Template:Nutshell Equity Derivatives 1.20
1.20. “Number of Shares” means:
- (a) For a Share Option Transaction: Number of Options * Option Entitlement;
- (b) For a Share Forward Transaction or a Share Swap Transaction: The number of Shares specified in the Confirmation; and
- (c) For each Issuer in a Share Basket Transaction: the number of such Shares of that Issuer in the Basket as specified in the Confirmation.