LLTC » Topics » GRANTS OF PLAN-BASED AWARDS For Fiscal Year Ended June 29, 2008

This excerpt taken from the LLTC DEF 14A filed Sep 23, 2008.

GRANTS OF PLAN-BASED AWARDS
For Fiscal Year Ended June 29, 2008

     The following table shows for the fiscal year ended June 29, 2008 certain information regarding stock awards granted to the Named Executive Officers.

All Other Stock Awards:  Grant Date Fair Value of 
Number of Shares of  Stock and Option 
Name      Grant Date      Stock or Units (#) (1)       Awards ($) (2) 
Robert H. Swanson Jr. 4/17/2008 60,000 $2,004,000
Lothar Maier    10/18/2007   75,000 2,550,000
Paul Coghlan  7/26/2007 25,000   912,975
10/18/2007 25,000 850,000  
Donald E. Paulus 10/18/2007 15,000   510,000  
Robert C. Dobkin 7/26/2007 13,335 486,980
10/18/2007 13,335 453,390
____________________
 
(1) Awards shown in this column are shares of restricted stock. The Company did not grant any stock options in fiscal 2008 to executive officers.
(2)       The grant date fair value of stock awards is based on the fair market value of the Company’s common stock on the grant date as determined pursuant to FAS 123R. The value that is placed on a stock award on the grant date could be different than the actual value of the award, which will depend on the fair market value of the Company’s common stock when the award vests.

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