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MTMC » Topics » Options Exercised and Stock Vested Table

This excerpt taken from the MTMC 10-K filed Jun 29, 2007.

Options Exercised and Stock Vested Table

 

 

 

 

 

 

 

 

 

Stock Awards

 

 

 

 

Name

 

Number of Shares
Acquired on
Vesting #

 

Value Realized
on Vesting ($)

 

 

 

 

Francis J. Alfano

 

 

 

 

 

 

Steven Stringer

 

 

 

 

 

 

J.W. Braukman III

 

 

 

 

 

 

Michael El-Hillow

 

35,000

 

$

80,500

 

John F. Kohler

 

 

 

 

 

 

Steven H. Rothman

 

 

 

 

 

 

Options Exercised and Stock Vested Table Narrative.

The vesting of all 414,667 unvested stock options and 8,000 restricted stock units awards held by Mr. Alfano were accelerated following the end of the 2007 fiscal year in connection with the termination of his employment with the Company. Mr. Alfano realized $9,440 in income on April 26, 2007 in connection with the vesting of his restricted stock units.

The vesting of all 35,000 restricted stock units held by Mr. El-Hillow were accelerated during the 2007 fiscal year in connection with the termination of his employment with the Company. In connection with the termination of his employment Mr. El-Hillow forfeited all of his 250,000 stock options.

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