Lock up period

Lock up period

A lock up period is a predetermined amount of time following an initial public offering during which employees and close associates of the company who are given shares are not allowed to sell those shares. Generally, a lock in period is a condition of exercising an employee stock option.

A lock up period may also be referred to as a lock in, locked in, lock out, locked out, or locked up period. Any one of these variations may be hyphenated, such as "lock-up period", and variations with out or up may also be joined to form one word, such as "lockout period".


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Look at other dictionaries:

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  • lock-in period — See call protection. American Banker Glossary …   Financial and business terms

  • lock-up — ˈlock up adjective FINANCE 1. lock up agreement/​pact an agreement by which money is invested in such a way that it cannot be used for a period of time 2. lock up period a period of time during which money is invested in such a way that it cannot …   Financial and business terms

  • lock-up agreement — USA An agreement between a company or the underwriters on the one hand, and a stockholder on the other hand, that is executed in the course of a registered securities offering. In the lock up agreement, the stockholder agrees that it will not… …   Law dictionary

  • Lock up — can refer to:* Lock up provision, a corporate finance term * Lock up period, a term concerning initial public offerings of stock * Lock Up (US band), an American rock band, featuring guitarist Tom Morello during his pre Rage Against the Machine… …   Wikipedia

  • lock-in — UK US /ˈlɒkɪn/ US  /ˈlɑːk / noun [C] UK INFORMAL PROPERTY, STOCK MARKET ► a length of time during which you are not allowed to end a financial agreement: »Your new mortgage may have a long lock in period. »There are no lock ins with our financial …   Financial and business terms

  • lock-keeper — lockˈ keeper noun The attendant at a lock • • • Main Entry: ↑lock * * * ˈlock keeper [lock keeper lock keepers] noun a person who is in charge of a ↑lock on a ↑ …   Useful english dictionary

  • lock out agreement — exclusive negotiating period/lock out agreement Agreement by the seller or both parties not to enter into negotiations with any third party that might jeopardise the acquisition for a certain period of time. The length of exclusivity must be… …   Law dictionary

  • lock-out agreement — Also known as exclusivity agreement, shut out agreement or no shop agreement. Agreements which are used to try to ensure that the other party to a prospective deal negotiates solely with the client for a period of time. They aim to give the… …   Law dictionary

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