This excerpt taken from the XIDE DEF 14A filed Jul 28, 2008.
2008 GRANTS OF PLAN-BASED AWARDS TABLE
The following table provides information regarding equity and
non-equity awards granted to the named executive officers in
Estimated Future Payouts
All Other Stock Awards:
Incentive Plan Awards(2)
Number of Shares of
Stock or Units
Gordon A. Ulsh
Francis M. Corby, Jr.
Edward J. OLeary
Mitchell S. Bregman
Joel M. Campbell
Phillip A. Damaska
On March 22, 2007, the Board approved the grant of certain
stock awards, which were granted in the form of RSUs, and option
awards to the named executive officers as compensation for
fiscal 2008. Because these awards were granted in fiscal 2007,
they were reported in the Companys 2007 proxy statement.
The columns illustrate the potential value of payments under the
fiscal 2008 EP Plan approved by the Board on March 22,
2007. Payments for the EP Plan are calculated based on the
assumption that threshold and target goals are satisfied, but no
maximum payment is provided, as awards are uncapped.
Additionally, awards are based upon consolidated corporate
results and, with regard to Messrs. Bregman and Campbell,
their respective divisions performance. Performance unit
cash awards are calculated based on the assumption that
threshold, target or maximum goals are satisfied for the metrics
established at the time of grant. For additional information
regarding the EP Plan refer to pages
19-20 of our
This column shows the number of restricted shares granted in
fiscal 2008 to the named executive officers.
Mr. Corbys award vested on March 31, 2008 in
connection with the termination of his employment at the end of
the term of his employment agreement. Mr. Damaskas
award will vest ratably over a five-year period beginning
June 29, 2008.