This excerpt taken from the PBG DEF 14A filed Mar 31, 2006.
Option Grants in Last Fiscal Year
Individual Grants
% of Total
Number of
Options
Potential Realizable Value at
Securities
Granted
Assumed Annual Rates of
Under-
to
Exercise
Stock Price Appreciation
lying
Employees
Or Base
For Option Term
Options
In Fiscal
Price
Expiration
Name
Granted(#)
Year(1)
($/Sh)
Date
5%($)(2)
10%($)(2)
John T. Cahill
621,239
(3)
7.9
%
$
28.25
02/28/2015
$
11,037,102
$
27,970,183
Eric J. Foss
212,389
(3)
2.7
%
28.25
02/28/2015
3,773,361
9,562,438
Yiannis Petrides
126,018
(3)
1.6
%
28.25
02/28/2015
2,238,870
5,673,737
Rogelio Rebolledo
0
(4)
0
%
0
0
0
Gary Wandschneider
120,354
(3)
1.5
%
28.25
02/28/2015
2,138,242
5,418,725
(1)
Approximately 7.9 million options to
purchase PBG Common Stock were granted primarily to key
employees in 2005. This amount also included broad-based grants
to non-executive employees.
(2)
The 5% and 10% rates of appreciation are based on
a ten-year option term and were specified by the SEC. These
rates are not intended to forecast future appreciation, if any,
of PBG Common Stock.
(3)
Amounts reflect a standard annual stock option
award that vests and becomes exercisable as follows: 25% on
March 30, 2006; 25% on March 30, 2007; and 50% on
March 30, 2008.
(4)
Mr. Rebolledo received a one-time, long-term
incentive award in 2004 in connection with his appointment as
President and Chief Executive Officer of PBG Mexico and was not
eligible to receive the standard annual stock option award in
2005.