MTN » Topics » OPTION EXERCISES AND STOCK VESTED

This excerpt taken from the MTN DEF 14A filed Oct 21, 2009.

OPTION EXERCISES AND STOCK VESTED

        The following table shows for fiscal 2009 certain information regarding option exercises and stock vested during the last fiscal year with respect to the named executive officers:


Option Exercises and Stock Vested in Fiscal 2009

 
  Option Awards   Stock Awards  
Name
(a)
  Number of
Shares Acquired
on Exercise (#)
(b)
  Value Realized
on Exercise
($)
(c)
  Number of
Shares
Acquired
on Vesting
(#)
(d)
  Value Realized
on Vesting
($)(1)
(e)
 

Robert A. Katz

            7,431 (2)   229,773  

Jeffrey W. Jones

            43,017 (3)   1,500,633  

Keith A. Fernandez

            6,192 (4)   221,519  

John McD. Garnsey

            1,509 (5)   51,332  

Blaise T. Carrig

            1,509 (6)   51,332  

(1)
For purposes of this table, the aggregate dollar value realized on the vesting of restricted shares and restricted stock units was computed by multiplying the closing price of the Company's common stock on the vesting date, by the number of shares vested.

(2)
On February 28, 2006, Mr. Katz was granted 30,000 shares of restricted shares that vest in equal monthly installments over a three-year period beginning on the same date in the first month following the date of grant. 5,834 of the shares indicated as vesting were already outstanding and held by Mr. Katz, but were subject to the Company's repurchase right until vested.

(3)
Represents the aggregate number of shares acquired on vesting. Of this amount, 14,913 shares were withheld by the Company from those vested to satisfy tax withholding requirements. The corresponding value realized on vesting in column "(e)" reflects the value of the aggregate number of shares acquired, irrespective of shares withheld to satisfy tax withholding requirements.

(4)
Represents the aggregate number of shares acquired on vesting. Of this amount, 1,925 shares were withheld by the Company from those vested to satisfy tax withholding requirements. The corresponding value realized on vesting in column "(e)" reflects the value of the aggregate number of shares acquired, irrespective of shares withheld to satisfy tax withholding requirements.

(5)
Represents the aggregate number of shares acquired on vesting. Of this amount, 468 shares were withheld by the Company from those vested to satisfy tax withholding requirements. The corresponding value realized on vesting in column "(e)" reflects the value of the aggregate number of shares acquired, irrespective of shares withheld to satisfy tax withholding requirements.

(6)
Represents the aggregate number of shares acquired on vesting. Of this amount, 398 shares were withheld by the Company from those vested to satisfy tax withholding requirements. The corresponding value realized on vesting in column "(e)" reflects the value of the aggregate number of shares acquired, irrespective of shares withheld to satisfy tax withholding requirements.
This excerpt taken from the MTN DEF 14A filed Oct 23, 2008.

OPTION EXERCISES AND STOCK VESTED

        The following table shows for the fiscal year ended July 31, 2008, certain information regarding option exercises and stock vested during the last fiscal year with respect to the named executive officers:


Option Exercises and Stock Vested in Fiscal 2008

 
  Option Awards   Stock Awards  
Name
(a)
  Number of
Shares Acquired
on Exercise (#)
(b)
  Value Realized
on Exercise
($)
(c)
  Number of
Shares
Acquired
on Vesting
(#)
(d)
  Value Realized
on Vesting
($)(1)
(e)
 

Robert A. Katz

            10,000 (2)   502,604  

Jeffrey W. Jones

            2,331 (3)   148,501  

Keith A. Fernandez

            5,281 (4)   266,384  

John McD. Garnsey

            1,165 (5)   74,220  

Blaise T. Carrig

            1,165 (6)   74,220  

(1)
For purposes of this table, the aggregate dollar value realized on the vesting of restricted shares and restricted stock units was computed by multiplying the closing price of the Company's common stock on the vesting date, by the number of shares vested.

(2)
On February 28, 2006, Mr. Katz was granted 30,000 shares of restricted shares that vest in equal monthly installments over a three-year period beginning on the same date in the first month following the date of grant. The stock indicated as vesting was already outstanding and held by Mr. Katz, but was subject to the Company's repurchase right until vested.

(3)
Represents the aggregate number of shares acquired on vesting. Of this amount, 724 shares were withheld by the Company from those vested to satisfy tax withholding requirements. The corresponding value realized on vesting in column "(e)" reflects the value of the aggregate number of shares acquired, irrespective of shares withheld to satisfy tax withholding requirements.

(4)
Represents the aggregate number of shares acquired on vesting. Of this amount, 1,642 shares were withheld by the Company from those vested to satisfy tax withholding requirements. The corresponding value realized on vesting in column "(e)" reflects the value of the aggregate number of shares acquired, irrespective of shares withheld to satisfy tax withholding requirements.

(5)
Represents the aggregate number of shares acquired on vesting. Of this amount, 362 shares were withheld by the Company from those vested to satisfy tax withholding requirements. The corresponding value realized on vesting in column "(e)" reflects the value of the aggregate number of shares acquired, irrespective of shares withheld to satisfy tax withholding requirements.

(6)
Represents the aggregate number of shares acquired on vesting. Of this amount, 308 shares were withheld by the Company from those vested to satisfy tax withholding requirements. The corresponding value realized on vesting in column "(e)" reflects the value of the aggregate number of shares acquired, irrespective of shares withheld to satisfy tax withholding requirements.
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