NFLX » Topics » Equity Compensation Plan Information

This excerpt taken from the NFLX DEF 14A filed Apr 6, 2009.

Equity Compensation Plan Information

 

The following table summarizes the Company’s equity compensation plans as of December 31, 2008:

 

    Number of securities
to be issued upon
exercise of
outstanding options,
warrants and rights


  Weighted-average
exercise price of
outstanding
options, warrants
and rights


  Number of securities
remaining available

for future issuance
under equity
compensation plans
(excluding securities
reflected in column (a))


 

Plan category


  (a)

  (b)

  (c)(1)

 

Equity compensation plans or arrangements approved by security holders

  4,675,516   $ 21.37   5,823,446 (2)(3)

Equity compensation plans or arrangements not approved by security holders

  689,500   $ 1.50   —   (4)
   
       

Total

  5,365,016   $ 18.81   5,823,446  
   
       


(1)   Excludes securities reflected in column entitled “Number of securities to be issued upon exercise of outstanding options, warrants and rights.”

 

(2)   Includes 2,630,931 shares of the Company’s common stock reserved under its 2002 Employee Stock Purchase Plan, as amended, for future issuance.

 

(3)   The Company’s 2002 Employee Stock Purchase Plan provides for annual increases in the number of shares available for issuance on the first day of each year equal to the lesser of: (i) 666,666 shares, (ii) 2% of the outstanding shares of the Company’s common stock on such date, or (iii) such other amount as determined by the Board.

 

(4)   Reflects two grants of stock options made, respectively, on July 18, 2001 and February 27, 2002, to Reed Hastings, the Company’s Chief Executive Officer, President and Chairman of the Board, exercisable for shares of the Company’s common stock pursuant to Stand-Alone Stock Option Agreements. Options are currently fully vested and are exercisable, at a price of $1.50 (adjusted for stock splits), until the earlier of three months following termination of service or ten years from the grant date. The Stand-Alone Stock Option Agreements are filed as Exhibits 10.6 and 10.7, respectively, to the Company’s Registration Statement on Form S-8 filed with the Securities and Exchange Commission on May 24, 2002.

 

This excerpt taken from the NFLX DEF 14A filed Apr 2, 2008.

Equity Compensation Plan Information

 

The following table summarizes the Company’s equity compensation plans as of December 31, 2007:

 

     Number of securities
to be issued upon
exercise of
outstanding options,
warrants and rights


   Weighted-average
exercise price of
outstanding
options, warrants
and rights


   Number of securities
remaining available
for future issuance
under equity
compensation plans
(excluding securities
reflected in column (a))


 

Plan category


   (a)

   (b)

   (c) (1)

 

Equity compensation plans or arrangements approved by security holders

   4,762,138    $ 19.17    6,625,797 (2)(3)

Equity compensation plans or arrangements not approved by security holders

   857,500    $ 1.50    —   (4)
    
         

Total

   5,619,638    $ 16.47    6,625,797  
    
         


(1)   Excludes securities reflected in column entitled “Number of securities to be issued upon exercise of outstanding options, warrants and rights.”

 

(2)   Includes 2,630,931 shares of the Company’s common stock reserved under its 2002 Employee Stock Purchase Plan, as amended, for future issuance.

 

(3)   The Company’s 2002 Employee Stock Purchase Plan provides for annual increases in the number of shares available for issuance on the first day of each year equal to the lesser of: (i) 666,666 shares, (ii) 2% of the outstanding shares of the Company’s common stock on such date, or (iii) such other amount as determined by the Board.

 

(4)   Reflects two grants of stock options made, respectively, on July 18, 2001 and February 27, 2002, to Reed Hastings, the Company’s Chief Executive Officer, President and Chairman of the Board, exercisable for shares of the Company’s common stock pursuant to Stand-Alone Stock Option Agreements. Options are currently fully vested and are exercisable, at a price of $1.50 (adjusted for stock splits), until the earlier of three months following termination of service or ten years from the grant date. The Stand-Alone Stock Option Agreements are filed as Exhibits 10.6 and 10.7, respectively, to the Company’s Registration Statement on Form S-8 filed with the Securities and Exchange Commission on May 24, 2002.

 

This excerpt taken from the NFLX DEF 14A filed Mar 27, 2007.

Equity Compensation Plan Information

 

The following table summarizes the Company’s equity compensation plans as of December 31, 2006:

 

Plan category


  

Number of securities
to be issued upon
exercise of
outstanding

options, warrants
and rights


   Weighted-average
exercise price of
outstanding
options, warrants
and rights


  

Number of securities
remaining available
for future issuance
under equity
compensation

plans (1)


 

Equity compensation plans or arrangements approved by security holders

   4,465,953    $ 17.05    7,774,865 (2)(3)

Equity compensation plans or arrangements not approved by security holders (4)

   987,500    $ 1.50    —    
    
         

Total

   5,453,453    $ 14.23    7,774,865  
    
         


(1)   Excludes securities reflected in column entitled “Number of securities to be issued upon exercise of outstanding options, warrants and rights.”

 

(2)   Includes 2,169,681 shares of the Company’s common stock reserved under its 2002 Employee Stock Purchase Plan, as amended, for future issuance.

 

(3)   The Company’s 2002 Employee Stock Purchase Plan provides for annual increases in the number of shares available for issuance on the first day of each year equal to the lesser of: (i) 666,666 shares, (ii) 2% of the outstanding shares of the Company’s common stock on such date, or (iii) such other amount as determined by the Board.

 

26


(4)   Reflects two grants of stock options made, respectively, on July 18, 2001 and February 27, 2002, to Reed Hastings, the Company’s Chief Executive Officer, President and Chairman of the Board, exercisable for shares of the Company’s common stock pursuant to Stand-Alone Stock Option Agreements. Options are currently fully vested and are exercisable, at a price of $1.50 (adjusted for stock splits), until the earlier of three months following termination of service or ten years from the grant date. The Stand-Alone Stock Option Agreements are filed as Exhibits 10.6 and 10.7, respectively, to the Company’s Registration Statement on Form S-8 filed with the Securities and Exchange Commission on May 24, 2002.

 

This excerpt taken from the NFLX DEF 14A filed Mar 31, 2006.

Equity Compensation Plan Information

 

The following table summarizes the Company’s equity compensation plans as of December 31, 2005:

 

Plan Category


  

(a)

Number of Securities
to be Issued upon
Exercise of
Outstanding
Options,
Warrants and Rights


  

(b)

Weighted-Average
Exercise Price of
Outstanding
Options, Warrants
and Rights


  

(c)

Number of Securities
Remaining Available for
Future Issuance
under Equity
Compensation Plans
(Excluding Securities
Reflected in Column (a))


 

Equity compensation plans or arrangements approved by security holders

   13,835,542    $ 5.28    6,464,209 (1)(2)

Equity compensation plans or arrangements not approved by security holders

   1,117,500    $ 1.50     
    
         

Total

   14,953,042    $ 5.00    6,464,209  
    
         


(1)   This number of shares includes 1,881,376 shares of the Company’s common stock reserved under its 2002 Employee Stock Purchase Plan for future issuance.

 

(2)   The Company’s 2002 Stock Plan provides for annual increases in the number of shares available for issuance on the first day of each year equal to the lesser of: (i) 2,000,000 shares, (ii) 5% of the outstanding shares of the Company’s common stock on such date, or (iii) such other amount as determined by the Board. The 2002 Stock Plan is subject to amendment and restatement as described in this Proxy. The Company’s 2002 Employee Stock Purchase Plan provides for annual increases in the number of shares available for issuance on the first day of each year equal to the lesser of: (i) 666,666 shares, (ii) 2% of the outstanding shares of the Company’s common stock on such date, or (iii) such other amount as determined by the Board.

 

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki