8x8 2009 Annual Report Download - page 70
Download and view the complete annual report
Please find page 70 of the 2009 8x8 annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60 -
61 -
62 -
63 -
64 -
65 -
66 -
67 -
68 -
69 -
70 -
71 -
72 -
73 -
74 -
75 -
76 -
77 -
78 -
79 -
80 -
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
 |
 |
Option Activity
Option activity under the Company's stock option plans since March 31, 2006, is summarized as follows:
Weighted
Shares Average
Shares Subject to Exercise
Available Options Price
for Grant Outstanding Per Share
Balance at March 31, 2006 4,059,405 8,870,718 $ 2.31
Change in options available for grant 8,000,000 - -
Granted (3,074,200) 3,074,200 1.42
Exercised - (383,746) 0.90
Canceled/Forfeited 2,631,194 (2,631,194) 1.96
Termination of plans (5,689,940) -
Balance at March 31, 2007 5,926,459 8,929,978 2.17
Granted (2,299,000) 2,299,000 1.26
Exercised - (22,208) 0.90
Canceled/Forfeited 905,706 (905,706) 1.80
Termination of plans (598,040) -
Balance at March 31, 2008 3,935,125 10,301,064 2.00
Granted - Options (1,855,500) 1,855,500 0.84
Stock purchase rights (100,000) - 0.57
Exercised - (89,300) 0.37
Canceled/Forfeited 1,330,985 (1,330,985) 1.72
Termination of plans (894,735) -
Balance at March 31, 2009 2,415,875 10,736,279 $ 1.85
Significant option groups outstanding at March 31, 2009 and related weighted average exercise price and contractual life
information for 8x8, Inc.'s stock option plans are as follows:
Weighted Weighted Weighted
Average Average Average
Exercise Remaining Aggregate Exercise Aggregate
Price Contract ual I ntrinsic Price Intrins ic
Shares Per Share Life (Years) Value Shares Per Share Value
$ 0.01 to $ 1.15 2,176,133 $ 0.86 8.4 $ 9,111 2,176,133 $ 0.86 $ 9,111
$ 1.16 to $ 1.27 2,608,629 $ 1.25 7.1 - 2,608,629 $ 1.25 -
$ 1.28 to $ 1.72 2,392,710 $ 1.55 5.9 - 2,392,710 $ 1.55 -
$ 1.73 to $2.38 2,169,431 $ 1.90 3.6 - 2,161,616 $ 1.90 -
$2.39 to $14.94 1,389,376 $ 4.97 2.8 - 1,389,376 $ 4.97 -
10,736,279 $ 9,111 10,728,46
4
$9,111
Options Outstanding Options Exercisable
The Company recognized stock compensation expense in fiscal 2009, 2008 and 2007 of $3,295,000, $1,272,000 and
$1,810,000, respectively.
The aggregate intrinsic value in the table above represents the total pre-tax intrinsic value (the aggregate difference between the
closing stock price of the Company’ s common stock on March 31, 2009 and the exercise price for in-the-money options) that
would have been received by the option holders if all in-the-money options had been exercised on March 31, 2009.
68