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VLG » Topics » Aggregated Option Exercises in Last Fiscal Year and Fiscal Year-End Option Values

This excerpt taken from the VLG DEF 14A filed Oct 2, 2006.
Aggregated Option Exercises in Last Fiscal Year
and Fiscal Year-End Option Values
 
                                                 
                            Value of Unexercised
 		 
    Shares
 		          Number of Securities
 		    In-the-Money Options
 		 
    Acquired
 		    Value
 		    Underlying Unexercised Options at June 30, 2006(#)     at June 30, 2006(1)  
Name
  on Exercise(#)     Realized(2)     Exercisable     Unexercisable     Exercisable     Unexercisable  
 
Gary E. West
    —       —       —       —     $ —     $ —  
William A. Indelicato
    —       —       12,500       50,000     $ 252,238     $ 907,500  
James P. Hart
    —       —       62,500       —     $ 1,159,738     $ —  
Gerald W. Zehala
    7,000     $ 72,170       34,000       —     $ 621,700     $ —  
 
 
(1) Values have been determined based upon the difference between the per share exercise price of the option and the closing price of the Company’s Common Stock on June 30, 2006.
 
(2) Represents the difference between the option exercise price and the market value on the date of exercise.
 

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