GVHR » Topics » 2007 Outstanding Equity Awards at Fiscal Year-End

This excerpt taken from the GVHR DEF 14A filed Apr 17, 2008.

2007 Outstanding Equity Awards at Fiscal Year-End

        The following table sets forth information regarding the number of shares of unexercised stock options and the number of shares and value of restricted stock outstanding on December 31, 2007 for our executive officers named in the 2007 Summary Compensation Table. Mr. Grabowski did not have any outstanding equity awards on December 31, 2007.


 
  Option Awards
  Stock Awards

Name
  Grant Date
  Number of
Securities
Underlying
Options
Exercisable
(#)

  Number of
Securities
Underlying
Unexercised
Options
Unexercisable
(#)

  Option
Exercise
Price ($)

  Option
Expiration
Date

  Grant Date
  Number of
Shares or
Units of
Stock That
Have Not
Vested (#)(1)

  Market
Value of
Shares or
Units of
Stock That
Have Not
Vested ($)(2)


Garry J. Welsh   8/06/2007 (3)     60,000   $ 14.07   8/06/2017   8/06/2007(3)   15,000   $ 115,350

James E. Hardee   8/15/2007 (3)     45,000   $ 12.58   8/15/2017   8/15/2007(3)   12,500   $ 96,125

Clifford M. Sladnick   7/11/2005
2/22/2006
4/10/2007
(4)
(5)
(3)
37,500
4,997
  37,500
14,992
26,415
  $
$
$
21.22
29.22
19.32
  7/11/2015
2/22/2016
4/10/2017
 

7/11/2005(4)
 

12,500
 

$


96,125

Paul E. Benz   7/03/2006 (5) 12,500   37,500   $ 26.44   7/03/2016   7/01/2006(5)   1,875   $ 14,419

Erik Vonk   3/21/2002
5/30/2002
12/15/2003
2/15/2005
2/22/2006
  100,000
900,000
68,181
57,937
34,762
      $
$
$
$
$
3.02
3.90
21.85
21.14
29.22
  10/18/2008
10/18/2008
10/18/2009
10/18/2009
10/18/2009
             

(1)
Restricted stock awards are entitled to dividends declared by us under the terms of the restricted stock grants.

(2)
All amounts are as of December 31, 2007 and dollar values are based on the closing price of our common stock on December 31, 2007 of $7.69.

(3)
The unexercisable option awards and restricted stock awards will vest ratably over the next four years on the anniversary date of the grant.

(4)
The unexercisable option awards and restricted stock awards will vest ratably over the next two years on the anniversary date of the grant.

(5)
The unexercisable option awards and restricted stock awards will vest ratably over the next three years on the anniversary date of the grant

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