SURW » Topics » Equity Compensation Plan Information

These excerpts taken from the SURW 10-K filed Mar 17, 2008.

Equity Compensation Plan Information

The Company maintains the 1999 Restricted Stock Bonus Plan (the "1999 Plan") and the 2000 Equity Incentive Plan (the "2000 Plan"), pursuant to which it may grant equity awards to eligible persons. The 1999 Plan and the 2000 Plan were approved by the Company's shareholders.

The following table provides information about equity awards under the 1999 Plan and the 2000 Plan.

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))

 
  (a)
  (b)
  (c)
Equity compensation plans approved by security holders   362,039   $ 40.38   1,151,636
Equity compensation plans not approved by security holders        
   
 
 
Total   362,039   $ 40.38   1,151,636
   
 
 
(1)
The 1999 Plan permits only the issuance of Restricted Shares. As of December 31, 2007, the Company had made Restricted Share grants of 34,268 shares of the Company's common stock, and 166,107 shares of the Company's common stock remain available under the 1999 Plan.

(2)
The 2000 Plan, as originally approved by the Company's shareholders, contemplated the issuance of up to 800,000 shares of the Company's common stock. Thereafter, the Company's shareholders approved an increase to 950,000 shares and the incorporation of an evergreen provision pursuant to which the number of shares of the Company stock, which shall be made available under the 2000 Plan, shall be 950,000 shares plus an annual increase to be added on the first business day of each calendar year and thereafter beginning with January 2, 2003, equal to one percent of the outstanding shares as of December 31 of the immediately preceding calendar year.

Additional information required by Item 12 is incorporated herein by reference from the proxy statement for the annual meeting of the Company's shareholders to be filed pursuant to Regulation 14A within 120 days after the Company's fiscal year-end of December 31, 2007.

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Equity Compensation Plan Information



The Company maintains the 1999 Restricted Stock Bonus Plan (the "1999 Plan") and the 2000 Equity Incentive Plan (the "2000 Plan"), pursuant to which it may grant equity awards
to eligible persons. The 1999 Plan and the 2000 Plan were approved by the Company's shareholders.



The
following table provides information about equity awards under the 1999 Plan and the 2000 Plan.







































































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))

 
 (a)
 (b)
 (c)
Equity compensation plans approved by security holders 362,039 $40.38 1,151,636
Equity compensation plans not approved by security holders    
  
 
 
Total 362,039 $40.38 1,151,636
  
 
 




(1)
The
1999 Plan permits only the issuance of Restricted Shares. As of December 31, 2007, the Company had made Restricted Share grants of 34,268 shares of the Company's common
stock, and 166,107 shares of the Company's common stock remain available under the 1999 Plan.


(2)
The
2000 Plan, as originally approved by the Company's shareholders, contemplated the issuance of up to 800,000 shares of the Company's common stock. Thereafter, the Company's
shareholders approved an increase to 950,000 shares and the incorporation of an evergreen provision pursuant to which the number of shares of the Company stock, which shall be made available under the
2000 Plan, shall be 950,000 shares plus an annual increase to be added on the first business day of each calendar year and thereafter beginning with January 2, 2003, equal to one percent of the
outstanding shares as of December 31 of the immediately preceding calendar year.


Additional
information required by Item 12 is incorporated herein by reference from the proxy statement for the annual meeting of the Company's shareholders to be filed pursuant to
Regulation 14A within 120 days after the Company's fiscal year-end of December 31, 2007.



91











This excerpt taken from the SURW 10-K filed Mar 14, 2007.

Equity Compensation Plan Information

The Company maintains the 1999 Restricted Stock Bonus Plan (the “1999 Plan”) and the 2000 Equity Incentive Plan (the “2000 Plan”), pursuant to which it may grant equity awards to eligible persons. The 1999 Plan and the 2000 Plan were approved by the Company’s shareholders.

The following table provides information about equity awards under the 1999 Plan and the 2000 Plan.

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)

 

 

 

(a)

 

(b)

 

(c)

 

Equity compensation plans approved by security holders

 

 

383,714

 

 

 

$

40.28

 

 

 

1,069,925

 

 

Equity compensation plans not approved by security holders

 

 

 

 

 

 

 

 

 

 

Total

 

 

383,714

 

 

 

$

40.28

 

 

 

1,069,925

 

 

 

(1)          The 1999 Plan permits only the issuance of Restricted Shares. As of December 31, 2006, the Company had made Restricted Share grants of 34,268 shares of the Company’s common stock, and 166,107 shares of the Company’s common stock remain available under the 1999 Plan.

(2)          The 2000 Plan, as originally approved by the Company’s shareholders, contemplated the issuance of up to 800,000 shares of the Company’s common stock. Thereafter, the Company’s shareholders approved an increase to 950,000 shares and the incorporation of an evergreen provision pursuant to which the number of shares of the Company stock which shall be made available under the 2000 Plan shall be 950,000 shares plus an annual increase to be added on the first business day of each calendar year and thereafter beginning with January 2, 2003 equal to one percent of the outstanding shares as of December 31 of the immediately preceding calendar year.

Additional information required by Item 12 is incorporated herein by reference from the proxy statement for the annual meeting of the Company’s shareholders to be filed pursuant to Regulation 14A within 120 days after the Company’s fiscal year-end of December 31, 2006.

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