HSC » Topics » 2008 Option Exercises and Stock Vested

This excerpt taken from the HSC DEF 14A filed Mar 19, 2009.
2008 Option Exercises and Stock Vested
 
                                 
    Option Awards     Stock Awards  
    Number of Shares
    Value Realized
    Number of Shares
    Value Realized
 
    Acquired on
    on Exercise
    Acquired on
    on Vesting
 
Name
  Exercise (#)     ($)     Vesting (#)     ($)(1)  
 
S. D. Fazzolari
    -0-       -0-       15,333       762,987  
S. J. Schnoor
    -0-       -0-       3,667       182,778  
G. D. H. Butler
    -0-       -0-       15,333       762,987  
R. C. Neuffer
    -0-       -0-       4,167       206,683  
M. E. Kimmel
    -0-       -0-       5,833       286,367  
 
(1) One hundred percent of the RSUs granted in 2005 vested on January 24, 2008 and one-third of the RSUs granted in 2007 vested on January 23, 2008. The fair market value of the 2005 grant was $50.80 per share on the vesting date, based on the average of the high and low sales price of our common stock on January 24, 2008. The fair market value of the portion of the 2007 grant that vested in 2008 was $47.81 per share on the vesting date, based on the average of the high and low sales price of our common stock on January 23, 2008.
 
2007 Option Exercises and Stock Vested
 
                                 
    Option Awards   Stock Awards
    Number of Shares
  Value Realized
  Number of Shares
  Value Realized
    Acquired on
  on Exercise
  Acquired on
  on Vesting
Name
  Exercise (#)   ($)(1)   Vesting (#)   ($)
 
D. C. Hathaway
    280,000       11,547,952       -0-       -0-  
S. D. Fazzolari
    -0-       -0-       -0-       -0-  
S. J. Schnoor
    -0-       -0-       -0-       -0-  
G. D. H. Butler
    30,000       1,254,245       -0-       -0-  
R. C. Neuffer
    2,400       79,513       -0-       -0-  
M. E. Kimmel
    -0-       -0-       -0-       -0-  
 
(1) Represents the difference between the exercise price and the market price of our common stock on the date of exercise.


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2006 Option Exercises and Stock Vested
 
                                 
    Option Awards     Stock Awards  
    Number of Shares
          Number of Shares
    Value Realized on
 
    Acquired on
    Value Realized on
    Acquired on Vesting
    Vesting
 
Name
  Exercise (#)     Exercise ($)(1)     (#)     ($)  
 
D. C. Hathaway
    100,000       4,585,235       -0-       -0-  
G. D. H. Butler
    -0-       -0-       -0-       -0-  
S. D. Fazzolari
    28,000       1,183,782       -0-       -0-  
R. C. Neuffer
    -0-       -0-       -0-       -0-  
M. E. Kimmel
    -0-       -0-       -0-       -0-  
 
(1) Represents the difference between the exercise price and the market price of our common stock on the date of exercise.


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