LLTC » Topics » OPTION EXERCISES AND STOCK VESTED For Fiscal Year Ended July 1, 2007
This excerpt taken from the LLTC DEF 14A filed Sep 26, 2007.
OPTION EXERCISES AND STOCK
VESTED For Fiscal Year Ended July 1, 2007
The
following tables show for the fiscal year ended July 1, 2007 certain information
regarding options exercised by the Named Executive Officers:
Option Awards
Stock Awards
Number of Shares
Value Realized on
Number of Shares
Value Realized on
Name of Executive
Officer
Acquired on Exercise (#)
Exercise (1)($)
Acquired on Vesting (#)
Vesting (2)($)
Robert H. Swanson
200,000
$
4,776,363
10,000
$
355,839
Lothar
Maier
--
--
11,000
355,839
Paul Coghlan
--
--
25,084
837,111
Robert C.
Dobkin
--
--
23,334
769,500
Donald E. Paulus
--
--
11,084
352,978
____________________
(1)
Value Realized on
Exercise for Option Awards equals the difference between the option
exercise price and the fair market value of the Company's common stock on
the date of exercise, multiplied by the number of shares for which the
option was exercised.
(2)
Value Realized on
Vesting for Stock Awards equals the fair market value of the Company's
common stock on the vesting date, multiplied by the number of shares that
vested on that date.
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