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AMZN » Topics » Outstanding Equity Awards at 2008 Fiscal Year End

This excerpt taken from the AMZN DEF 14A filed Apr 17, 2009.

Outstanding Equity Awards at 2008 Fiscal Year End

 

     Stock Awards

Name

    Number of Shares or
Units of Stock That
Have Not Vested		     Market Value of
Shares or Units
of Stock That
Have Not Vested(1)

Jeffrey P. Bezos

    —         —  

Thomas J. Szkutak

     

Restricted stock units

    246,323 (2)   $ 12,631,443

Sebastian J. Gunningham

     

Restricted stock units

    375,000 (3)     19,230,000

Marc A. Onetto

     

Restricted stock units

    300,000 (4)     15,384,000

H. Brian Valentine

     

Restricted stock units

    320,000 (5)     16,409,600

 

(1) Reflects the closing market price of the Company’s common stock on December 31, 2008, $51.28, multiplied by the number of restricted stock units that were not vested as of December 31, 2008.
(2) Reflects shares of the Company’s common stock subject to: (a) a restricted stock unit award for 500,000 shares, the unvested portion of which vests as to 71,425 shares on October 1, 2009, assuming continued employment; (b) a restricted stock unit award for 74,898 shares vesting as follows, assuming continued employment: 18,725 shares on May 15, 2010; 18,724 shares on August 15, 2010; 18,725 shares on November 15, 2010; and 18,724 shares on February 15, 2011; and (c) a restricted stock unit award for 100,000 shares vesting as to 10,000 shares on May 15, 2011 and quarterly thereafter through February 15, 2012 and as to 7,500 shares on May 15, 2012 and quarterly thereafter through February 15, 2014, assuming continued employment.
(3) Reflects shares of the Company’s common stock subject to a restricted stock unit award for 375,000 shares, which vested as to 75,000 shares on March 5, 2009 and will vest as to 75,000 shares yearly thereafter through March 5, 2013, assuming continued employment.
(4) Reflects shares of the Company’s common stock subject to a restricted stock unit award for 375,000 shares, which vested as to 75,000 shares on December 4, 2008 and will vest as to 75,000 shares yearly thereafter through December 4, 2012, assuming continued employment.
(5) Reflects shares of the Company’s common stock subject to a restricted stock unit award for 400,000 shares, which vested as to 80,000 shares on September 18, 2008 and will vest as to 80,000 shares yearly thereafter through September 18, 2012, assuming continued employment.

 

16

The following table sets forth information concerning stock awards that vested during the last fiscal year with respect to the named executive officers.

"Outstanding Equity Awards at 2008 Fiscal Year End" elsewhere:

Sears Holdings (SHLD)
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