AKS » Topics » OPTION EXERCISES AND STOCK VESTED TABLE

This excerpt taken from the AKS DEF 14A filed Apr 17, 2008.

OPTION EXERCISES AND STOCK VESTED TABLE

The table below provides information as to amounts realized by each NEO for each option exercised and each stock grant which vested during the fiscal year ended December 31, 2007.

 

     Option Awards    Stock Awards

Name

   Number of
Shares Acquired
on Exercise(#)
   Value
Realized on
Exercise($)
(1)
   Number of
Shares Acquired
on Vesting(#)
   Value
Realized on
Vesting($)
(2)

James L. Wainscott

   280,000    $ 4,870,568    66,598    $ 1,900,332

Albert E. Ferrara, Jr.

   35,832    $ 612,269    11,774    $ 349,741

David C. Horn

   81,667    $ 1,285,435    23,109    $ 394,423

John F. Kaloski

   80,000    $ 1,616,794    12,139    $ 227,824

Douglas W. Gant

   53,750    $ 1,007,287    9,112    $ 155,684

 

(1) Value realized on exercise is calculated by multiplying the number of shares acquired upon exercise by the difference between the average of the high and low stock price and the exercise price on the exercise date.

 

(2) Value realized on vesting is calculated by multiplying the number of shares acquired upon vest by the average of the high and low stock price on the vesting date.

 

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This excerpt taken from the AKS DEF 14A filed Apr 16, 2007.

OPTION EXERCISES AND STOCK VESTED TABLE

The table below provides information as to amounts realized by each NEO for each option exercised and each stock grant which vested during the fiscal year ended December 31, 2006.

 

     Option Awards    Stock Awards

Name

   Number of
Shares Acquired
on Exercise(#)
   Value
Realized on
Exercise($)
(1)
   Number of
Shares Acquired
on Vesting(#)
   Value
Realized on
Vesting($)
(2)

James L. Wainscott

   0    $ 0    61,599    $ 662,235

Albert E. Ferrara, Jr.

   28,334    $ 236,705    9,900    $ 125,036

David C. Horn

   0    $ 0    21,860    $ 182,855

John F. Kaloski

   0    $ 0    9,640    $ 80,616

Douglas W. Gant

   5,000    $ 35,475    7,738    $ 61,066

(1) Value realized on exercise is calculated by multiplying the number of shares acquired upon exercise by the difference between the average of the high and low stock price and the exercise price on the exercise date.

 

(2) Value realized on vesting is calculated by multiplying the number of shares acquired upon vest by the average of the high and low stock price on the vesting date.

 

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