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CLR » Topics » Outstanding Equity Awards as of December 31, 2008

This excerpt taken from the CLR DEF 14A filed Apr 13, 2009.

Outstanding Equity Awards as of December 31, 2008

The following table reflects outstanding stock options and unvested restricted stock held by our NEOs as of December 31, 2008:

 

Name

    Option Awards    Stock Awards
   Number of Securities
Underlying Unexercised
Option (1)		    Option
Exercise
Price ($)		    Option
Expiration
Date		    Number
of Shares
of Stock
that
Have Not
Vested (2)		    Market
Value
of Shares
of Stock
That Have
Not
Vested ($) (3)
   Exercisable    Unexercisable            

Harold G. Hamm

    —      —      —      —      228,000    4,721,880

Mark E. Monroe (4)

    —      —      —      —      —     

John D. Hart

    —      —      —      —      42,000    869,820

Jeffrey B. Hume

    149,000    —      1.2727    10/1/2010    46,000    952,660

Jack H. Stark

    123,250

88,000

    —  

—  

    1.2727

0.7064

    10/1/2010
4/1/2012		    43,200
—  		    894,672
—  

Gene R. Carlson

    —      —      —      —      35,000    724,850

 

(1) There have been no grants of stock options under our 2000 Plan to any of the NEOs since December 22, 2004.

 

(2) Shares represent restricted stock awards. Unvested shares will vest as follows (i) 80,000 shares each on October 5, 2009 and October 5, 2010 and 68,000 shares on October 5, 2011 for Mr. Hamm; (ii) 3,333 shares each on November 1, 2009 and November 1, 2010, and 3,334 shares on November 1, 2011 for Mr. Monroe; (iii) 15,000 shares on October 5, 2009 and October 5, 2010, and 16,000 shares on October 5, 2011 for Mr. Hume; (iv) 15,000 shares on October 5, 2009 and October 5, 2010, and 13,200 on October 5, 2011 for Mr. Stark; (v) 15,000 shares on October 5, 2009 and October 5, 2010, and 12,000 shares on October 5, 2011 for Mr. Hart; and (vi) 12,500 shares on October 5, 2009 and October 5, 2010, and 10,000 shares on October 5, 2011 for Mr. Carlson.

 

(3) Market value is based on market value of shares of common stock as of December 31, 2008.

 

(4) Excludes shares granted to Mr. Monroe as non-employee director compensation after the termination of his employment with the Company. See “Non-Employee Director Compensation.”

None of the NEOs are subject to an equity incentive plan other than the 2000 Plan and 2005 Plan described herein.

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