SMMX » Topics » Equity Compensation Plan Information

This excerpt taken from the SMMX 10-K filed Mar 6, 2006.
Equity Compensation Plan Information

The following table provides information as of December 31, 2005 with respect to our shares of common stock that may be issued under our existing equity compensation plans.

Plan Category

 

 

 

A
Number of Securities to
Be Issued Upon
Exercise of Outstanding
Options

 

B
Weighted Average
Exercise Price of
Outstanding
Options

 

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

 

Equity Compensation Plans Approved by Stockholders(1)

 

 

7,692,025

(3)

 

 

$

25.93

 

 

 

2,019,118

(4)

 

Equity Compensation Plans Not Approved by Stockholders(2)

 

 

401,787

 

 

 

$

25.57

 

 

 

655,999

 

 

Total

 

 

8,093,812

 

 

 

$

25.91

 

 

 

2,675,117

 

 


(1)          Consists of the 1996 Stock Option Plan, 1997 Stock Option Plan and the 1999 Employee Stock Purchase Plan.

(2)          Consists of IntelliChem, Inc. 2003 Stock Option Plan assumed in connection with the acquisition of IntelliChem on November 30, 2004, the Synthematix, Inc. 2000 Equity Compensation Plan, as amended, assumed in connection with the acquisition of Synthematix on April 1, 2005, and the 2001 Non-statutory Stock Option Plan. A description of these plans is available in Note 4 of the Notes to Consolidated Financial Statements.

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(3)          Excludes purchase rights accruing under our 1999 Employee Stock Purchase Plan which has a stockholder approved reserve of 1,547,295 shares as of December 31, 2005. Under the 1999 Employee Stock Purchase Plan, each eligible employee may purchase up to a maximum of 10,000 shares per annum of common stock at semi-annual intervals on the last U.S. business day of April and October each year at a purchase price per share equal to 85% of the lower of (i) the closing selling price per share of common stock on the employee’s entry date into the two-year offering period in which that semi-annual purchase date occurs or (ii) the closing selling price per share on the semi-annual purchase date. Eligible employees may defer up to 10% of their salary, but not to exceed $25,000, in any calendar year, to purchase shares under this Plan.

(4)          Consists of shares available for future issuance under our 1996 Stock Option Plan, 1997 Stock Option Plan and the 1999 Employee Stock Purchase Plan. As of December 31, 2005, an aggregate of 1,547,295 shares of common stock were available for issuance under the 1999 Employee Stock Purchase Plan and 471,823 shares of common stock were available for issuance under the 1996 Stock Option Plan and 1997 Stock Option Plan. The 1999 Employee Stock Purchase Plan provides for annual increases in the number of shares available for issuance under the Plan on the first day of each fiscal year, equal to the lesser of 1% of the outstanding shares of common stock on the first day of the fiscal year, 350,000 shares, or a lesser amount as determined by our Board of Directors. The 1997 Stock Option Plan provides for an annual increase in the number of shares of common stock reserved for issuance equal to the lesser of 1,500,000 shares, 4% of the outstanding shares on the date of the annual increase, or a lesser amount as determined by our Board of Directors.

28




This excerpt taken from the SMMX DEF 14A filed Apr 8, 2005.

Equity Compensation Plan Information

        The following table provides information as of December 31, 2004 with respect to our shares of common stock that may be issued under our existing equity compensation plans.

 
  A

  B

  C

 
Plan Category

  Number of
Securities to Be
Issued Upon
Exercise of
Outstanding Options

  Weighted Average
Exercise Price of
Outstanding Options

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

 
Equity Compensation Plans Approved by Stockholders(1)   7,004,759 (3) $ 24.73   1,872,430 (4)
Equity Compensation Plans Not Approved by Stockholders(2)   429,726   $ 29.06   614,400  
   
 
 
 
  Total   7,434,485   $ 24.98   2,486,830  
   
 
 
 

(1)
Consists of the 1996 Stock Option Plan, 1997 Stock Option Plan and the 1999 Employee Stock Purchase Plan.

(2)
Consists of IntelliChem, Inc. 2003 Stock Option Plan assumed in connection with the acquisition of IntelliChem on November 30, 2004 and the 2001 Non-statutory Stock Option Plan.

(3)
Excludes purchase rights accruing under our 1999 Employee Stock Purchase Plan which has a stockholder approved reserve of 1,390,883 shares as of December 31, 2004. Under the 1999 Employee Stock Purchase Plan, each eligible employee may purchase up to a maximum of 10,000 shares per annum of common stock at semi-annual intervals on the last U.S. business day of April and October each year at a purchase price per share equal to 85% of the lower of (i) the closing selling price per

25


    share of common stock on the employee's entry date into the two-year offering period in which that semi-annual purchase date occurs or (ii) the closing selling price per share on the semi-annual purchase date. Eligible employees may defer up to 10% of their salary, but not to exceed $25,000, in any calendar year, to purchase shares under this Plan.

(4)
Consists of shares available for future issuance under our 1996 Stock Option Plan, 1997 Stock Option Plan and the 1999 Employee Stock Purchase Plan. As of December 31, 2004, an aggregate of 1,390,883 shares of common stock were available for issuance under the 1999 Employee Stock Purchase Plan and 481,547 shares of common stock were available for issuance under the 1996 Stock Option Plan and 1997 Stock Option Plan. The 1999 Employee Stock Purchase Plan provides for annual increases in the number of shares available for issuance under the Plan on the first day of each fiscal year, equal to the lesser of 1% of the outstanding shares of common stock on the first day of the fiscal year, 350,000 shares, or a lesser amount as determined by our Board of Directors. The 1997 Stock Option Plan provides for an annual increase in the number of shares of common stock reserved for issuance equal to the lesser of 1,500,000 shares, 4% of the outstanding shares on the date of the annual increase, or a lesser amount as determined by our Board of Directors.

EXCERPTS ON THIS PAGE:

10-K
Mar 6, 2006
DEF 14A
Apr 8, 2005
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