SATC » Topics » EQUITY COMPENSATION PLAN INFORMATION

This excerpt taken from the SATC DEF 14A filed Jan 30, 2006.
EQUITY COMPENSATION PLAN INFORMATION

 

 

(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

 

 

3,657,095

 

 

 

$

3.91

 

 

 

1,980,811

(1)

 

Equity compensation plans not approved by security holders

 

 

21,000

(2)

 

 

$

17.56

 

 

 

 

 

Total

 

 

3,678,095

 

 

 

$

4.04

 

 

 

1,980,811

(1)

 


(1)          Includes 150 shares of Common Stock issuable under the Corporation’s 1996 Stock Incentive Plan, 68 shares of Common Stock issuable under the Corporation’s 1998 Stock Incentive Plan, 48,359 shares of Common Stock issuable under the Corporation’s 1999 Stock Incentive Plan, 23,400 shares of Common Stock issuable under the Corporation’s 2000 Stock Incentive Plan, 33,834 shares of Common Stock issuable under the Corporation’s 2002 Stock Incentive Plan and 1,875,000 shares of Common Stock issuable under the Corporations 2005 Stock Incentive Plan.

(2)          Consists of 21,000 shares of Common Stock issuable upon exercise of option grants issued outside of existing stock option plans to non-executive employees. These options were issued on January 19, 2000 at an exercise price of $17.563 per share and expire on January 19, 2010. The right to exercise these options vested in equal annual installments over the four-year period from the date of initial grant. These options must be exercised within 90 days after an employee’s termination or they expire. The other terms of these options are substantially similar to those of non-statutory stock options issued under the Corporation’s shareholder-approved 1999 Stock Incentive Plan.

This excerpt taken from the SATC 10-K filed Jan 28, 2005.

EQUITY COMPENSATION PLAN INFORMATION

 

 

 

(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

 

2,040,294

 

$

6.18

 

1,775,878

(1)

Equity compensation plans not approved by security holders

 

21,000

(2)

$

17.56

 

195,000

(3)

Total

 

2,061,294

 

$

6.30

 

1,970,878

(1)(3)

 


(1)                                  Includes 41,317 shares of the Common Stock issuable under the Corporation’s 1996 Stock Option Plan, 40,068 shares of the Common Stock issuable under the Corporation’s 1998 Stock Incentive Plan, 373,493 shares of the Common Stock issuable under the Corporation’s 1999 Stock Incentive Plan, 720,500 shares of the Common Stock

 

8



 

issuable under the Corporation’s 2000 Stock Incentive Plan and 600,500 shares of the Common Stock issuable under the Corporation’s 2002 Stock Incentive Plan.

 

(2)                                  Includes 21,000 shares of the Common Stock issuable upon exercise of option grants issued outside of existing stock option plans to non-executive employees. These options were issued on January 19, 2000 at an exercise price of $17.563 per share and expire on January 19, 2010. The right to exercise these options vested in equal annual installments over the four-year period from the date of initial grant. These options must be exercised within 90 days after an employee’s termination or they expire.

 

(3)                                  Includes 195,000 shares of the Common Stock issuable outside of existing stock option plans.

 

On January 19, 2000, the Board granted to four of the Corporation’s employees options exercisable in the aggregate of up to 216,000 shares of Common Stock outside of the Corporation’s stockholder-approved equity compensation plans. The terms of these options are substantially similar to those of non-statutory stock options issued under the Corporation’s shareholder-approved 1999 Stock Incentive Plan.

 

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