XOM » Topics » Option Exercises and Stock Vested for 2008

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

Option Exercises and Stock Vested for 2008

 

 

Name   Option Awards   Stock Awards
 

Number of Shares

Acquired on Exercise

(#)

 

Value Realized

on Exercise

($)

 

Number of Shares
Acquired on Vesting

(#)

 

Value Realized

on Vesting

($)

R.W. Tillerson

  0   0   53,500   4,215,265

D.D. Humphreys

  20,000   997,575   18,350   1,445,797

H.R. Cramer

  71,964   3,838,920   31,350   2,470,067

C.W. Matthews

  110,000   5,417,538   20,350   1,603,377

S.D. Pryor

  172,838   8,704,641   33,950   2,674,921

J.S. Simon

  39,137   2,044,519   36,700   2,891,593

M.E. Foster

  0   0   20,350   1,603,377

Option Awards

 

Ÿ  

The value realized on option awards represents the difference between the option exercise price and the market price of ExxonMobil stock on date of exercise.

 

Ÿ  

The net number of shares acquired as a result of all exercises during 2008: 1,135 for Mr. Matthews; 6,858 for Mr. Pryor; and 21,062 for Mr. Simon.

Stock Awards/Restriction Lapse in 2008

 

Ÿ  

Restrictions lapsed on 50 percent of stock awards that were granted in 2003.

 

Ÿ  

The number of shares acquired on vesting is the gross number of shares to which the award relates.

 

Ÿ  

The value realized is the gross number of shares times the market price, which is the average of the high and low sale prices on the NYSE on the date that restrictions lapse.

 

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Table of Contents
Index to Financial Statements
Ÿ  

The net number of shares acquired (gross number of shares less shares withheld for taxes): 33,999 for Mr. Tillerson; 11,661 for Mr. Humphreys; 18,120 for Mr. Cramer; 12,932 for Mr. Matthews; 21,575 for Mr. Pryor; 23,322 for Mr. Simon; and 12,932 for Mr. Foster.

 

Ÿ  

Refer to pages 25-27 for information on restricted stock awards.

Career Shares Distribution

 

Ÿ  

Messrs. Simon and Foster received their Career Shares (less shares withheld for taxes) in January 2009, as described beginning on page 26.

 

Ÿ  

All other shares granted to Messrs. Simon and Foster from 2002 through 2007 remain restricted, except for 50 percent of the 2002 and 2003 grants on which restrictions lapsed in 2007 and 2008 respectively, as described above.

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