lockup

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lockup

A building or room for the temporary detention of prisoners by police.
References in periodicals archive ?
1) Field and Hanka (2001) and Bray and Gompers (2003) discuss the role played by share lockups in IPOs.
The company shortened the lockup period for certain employees, so 234 million shares will now be available for sale on October 29, instead of November 14.
Today, the courthouse only handles civil matters and doesn't use the lockup facility at all.
One example he cites of such a "police lockup profile" involved a 31-year-old man who was stopped by police in "a large midwesternb city" for making an illegal left turn.
The lockups possess several favorable features over those in an IPO setting and offer a unique opportunity to examine information discovery.
Before RAH entered into a lockup and option agreement on March 21 with certain key shareholders who own 9.
We model the investor's decision to redeem capital from a hedge fund as a real option and develop a methodology to value the cost of lockups and notice periods to a risk-averse CRRA investor.
The negative signs of the AUD and UND variables are consistent with Brav and Gompers' (2003) argument that firms that have some forms of certification, such as going public with reputable auditors and underwriters, will not need long lockups because they are less likely to take advantage of shareholders in the IPO aftermarket.
These are shares held by shareholders subject to the initial lockup who did not sell in the secondary, principally Intel.
Local officials hope the boot camp will help relieve severe overcrowding in juvenile lockups.
Lockups are agreements between an IPO's underwriters and its insiders that prohibit those insiders from selling additional shares, usually for the first 180 days after the initial public offering.
Yet several times a day, boats filled with curious tourists make the 10-minute ride from San Francisco's Pier 41 to the dock where the country's worst criminals - many declared incorrigible or at high risk for escape from other federal lockups - got their first glimpse of their rock-hard future home.