ADT 2015 Annual Report Download - page 111

FORM 10-K
Issuer Purchases of Equity Securities
Period
Total
Number of
Shares
Purchased
Average
Price
Paid
Per
Share
Total
Number of
Shares
Purchased
as Part of
Publicly
Announced
Plans or
Programs
Maximum
Approximate
Dollar Value of
Shares that
May Yet Be
Purchased
Under the
Plans or
Programs
06/27/15 – 07/24/15 .................... 182,582 $33.70 182,582 $1,191,780,544
07/25/15 – 08/28/15 .................... 3,032,688 $32.97 3,032,688 $1,091,781,770
08/29/15 – 09/25/15 .................... 1,101,868 $31.76 1,101,868 $1,056,783,584
Total ................................ 4,317,138 $32.70 4,317,138 $1,056,783,584
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 (“FY2013 Share Repurchase
Program”) and expires on November 26, 2015. As of September 25, 2015, approximately $57 million remains
authorized for repurchase under the FY2013 Share Repurchase Program.
On July 17, 2015, our Board of Directors approved a new three-year share repurchase program (“FY2015
Share Repurchase Program”) authorizing the purchase of up to $1 billion of ADT common stock which is
incremental to the remaining amounts authorized to be repurchased under the FY2013 Share Repurchase
Program noted above. Pursuant to this approval, the Company may enter into accelerated share repurchase plans,
as well as repurchase shares on the open market pursuant to pre-set trading plans meeting the requirements of
Rule 10b5-1 under the Securities Exchange Act of 1934, in private transactions or otherwise. The FY2015 Share
Repurchase Program expires on July 17, 2018, and may be terminated at any time. As of September 25, 2015, no
shares have been repurchased under the FY2015 Share Repurchase Program.
Securities Authorized for Issuance Under Equity Compensation Plans
The following table provides information as of September 25, 2015 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) ............... 5,798,826 $24.77 5,441,361
Equity compensation plans not
approved by security
holders .................. — —
Total .............. 5,798,826 5,441,361
(1) The ADT Corporation 2012 Stock and Incentive Plan (the “Plan”) provides for the award of stock options, restricted stock
units (“RSUs”), performance share units (“PSUs”) 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 4,368,649 shares that
may be issued upon the exercise of stock options, 38,494 deferred stock units (“DSUs”), 791,430 shares that may be issued
upon the vesting of RSUs and 600,253 shares that may be issued upon vesting of PSUs. The weighted-average exercise
price in column (b) is inclusive of the outstanding DSUs, PSUs and RSUs, all of which can result in the issuance of shares
for no consideration. Excluding the DSUs, PSUs and RSUs, the weighted-average exercise price is equal to $32.88.
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