ADT 2014 Annual Report Download - page 102

Download and view the complete annual report

Please find page 102 of the 2014 ADT 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.

Page out of 172

  • 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
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172

FORM 10-K
On November 18, 2013, our board of directors authorized a $1 billion increase to the $2 billion, three-year
share repurchase program that was previously approved on November 26, 2012 and expires on November 26,
2015.
During the quarter, the Company did not repurchase any shares as a part of the share repurchase program
noted above.
Securities Authorized for Issuance Under Equity Compensation Plans
The following table provides information as of September 26, 2014 with respect to shares of ADT common
stock issuable under its equity compensation plans:
Equity Compensation Plan
Plan category
Number of
securities to be
issued upon
exercise of
outstanding
options, warrants
and rights
(a)
Weighted-average
exercise price of
outstanding
options, warrants
and rights
(b)
Number of
securities remaining
available for future
issuance under
equity compensation plans
(excluding securities
reflected in column (a))
(c)
Equity compensation plans
approved by security
holders:
2012 Stock and
Incentive Plan(1) .... 5,933,656 $25.81 6,581,067
Equity compensation plans
not approved by security
holders ............... — —
Total ........... 5,933,656 6,581,067
(1) The ADT Corporation 2012 Stock and Incentive Plan (the “Plan”) provides for the award of stock options, restricted
stock units, performance share units and other equity and equity-based awards to officers and non-officer employees as
well as members of our board of directors. Amounts shown in column (a) include 4,820,964 shares that may be issued
upon the exercise of stock options, 37,617 deferred stock units (“DSU”), 733,573 shares that may be issued upon the
vesting of restricted stock units and 341,502 shares that may be issued upon vesting of performance share units (“PSU”).
The weighted-average exercise price in column (b) is inclusive of the outstanding DSUs, PSUs and restricted stock units,
all of which can be exercised for no consideration. Excluding the DSUs, PSUs and restricted stock units, the weighted-
average exercise price is equal to $31.77.
36