ADT 2008 Annual Report Download - page 278
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TYCO INTERNATIONAL LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
25. Subsequent Events (Continued)
On October 7, 2008, the Company granted Tyco employees 5.3 million share options with a
weighted-average grant-date fair value of $7.15 per share at the date of grant. Additionally, the
Company granted 1.7 million and 1.0 million restricted stock units and performance share units with a
fair value of $29.00 and $27.84 per share on the date of grant, respectively.
During the first quarter of 2009, the Company agreed to settle Sciallo v. Tyco International Ltd., et
al., and Hess v. Tyco International Ltd., et al., for approximately $2 million and $16 million, respectively.
Of the amounts, the Company is responsible for an aggregate of approximately $5 million under the
terms of the Separation and Distribution Agreement.
2008 Financials 175