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GOOG » Topics » Option Exercises and Stock Vested in Fiscal 2008

This excerpt taken from the GOOG DEF 14A filed Mar 24, 2009.

Option Exercises and Stock Vested in Fiscal 2008

The following table provides information for the named executive officers on stock option exercises during 2008, including the number of shares acquired upon exercise and the value realized, before payment of any applicable withholding tax and broker commissions.

 

     Option Awards    Stock Awards

Name

    Number of Shares
Acquired on Exercise
(#)		    Value Realized on
Exercise(1) ($)		    Number of Shares
Acquired on Vesting
(#)		    Value Realized on
Vesting(2) ($)

Eric Schmidt

    —      —      —      —  

Larry Page

    —      —      —      —  

Sergey Brin

    —      —      —      —  

George Reyes

    11,500    5,651,102    6,562    3,024,889

Patrick Pichette

    —      —      —      —  

Jonathan Rosenberg

    13,313    6,402,878    8,750    4,033,463

Alan Eustace

    18,000    9,249,807    8,750    4,033,463

David Drummond

    19,672    8,883,415    6,562    3,024,889

 

57

Table of Contents

 

(1)

The value realized on exercise is calculated as the difference between the actual sales price of the shares underlying the options exercised and the applicable exercise price of those options.

(2)

The value realized on vesting is calculated based on the closing sales price of the underlying stock on The NASDAQ Global Select Market on the day before vesting.

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