EYE » Topics » Option Exercises and Stock Vested

These excerpts taken from the EYE 10-K filed Feb 24, 2009.

2008 OPTION EXERCISES AND STOCK VESTED

The following table sets forth certain information regarding options exercised and vested, respectively, during 2008 for the persons named in the Summary Compensation Table.

 

     Option Awards    Stock Awards

Name

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

James V. Mazzo

   —      —      —       —  

C. Russell Trenary III

   1,000    15,212    11,984 (1)   75,379

Douglas H. Post

   —      —      14,600 (1)   91,834

Michael J. Lambert

   —      —      —       —  

Jane E. Rady

   —      —      8,971 (1)   56,428

 

(1) In connection with the termination of their respective employment agreements at December 31, 2008, restricted stock units held by Messrs. Trenary and Post and Ms. Rady vested on a pro-rated basis in accordance with their terms.

 

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Table of Contents

Option Exercises and Stock Vested

FACE="Times New Roman" SIZE="2">2008 OPTION EXERCISES AND STOCK VESTED

The following table sets forth certain information regarding
options exercised and vested, respectively, during 2008 for the persons named in the Summary Compensation Table.

 























































































   Option Awards  Stock Awards

Name

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

James V. Mazzo

  —    —    —    —  

C. Russell Trenary III

  1,000  15,212  11,984(1) 75,379

Douglas H. Post

  —    —    14,600(1) 91,834

Michael J. Lambert

  —    —    —    —  

Jane E. Rady

  —    —    8,971(1) 56,428

 





(1)In connection with the termination of their respective employment agreements at December 31, 2008, restricted stock units held by Messrs. Trenary and Post and
Ms. Rady vested on a pro-rated basis in accordance with their terms.

 


136







Table of Contents


Option Exercises and Stock Vested

FACE="Times New Roman" SIZE="2">2008 OPTION EXERCISES AND STOCK VESTED

The following table sets forth certain information regarding
options exercised and vested, respectively, during 2008 for the persons named in the Summary Compensation Table.

 























































































   Option Awards  Stock Awards

Name

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

James V. Mazzo

  —    —    —    —  

C. Russell Trenary III

  1,000  15,212  11,984(1) 75,379

Douglas H. Post

  —    —    14,600(1) 91,834

Michael J. Lambert

  —    —    —    —  

Jane E. Rady

  —    —    8,971(1) 56,428

 





(1)In connection with the termination of their respective employment agreements at December 31, 2008, restricted stock units held by Messrs. Trenary and Post and
Ms. Rady vested on a pro-rated basis in accordance with their terms.

 


136







Table of Contents


This excerpt taken from the EYE DEF 14A filed Apr 25, 2008.

Option Exercises and Stock Vested

2007 OPTION EXERCISES AND STOCK VESTED

During 2007, no stock awards vested. The following table describes the stock options exercised by the named executive officers in 2007.

 

     Option Awards

Name

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

James V. Mazzo(1)

   91,932    $ 2,537,305

Richard A. Meier

   —        —  

Holger Heidrich, Ph.D.  

   82,829      2,845,791

C. Russell Trenary III

   2,000      64,420

Douglas H. Post

   —        —  

Michael J. Lambert

   —        —  

 

(1)

During 2007, pursuant to a Rule 10b5-1 Plan that was entered into on February 18, 2005, and amended and restated on February 23, 2007, Mr. Mazzo’s family trust exercised a stock option that had been granted in February 2001 and that otherwise would have expired in February 2008; of the 91,932 options exercised, the trust sold only the portion necessary to cover the exercise price and associated taxes and to repay Mr. Mazzo’s relocation loan from AMO, and the trust retained ownership of 20,502 shares.

This excerpt taken from the EYE DEF 14A filed Apr 17, 2007.

Option Exercises and Stock Vested

2006 OPTION EXERCISES AND STOCK VESTED

During 2006, no stock awards vested. The following table describes the stock options exercised by the named executive officers in 2006.

 

     Option Awards

Name

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

James V. Mazzo(1)

   105,586    $ 2,919,157

Richard A. Meier

   —        —  

Holger Heidrich, Ph.D.

   —        —  

C. Russell Trenary III

   10,000    $ 333,489

Jane E. Rady

   —        —  

(1)

During 2006, pursuant to a Rule 10b5-1 Plan that was entered into on February 18, 2005, Mr. Mazzo’s family trust exercised a stock option that had been granted in January 2000 and that otherwise would have expired in January 2007; of the 105,586 options exercised, the trust sold only the portion necessary to cover the exercise price and associated taxes and retained ownership of 42,386 shares.

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