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AYR » Topics » OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END

This excerpt taken from the AYR DEF 14A filed Apr 3, 2009.
OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END
 
                 
    Stock Awards  
    Number of Shares
 		    Market Value of
 		 
    or Units of Stock
 		    Shares or Units of
 		 
    That Have
 		    Stock That Have Not
 		 
    Not Vested
 		    Vested
 		 
Name
  (#)     (US$)(1)  
 
Ron Wainshal
    292,502 (2)     1,398,160  
Michael Inglese
    221,215 (3)     1,057,408  
Michael Platt
    125,918 (4)     601,888  
David Walton
    155,802 (5)     744,734  
Joseph Schreiner
    40,715 (6)     194,618  
 
 
(1) Valued at a Common Share price of US$4.78, the reported closing price for our Common Shares on the NYSE on December 31, 2008, the last trading day of 2008.
 
(2) 140,000 restricted shares vest in 70,000 and 70,000 increments each May 17, commencing with May 17, 2009. 152,502 restricted shares vest in 10,877, 33,170, 36,029, 37,630, 22,296 and 12,500 increments each January 1, commencing January 1, 2009.
 
(3) 221,215 restricted shares vest in 21,622, 52,807, 56,679, 61,679, 15,928 and 12,500 increments each January 1, commencing January 1, 2009.
 
(4) 125,918 restricted shares vest in 16,306, 36,973, 36,973 and 35,666 increments each January 1, commencing January 1, 2009.
 
(5) 155,802 restricted shares vest in 26,592, 46,592, 27,617, 30,001, 12,500 and 12,500 increments each January 1, commencing January 1, 2009.
 
(6) 40,715 restricted shares vest in 18,767, 8,600, 7,266 and 6,082 increments each January 1, commencing January 1, 2009.
 
The following table summarizes the restricted share grants of our named executive officers under the Plan which vested during the year ending December 31, 2008:
 

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