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This excerpt taken from the WDC 8-K filed Nov 19, 2007. Stock
Purchase Rights and Stock Options
On February 15, 2007, the Company’s Compensation
Committee of its Board of Directors approved the grant of a
total of 380,854 stock purchase rights with an exercise price of
$0.01 to employees. Of this total, 313,881 was to non-officers
and 66,973 was to officers. The vesting for the stock purchase
rights granted is one-third at the end of each of the first
three anniversaries of the date of grant, subject to the
employee continuing to be a service provider. In addition,
180,819 stock options were granted to officers with an exercise
price of $32.10. The vesting for the stock options granted is
one-third at the end of the first anniversary of the date of
grant and
1/24th each
month thereafter.
22
KOMAG,
INCORPORATED
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