ADT 2007 Annual Report Download - page 138

options, equity or equity-based grants will be made under the LTIP II Plan. The shares granted under the LTIP II Plan will
be issued at vesting under the 2004 Plan.
(5) The Tyco International Ltd. UK Savings Related Share Option Plan (the ‘‘SAYE Plan’’) is a UK Inland Revenue approved
plan for UK employees pursuant to which employees may be granted options to purchase shares at the end of three years of
service at a 15% discount off the market price at time of grant. Employees make monthly contributions that are, at the
election of the employee, used for the purchase price or returned to the employee. The total amount of shares that may be
purchased at the end of the three years of service is equal to the total of the monthly contributions, plus a tax-free bonus
amount equal to a multiple of the aggregate amount of monthly contributions, divided by the option price. An option will
generally be exercisable only during the period of six months following the three-year period. The plan is administered by
the Company’s Senior Vice President of Human Resources, as delegated by the Compensation and Human Resources
Committee. The Senior Vice President of Human Resources, among other things, determines when to grant options and sets
the option price in accordance with the SAYE Plan’s rules.
Issuer Purchases of Equity Securities
Total Number of Maximum Number of
Average Shares Purchased as Shares that May Yet Be
Total Number Price Part of Publicly Purchased Under
of Shares Paid per Announced Plans or Publicly Announced
Period Purchased Share Programs Plans or Programs
6/30/07–7/27/07 .................. 35,111 $52.97 — —
7/28/07–8/31/07 .................. 9,530 $52.36 — —
9/1/07–9/28/07 .................. 1,273,797 $44.50 1,267,500 —
The transactions described in the table above primarily represent the repurchase of common shares
on the NYSE as part of the $1.0 billion share repurchase program approved by the Board of Directors
in September 2007. The average price paid per share is calculated by dividing the total cash paid for
the shares by the total number of shares repurchased. Approximately $944 million remained
outstanding under this share repurchase program at September 28, 2007. The Company, through an
affiliate, also acquires shares from certain employees in order to satisfy employee tax withholding
requirements in connection with the vesting of restricted shares. Approximately 51,000 shares were
acquired in these vesting-related transactions outside of the share repurchase program during the
quarter ended September 28, 2007.
46 2007 Financials