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This excerpt taken from the WBMD DEF 14A filed Nov 5, 2008. Share
Limits
An aggregate of 9,000,000 shares of Class A Common
Stock is issuable under the 2005 Plan and, as of
October 31, 2008, approximately 2,400,000 shares were
available for future grant under the 2005 Plan. If Proposal 2 is
approved, an additional 5,500,000 shares will be available for
grant.
The maximum number of shares of Class A Common Stock with
respect to one or more options, stock appreciation rights or
combination of options and stock appreciation rights that may be
granted during any one calendar year under the 2005 Plan to any
one person is 412,500 (all of which, may be granted as incentive
stock options), except that that limit may be increased by
412,500 for awards made in connection with a person’s
initial hiring.
The maximum fair market value of any awards (determined as of
the date of the grant), other than options and stock
appreciation rights, that may be received by a participant, less
any consideration paid by the participant for such award, during
any one calendar year under the 2005 Plan is $5,000,000. The
maximum number of shares of WebMD’s Class A Common
Stock that may be subject to one or more performance shares (or
used to provide a basis of measurement for one to determine the
value of a performance share) granted in any one calendar year
to any one person is 412,500.
This excerpt taken from the WBMD DEF 14A filed Aug 14, 2007. Share
Limits
An aggregate of 7,150,000 shares of our Class A Common
Stock are issuable under the 2005 Plan and, as of August 1,
2007, approximately 1,152,000 shares were available for
future grant under the 2005 Plan.
The maximum number of shares of our Class A Common Stock
with respect to one or more options, stock appreciation rights
or combination of options and stock appreciation rights that may
be granted during any one calendar year under the 2005 Plan to
any one person is 412,500 (all of which, may be granted as
Table of Contents
Incentive Stock Options), except that that limit may be
increased by 412,500 for awards made in connection with a
person’s initial hiring.
The maximum fair market value of any awards (determined as of
the date of the grant), other than options and stock
appreciation rights, that may be received by a participant, less
any consideration paid by the participant for such award, during
any one calendar year under the 2005 Plan is $5,000,000. The
maximum number of shares of our Class A Common Stock that
may be subject to one or more performance shares (or used to
provide a basis of measurement for one to determine the value of
a performance share) granted in any one calendar year to any one
person is 412,500.
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