DKS » Topics » Option Exercises And Stock Vested

This excerpt taken from the DKS DEF 14A filed Apr 20, 2009.
Option Exercises And Stock Vested
 
The following table sets forth all options that were exercised and restricted stock that vested by our named executive officers by the Company during fiscal 2008.
 
                                 
    Option Awards     Stock Awards  
    Number of Shares
                   
    Acquired on
    Value Realized
    Number of Shares
    Value Realized
 
Name
  Exercise (#)
    on Exercise ($)
    Acquired on Vesting (#)
    on Vesting ($)
 
  (a)  
  (b)     (c)     (d)     (e)  
 
Edward W. Stack,
                               
Chairman, Chief Executive Officer and President(1)
                       
Timothy E. Kullman,
                               
Executive Vice President, Finance, Administration and Chief Financial Officer
                       
Joseph H. Schmidt,
                               
Executive Vice President and Chief Operating Officer(2)
                       
Gwen K. Manto,
                               
Executive Vice President and Chief Merchandising Officer
                       
Jeffrey R. Hennion,
                               
Executive Vice President and Chief Marketing Officer
                       
Randall K. Zanatta,
                               
President and Chief Executive Officer — Golf Galaxy(3)
    81,830 (3)   $ 679,758       75,000     $ 1,218,000  
 
 
(1) Mr. Stack’s title reverted back to Chairman and Chief Executive Officer, effective February 1, 2009.
 
(2) Mr. Schmidt assumed the title of President and Chief Operating Officer effective February 1, 2009.
 
(3) Mr. Zanatta, who stepped down as President and Chief Executive Officer of Golf Galaxy effective July 18, 2008, exercised stock options for 59,730 shares on August 21, 2008, with a market price of $20.5468 and the following exercise prices: $7.41 (15,440 shares), $8.17 (13,510 shares), $10.37 (13,026 shares), $18.14 (8,104 shares) and $16.91 (9,650 shares); and stock options for 22,100 shares on August 22, 2008, with a market price of $21.6210 and the following exercise prices: $10.37 (4,344 shares), $18.14 (8,106 shares) and $16.91 (9,650 shares).


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Option Exercises And Stock Vested
 
The following table sets forth all options that were exercised by our named executive officers by the Company during fiscal 2007.
                                 
    Option Awards     Stock Awards  
    Number of Shares
                   
    Acquired on
    Value Realized
    Number of Shares
    Value Realized
 
Name
  Exercise (#)
    on Exercise ($)
    Acquired on Vesting (#)
    on Vesting ($)
 
(a)
  (b)     (c)     (d)     (e)  
 
Edward W. Stack,
Chairman and Chief Executive Officer(1)
    2,000,000       52,270,880              
Timothy E. Kullman,
Executive Vice President,
Finance, Administration and
Chief Financial Officer
                       
Michael F. Hines,
Executive Vice President and
Chief Financial Officer(2)
    150,250       1,764,193              
William J. Colombo,
President and
Chief Operating Officer(3)
    400,000       11,000,005              
Gwen K. Manto,
Executive Vice President and
Chief Merchandising Officer
                       
Randall K. Zanatta,
President and Chief
Executive Officer — Golf Galaxy(4)
    57,900       1,444,577              
 
 
(1) Mr. Stack exercised a stock option for 339,000 shares and 1,661,000 shares on July 16, 2007, with an exercise price of $1.08 and $3.00, respectively at a market price of $28.81. All numbers and amounts have been adjusted to reflect the two-for-one stock split effectuated in October 2007.
 
(2) Mr. Hines exercised stock options for 150,250 shares on March 16, 2007, with exercise prices of $12.63 (for 69,000 shares), $17.98 (for 50,000 shares) and $18.95 (for 31,250 shares) at the following market prices: $27.58 (for 1,400 shares), $27.57 (for 3,400 shares), $27.56 (for 5,000 shares), $27.55 (for 11,600 shares), $27.54 (for 200 shares), $27.53 (for 1,000 shares), $27.52 (for 14,800 shares), $27.51 (for 4,400 shares), $27.50 (for 14,000 shares), $27.47 (for 400 shares), $27.46 (for 800 shares), $27.45 (for 21,200 shares), $27.43 (for 1,000 shares), $27.42 (for 9,400 shares), $27.41(for 41,650 shares), and $27.40 (for 20,000 shares). All numbers and amounts have been adjusted to reflect the two-for-one stock split effectuated in October 2007.
 
(3) Mr. Colombo exercised stock options for 36,198 shares on March 22, 2007, with an exercise price of $3.00 and market prices of $28.51 (for 200 shares), $28.505 (for 600 shares) and $28.50 (for 35,398 shares), stock options for 163,802 shares on March 23, 2007, with an exercise price of $3.00 and market price of $28.50, and stock options for 200,000 shares on August 31, 2007, with an exercise price of $3.00 and market price of $32.50. All numbers and amounts adjusted to reflect the two-for-one stock split effectuated in October 2007.
 
(4) Mr. Zanatta exercised stock options for 38,600 shares on March 19, 2007, with an exercise price of $3.89 and market price of $27.375; stock options for 19,300 shares on September 6, 2007, with an exercise price of $5.635 and market prices of $33.505 (for 12,500 shares), $33.515 (for 2,600 shares), $33.53 (for 800 shares) and $33.54 (for 3,400 shares). All numbers and amounts adjusted to reflect the two-for-one stock split effectuated in October 2007.


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