the Make-Whole Applicable Increase.
PruLife Return of Premium Term (contract number PLTIR 2006) can be converted, during the policies conversion period, to a permanent Prudential or Pruco Life individual life insurance policy offered under the contract, should the individual want a life insurance policy that continues to build cash value beyond the period selected.
As a result, during the conversion period commencing October 1, 2006 and continuing through and including December 29, 2006, holders of the notes may, if they elect, convert the notes into shares of common stock, subject to the terms of the related Indenture.
During the Make-Whole Conversion Period, the Notes will be convertible into 16.
As a result, during the conversion period commencing May 1, 2006 and continuing through and including July 28, 2006, holders of the notes may, if they elect, convert the notes into shares of common stock and cash, subject to the terms of the related Indenture.