SBAC » Topics » Equity Compensation Plan Information

This excerpt taken from the SBAC DEF 14A filed Apr 4, 2008.

Equity Compensation Plan Information

As required by SEC rules, the following table summarizes information with respect to our compensation plans under which our equity securities are authorized for issuance as of December 31, 2007 (numbers in thousands, except for weighted–average exercise price):

 

Plan Category

   Number of
Securities to be

Issued Upon
Exercise of
Outstanding
Options, Warrants

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

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

(a))(1)
(c)

Equity compensation plans approved by security holders

   3,787    $ 15.67    7,697

Equity compensation plans not approved by security holders

   —        —      —  
                

Total

   3,787    $ 15.67    7,697
                

 

(1) The maximum number of shares of Class A common stock that may be issued pursuant to awards under the 2001 Equity Participation Plan shall be 15% of the “adjusted common stock outstanding” as defined in the 2001 Equity Participation Plan, subject to certain limitations for specific types of awards.
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