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SWY » Topics » OPTION GRANTS IN 2004 FISCAL YEAR

This excerpt taken from the SWY DEF 14A filed Apr 12, 2005.

OPTION GRANTS IN 2004 FISCAL YEAR

 

The following table provides information on option grants in fiscal 2004 by the Company to the named executive officers.

 

Name

   

Number of

Securities
Underlying

Options
Granted(1)

     Percentage
of total
Options
Granted to
Employees in
Fiscal Year(3)
    

Exercise
Price

($/share)

   

Expiration

Date

    Potential Realizable Value at
Assumed Annual Rates of
Stock Price Appreciation for
Options Term
               5%
    10%

Steven A. Burd

    0                               

Brian C. Cornell

    600,000 (1)   9.78 %   22.78    5/4/2010    $ 2,156,534    $ 4,528,859

Robert L. Edwards

    400,000 (2)   6.52 %   20.02    3/25/2010    $ 2,215,195    $ 4,895,701

Bruce L. Everette

    0                               

Larree M. Renda

    0                               
(1) Exercisable in annual increments of 33 1/3% beginning on the first anniversary of the grant date.
(2) Exercisable in annual increments of 20% beginning on the first anniversary of the grant date.
(3) In fiscal 2004, Safeway granted options to employees to purchase approximately 6,132,326 shares.

 

"OPTION GRANTS IN 2004 FISCAL YEAR" elsewhere:

MedcoHealth Solutions (MHS)
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