PMTI » Topics » Equity Compensation Plan Information

This excerpt taken from the PMTI DEF 14A filed Apr 10, 2009.

Equity Compensation Plan Information

                The following table sets forth additional information as of December 31, 2008, about shares of our common stock that may be issued upon the exercise of options and other rights under our existing equity compensation plans and arrangements, divided between plans approved by our stockholders and plans or arrangements that were not required to be and were not submitted to our stockholders for approval.


(a)
(b)
(c)
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 (excluding securities reflected in column (a))
Equity compensation plans                
approved by security holders    4,025,799   $ 14 .98  385,160  
Equity compensation plans  
not approved by security holders    10,000     2 .81  --



Total    4,035,799   $ 14 .95  385,160  

12


This excerpt taken from the PMTI DEF 14A filed Apr 9, 2008.

Equity Compensation Plan Information

        The following table sets forth additional information as of December 31, 2007, about shares of our common stock that may be issued upon the exercise of options and other rights under our existing equity compensation plans and arrangements, divided between plans approved by our stockholders and plans or arrangements that were not required to be and were not submitted to our stockholders for approval.

9


(a)
(b)
(c)
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 (excluding
securities reflected in
column (a))

Equity compensation plans                
    approved by security holders    3,957,989 (1) $ 16 .19  598,535  
Equity compensation plans  
    not approved by security holders    75,000   $ 2 .76  --  



Total    4,032,989   $ 15 .94  598,535  

(1)  

Includes 1,365,000 unvested performance based options, consisting of 775,000 options that only vest upon the Launch Decision, and 590,000 options that only vest twelve months after the Launch Decision. Launch Decision is defined in our Development and License Agreement with Gillette dated February 14, 2003 and as amended to mean that Gillette has elected to continue commercialization of products under that agreement by or before February 29, 2008. As a Launch Decision did not occur under the Development and License Agreement on February 29, 2008, the 1,365,000 performance based stock options which remained outstanding were cancelled. Also on February 29, 2008, the Company granted 1,315,000 stock options to executives, directors and employees.


This excerpt taken from the PMTI DEF 14A filed Mar 21, 2007.

Equity Compensation Plan Information

        The following table sets forth additional information as of December 31, 2006, about shares of our common stock that may be issued upon the exercise of options and other rights under our existing equity compensation plans and arrangements, divided between plans approved by our stockholders and plans or arrangements that were not required to be and were not submitted to our stockholders for approval.


(a)
(b)
(c)
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 (excluding
securities reflected in
column (a))

       
Equity compensation plans      
approved by security holders 3,822,367(1) $     16.07 75,035 
       
Equity compensation plans
not approved by security
holders 75,000     $       2.76 -0- 

Total 3,897,367     $     16.04 75,035 

(1)  

Includes 1,365,000 unvested performance based options, consisting of 775,000 options that will only vest upon the Launch Decision, and 590,000 options that will only vest twelve months after the Launch Decision. Launch Decision is defined in our Development and License Agreement with Gillette dated February 14, 2003 to mean that Gillette has elected to continue commercialization of products under that agreement by or before January 7, 2008.


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