GPRO » Topics » Option Exercises and Stock Vested in Fiscal 2006
This excerpt taken from the GPRO DEF 14A filed Apr 26, 2007.
Exercises and Stock Vested in Fiscal 2006
Henry L. Nordhoff
Daniel L. Kacian,
Larry T. Mimms, Ph.D.
Diana De Walt
R. William Bowen
Niall M. Conway
Effective April 16, 2007, Dr. Mimms and the Company
entered into an agreement whereby Dr. Mimms resigned from
his employment with the Company.
The value is the difference between the option exercise price
and the market price of the underlying shares multiplied by the
number of shares covered by the option.
The number of shares of restricted stock for which the
restrictions lapsed. For Mr. Nordhoff, these shares are
comprised of Deferred Issuance Restricted Stock Awards that have
vested, but not yet been received/earned.
The value is the fair market value of the underlying shares on
the vesting date multiplied by the number of shares covered by
"Option Exercises and Stock Vested in Fiscal 2006" elsewhere: