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GIS » Topics » OPTION EXERCISES AND STOCK VESTED FOR FISCAL 2008

This excerpt taken from the GIS DEF 14A filed Aug 12, 2008.
OPTION EXERCISES AND STOCK VESTED FOR FISCAL 2008
 
                                 
    Option Awards     Stock Awards  
    Number of
 		          Number of
 		       
    Shares
 		    Value
 		    Shares
 		    Value
 		 
    Acquired on
 		    Realized on
 		    Acquired on
 		    Realized on
 		 
    Exercise
 		    Exercise(1)
 		    Vesting(2)
 		    Vesting(2)(3)
 		 
Name   (#)     ($)     (#)     ($)  
   
 
S.W. Sanger
    499,676       12,777,971       215,825       13,106,352  
K.J. Powell
    40,402       810,344       7,070       422,833  
J.A. Lawrence
    —       —       64,330       3,731,341  
D.L. Mulligan
    —       —       8,044       460,738  
R.G. Darcy
    85,148       2,057,546       8,940       534,667  
J.J. Rotsch
    85,524       1,838,228       8,753       523,197  
I.R. Friendly
    —       —       7,763       464,482  
(1)  Value realized equals the closing sales price of our common stock on the New York Stock Exchange on the exercise date, less the exercise price, multiplied by the number of shares exercised.
 
(2)  Mr. Rotsch and Mr. Friendly deferred all shares acquired on vesting of their stock awards. Mr. Sanger deferred 52,043 shares acquired ($3,100,910 realized) on vesting of his stock award. For more information on the terms of deferral, see Nonqualified Deferred Compensation.
 
    For Mr. Sanger, includes 163,782 shares acquired ($10,005,442 realized) on vesting of restricted stock units upon retirement.

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Table of Contents

 
    For Mr. Lawrence, includes 59,463 shares acquired ($3,432,799 realized) on vesting of restricted stock units upon retirement.
 
(3)  Value realized equals the closing sales price of our common stock on the New York Stock Exchange on the vesting date multiplied by the number of restricted shares or units vested.
 

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