VLGEA » Topics » OPTION EXERCISES AND STOCK VESTED

This excerpt taken from the VLGEA DEF 14A filed Oct 31, 2008.
OPTION EXERCISES AND STOCK VESTED
 
The following table provides restricted shares vested during fiscal 2008 for each named executive officer. No options were exercised by any named executive officer in fiscal 2008, thus that portion of the table is omitted.
 
                 
    Number of shares
    Value realized
 
    acquired on vesting
    on vesting
 
Name 
  (#)(1)     ($)(1)  
James Sumas
    13,000       649,610  
Kevin Begley
    13,000       649,610  
Robert Sumas
    13,000       649,610  
William Sumas
    13,000       649,610  
John P. Sumas
    13,000       649,610  
 
 
(1) Based on the closing market price of the Company’s Class A common stock on April 8, 2008 of $49.97.


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