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CHK » Topics » As of the record date, stock options outstanding and shares available for issuance under the Companys stock incentive plans are the following:This excerpt taken from the CHK DEF 14A filed Apr 30, 2009. As of the record date, stock options outstanding and shares available for issuance under the Company’s stock incentive plans are the following:
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Table of ContentsAs of the record date, the weighted average exercise price of all outstanding stock options is $8.16 per share and the weighted average remaining contractual life is approximately three years. The selection of officers, employees, consultants and non-employee directors who will receive future awards under the LTIP and the size and types of awards will be determined by the Compensation Committee. The compensation of non-employee directors currently includes the annual award of 12,500 shares of restricted common stock from the LTIP, as described below on page 27 under “2008 Directors’ Compensation.” Other than such director equity compensation, it is not possible to predict the benefits or amounts that will be received by, or allocated to, particular individuals or groups eligible to receive future awards. Although we have only made awards to two consultants from the LTIP in the past, we believe the number of consultants eligible for award under the plan is less than ten consultants. The following is a summary of the material terms of the LTIP as proposed to be amended. The only amendment to the LTIP is an increase in the number of shares of common stock available for issuance. This excerpt taken from the CHK DEF 14A filed Apr 29, 2008. As of the record date, stock options outstanding and shares available for issuance under the Company’s stock incentive plans are the following:
As of the record date, the weighted average exercise price of all outstanding stock options is $7.72 per share and the weighted average remaining contractual life is approximately four years. The selection of officers, employees, consultants and non-employee directors who will receive future awards under the LTIP and the size and types of awards will be determined by the Compensation Committee.
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Table of ContentsThe compensation of non-employee directors currently includes the annual award of 12,500 shares of restricted common stock from the LTIP, as described below on page 23 under “2007 Directors’ Compensation.” Other than such director equity compensation, it is not possible to predict the benefits or amounts that will be received by, or allocated to, particular individuals or groups eligible to receive future awards. | EXCERPTS ON THIS PAGE:
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