PERY » Topics » Option Grants in Last Fiscal Year

This excerpt taken from the PERY DEF 14A filed May 15, 2006.

Option Grants in Last Fiscal Year

 

The following table sets forth information concerning individual grants of our stock options made during fiscal 2006 to any of the Named Executive Officers.

 

Name


   Number of Securities
Underlying Stock
Options Granted (#)


  

% of Total
Options
Granted To
Employees

In Fiscal
Year


   Exercise
or Base
Price
($/Sh)


   Expiration
Date


   Potential Realizable
Value at Assumed
Annual Rates of
Stock Price
Appreciation for
Stock Option
Terms ($)(1)


               5%

   10%

George Feldenkreis

   0    —      —      —      —      —  

Oscar Feldenkreis

   0    —      —      —      —      —  

George Pita

   0    —      —      —      —      —  

Paul Rosengard

   10,000    7.44    23.86    July 31, 2015    150,054    380,267

Fanny Hanono

   0    —      —      —      —      —  

Douglas Jakubowski

   0    —      —      —      —      —  

Alberto de Cardenas

   0    —      —      —      —      —  

(1) Based upon the exercise price, which was equal to the fair market value on the date of grant, and annual appreciation at the assumed rates stated on such price through the expiration date of the options. Amounts shown represent hypothetical gains that could be achieved for the options if exercised at the end of the term. These amounts have been determined on the basis of assumed rates of appreciation mandated by the Commission and do not represent our estimate or projection of the future stock price. Actual gains, if any, are contingent upon the continued employment of the Named Executive Officer through the expiration date, as well as being dependent upon the general performance of our common stock. The potential realizable values have not taken into account amounts required to be paid for federal income taxes. We did not use an alternative formula for a grant date valuation, an approach which would state gains at present, and therefore lower, value.

 

14


This excerpt taken from the PERY DEF 14A filed May 3, 2005.

Option Grants in Last Fiscal Year

 

The following table sets forth information concerning individual grants of stock options of the Company made during fiscal 2005 to any of the Named Executive Officers.

 

Name


  

Number of Securities
Underlying Stock
Options Granted

(#)(1)


  

% of Total
Options
Granted To
Employees
In Fiscal

Year


  

Exercise
or Base
Price

($/Sh)


  

Expiration

Date


   Potential Realizable
Value at Assumed
Annual Rates of
Stock Price
Appreciation for
Stock Option
Terms ($)(2)


               5%

   10%

George Feldenkreis

   45,000    29.47    24.89    March 3, 2014    704,393    1,785,071

Oscar Feldenkreis

   45,000    29.47    24.89    March 3, 2014    704,393    1,785,071

George Pita

   0    —      —      —      —      —  

Douglas Jakubowski

   0    —      —      —      —      —  

Alberto de Cardenas(1)

   0    —      —      —      —      —  

(1) These options were granted pursuant to our 2002 Equity Compensation Plan. The options became exercisable on the date of grant.

 

(2) Based upon the exercise price, which was equal to the fair market value on the date of grant, and annual appreciation at the assumed rates stated on such price through the expiration date of the options. Amounts shown represent hypothetical gains that could be achieved for the options if exercised at the end of the term. These amounts have been determined on the basis of assumed rates of appreciation mandated by the Commission and do not represent our estimate or projection of the future stock price. Actual gains, if any, are contingent upon the continued employment of the Named Executive Officer through the expiration date, as well as being dependent upon the general performance of our common stock. The potential realizable values have not taken into account amounts required to be paid for federal income taxes. We did not use an alternative formula for a grant date valuation, an approach which would state gains at present, and therefore lower, value.

 

14


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