ADT 2008 Annual Report Download - page 69

Exercise Edward D. Christopher J. George R. Naren K.
Vesting Date Price Breen Coughlin Oliver John Evard Gursahaney
Number of Shares Underlying Vesting Awards
2008
11/21/2008 ............... 48.14 99,929 47,210 12,589 22,031
11/22/2008 ............... 46.07 41,458 20,729 5,472 8,393
2009
1/12/2009 ................ 48.67 3,147
7/2/2009 ................. 53.36 73,000 34,750 17,750 9,750 17,750
7/10/2009 ................ 43.72 20,982
11/21/2009 ............... 48.14 99,928 47,210 12,589 22,031
2010
7/2/2010 ................. 53.36 73,000 34,750 17,750 9,750 17,750
11/21/2010 ............... 48.14 99,929 47,211 12,590 22,032
2011
7/2/2011 ................. 53.36 73,000 34,750 17,750 9,750 17,750
8/18/2011 ................ 44.49 17,500 17,500
2012
8/18/2012 ................ 44.49 17,500 17,500
(2) The amounts in columns (g) and (h) reflect, for each named executive officer, the number and
market value of unvested restricted stock shares and RSUs which had been granted as of
September 26, 2008, but which remained subject to additional vesting requirements. Those
requirements depend upon the officer’s continued employment with the Company. Scheduled
vesting of all outstanding restricted stock shares, RSUs and performance shares (based on
achievement at target values) for each of the named executive officers is as follows:
Edward D. Christopher J. George R. Naren K.
Vesting Date Breen Coughlin Oliver John Evard Gursahaney
Number of Share Underlying Vesting Awards
2008
9/30/2008 ....................... 35,818 16,417 4,477 6,722
11/21/2008 ...................... 44,024 20,187 5,584 9,664
11/22/2008 ...................... 35,000 15,000 4,500 2,675
2009
7/2/2009 ....................... 31,677 14,604 7,505 4,158 7,505
7/10/2009 ....................... 49,771
11/21/2009 ...................... 44,023 20,186 5,583 9,663
2010
6/30/2010 ....................... 93,700 43,200 22,200 12,300 22,200
7/2/2010 ....................... 31,676 14,604 7,505 4,158 7,505
11/21/2010 ...................... 44,023 20,185 5,582 9,663
2011
7/2/2011 ....................... 31,675 14,604 7,504 4,158 7,504
2012
8/18/2012 ....................... 11,200 11,200
(3) Amounts in columns (i) and (j) reflect the number and market value, as of September 26, 2008, of
performance shares that would be earned if the performance goals related to these awards were
met at the target level at the end of the performance period. If the minimum performance
threshold is not met (i.e., Tyco’s total shareholder return over the performance period is not equal
to or better than the total shareholder return of the top 65% of the companies constituting the
S&P 500 Industrials Index), there will be no payout. The performance shares were granted in July
2007 in connection with the accelerated fiscal 2008 long-term incentive compensation grant
described in the proxy statement for the 2008 Annual General Meeting. All performance shares
will vest and become payable in shares of the Company’s common stock on June 30, 2010. The
number of shares that will actually be earned will depend on the Company’s three-year shareholder
return as compared to the total shareholder return of the S & P Industrials Index.
52 2009 Proxy Statement