SMG » Topics » Option Exercises and Stock Vested for 2008 Fiscal Year
This excerpt taken from the SMG DEF 14A filed Dec 19, 2008.
Option
Exercises and Stock Vested for 2008 Fiscal Year
Option Awards
Stock Awards
Number of Shares
Number of Shares
Acquired on
Value Realized
Acquired on
Value Realized
Name
Exercise
on Exercise
Vesting
on Vesting
(a)
(#)(b)
($)(c)
(#)(d)
($)(e)
James Hagedorn
107,071
(1)
1,603,765
(2)
26,600
(3)
970,368
(5)
David C. Evans
0
0
0
0
Barry W. Sanders
0
0
5,038
(4)
134,061
(6)
Claude L. Lopez
21,411
(1)
364,619
(2)
0
0
Denise S. Stump
2,000
(1)
36,789
(2)
1,000
(3)
36,480
(5)
(1)
Reflects the number of Common Shares acquired upon exercise of
NSOs by each NEO during the 2008 fiscal year.
(2)
Reflects the value realized upon exercise of NSOs and/or SARs by
each NEO during the 2008 fiscal year. The value realized upon
exercise of an NSO and/or SAR is calculated based on the excess
of the closing price of one Common Share on NYSE on the date of
exercise over the exercise price of the NSO and/or SAR,
multiplied by the number of Common Shares acquired upon
exercise. The value reported for Mr. Lopez is in U.S.
dollars.
(3)
Reflects the number of Common Shares acquired by each NEO upon
vesting of the related shares of restricted stock during the
2008 fiscal year.
(4)
Reflects the number of performance shares earned with respect to
the 2008 fiscal year. A detailed description of the performance
shares and the performance criteria for the 2008 fiscal year is
provided in the section captioned Our Compensation
Practices Setting Compensation Levels for Other
NEOs within the CD&A.
(5)
Reflects the value realized upon the vesting of shares of
restricted stock for each NEO during the 2008 fiscal year. The
value realized upon the vesting of restricted stock is
calculated by multiplying the number of Common Shares underlying
the vested shares of restricted stock by the closing price of
the underlying Common Shares on NYSE on the vesting date.
(6)
Reflects the value realized upon the performance share
settlement date for Mr. Sanders during the 2008 fiscal
year. The value realized upon settlement of the performance
shares is calculated by multiplying the number of Common Shares
underlying the settled performance shares by the closing price
of the underlying Common Shares on NYSE on the November 5,
2008 settlement date.