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LLTC » Topics » OPTION EXERCISES AND STOCK VESTED For Fiscal Year Ended June 29, 2008

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

OPTION EXERCISES AND STOCK VESTED
For Fiscal Year Ended June 29, 2008

     The following table shows for the fiscal year ended June 29, 2008 certain information regarding options exercised by and stock awards vesting with respect to, 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 300,000       $6,145,050   20,000     $608,080  
Lothar Maier    --     -- 21,000   756,629
Paul Coghlan    180,000 3,337,787   25,083 887,977
Robert C. Dobkin   380,000   6,543,784 23,333 828,251
Donald E. Paulus -- -- 16,218 562,144
____________________
 
(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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"OPTION EXERCISES AND STOCK VESTED For Fiscal Year Ended June 29, 2008" elsewhere:

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