WebMD Health (WBMD)

 

Awards to officers and other employees under the Amended and Restated 2005 Long-Term Incentive Plan are determined by the Compensation Committee in its discretion or, in the case of employees who are not executive officers, pursuant to authority delegated to the Chief Executive Officer and Chief Financial Officer, acting jointly. Awards under this Plan to non-employee directors are determined by the Compensation Committee, in its discretion, except that non-employee directors receive automatic annual grants of options to purchase 13,200 shares on January 1 of each year, with an exercise price equal to the closing price of WebMD’s Common Stock on the last trading day of the prior year. As a result, it is not possible to determine the benefits and amounts that will be received by any individual participant or group of participants in the future. Although no specific grants have been determined at this time, please see the discussion above regarding WebMD’s intention to make a broad-based grant in late 2008. The grants shown on the table below were made during 2007 pursuant to the 2005 Plan (i) to WebMD’s employees who are executive officers (in the aggregate), (ii) to WebMD’s non-employee directors (in the aggregate), and (iii) to WebMD’s employees who are not executive officers (in the aggregate).

 

 

 

 

Awards to officers and other employees under the 2005 Long-Term Incentive Plan are determined by the Compensation Committee in its discretion or, in the case of employees who are not executive officers, pursuant to authority delegated to the Chief Executive Officer and Chief Financial Officer, acting jointly. Awards under this Plan to our non-employee directors are determined by our Compensation Committee, in its discretion, except that our non-employee directors receive automatic annual grants of options to purchase 13,200 shares on January 1 of each year, with an exercise price equal to the closing price of our Common Stock on the last trading day of the prior year. As a result, it is not possible to determine the benefits and amounts that will be received by any individual participant or group of participants in the future. As set forth in the table below, no grants of equity awards were made during 2006 to our executive officers under the 2005 Plan and the grants shown on the table below were made during 2006 pursuant to the 2005 Plan (i) to our non-employee directors (in the aggregate), and (ii) to our employees who are not executive officers (in the aggregate).