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FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT
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What is Number of shares calculated based on the value of the award divided by the closing price of $70 Form?

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The number of shares calculated refers to the total number of shares that a company has issued and outstanding, which includes shares owned by shareholders and any reserves for employee stock options or similar equity compensation plans.
Companies that are publicly traded or organizations that have a certain number of shareholders or assets are typically required to file the number of shares calculated with their respective regulatory authorities.
To fill out the number of shares calculated, a company needs to report the total issued and outstanding shares, including any adjustments for stock splits, treasury shares, and other equity transactions.
The purpose of reporting the number of shares calculated is to provide transparency about the ownership structure of the company and to inform investors and regulators about the dilution and voting power associated with shares.
The information that must be reported includes the total number of shares outstanding, the number of shares held in treasury, any stock options granted, and details of any convertible securities.
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