ADT 2015 Annual Report Download - page 53

FISCAL YEAR 2015 NEO COMPENSATION—CONTINUED
Outstanding Equity Awards at Fiscal Year-End Table
The following table shows outstanding Stock Option awards classified as exercisable and unexercisable and the number and value of any
unvested or unearned equity awards outstanding as of September 25, 2015 for each of the NEOs. The value of any unvested or unearned
equity awards outstanding is calculated based on a market value of $30.70, which was the NYSE closing price per share of the Company’s
common stock on September 25, 2015.
Option Awards (1) Stock Awards
Name
Number of
Securities
Underlying
Unexercised
Options: (#)
Exercisable
Number of
Securities
Underlying
Unexercised
Options: (#)
UnExercisable
Option
Exercise
Price
($)
Option
Expiration
Date
Number of
Shares or Units
of Stock That
Have Not Vested
(#) (2)
Market
Value of
Shares or
Units of
Stock
that Have
Not
Vested
($) (3)
Equity
Incentive Plan
Awards:
Number of
Unearned
Shares, Units
or Other Rights
That Have not
Vested
(#) (4)
Equity
Incentive Plan
Awards: Market
or Payout Value
of Unearned
Shares, Units or
Rights That
Have Not
Vested
($) (3)
Naren 14,741 — 31.1718 1/11/2016 83,686 2,569,160 99,012 3,039,668
Gursahaney 137,587 — 30.8309 11/20/2016
110,850 — 34.1771 7/2/2017
54,644 — 28.4959 8/17/2018
201,873 — 18.5745 10/6/2018
148,633 — 21.6169 9/30/2019
123,965 — 23.8843 10/11/2020
78,219 26,074 28.3870 10/11/2021
65,700 65,700 45.9000 11/29/2022
43,800 21,900 45.9000 11/29/2022
19,000 57,000 44.0100 11/21/2023
— 119,400 35.9800 11/13/2024
Michael 9,500 28,500 44.0100 11/21/2023 34,601 1,062,251 49,454 1,518,238
Geltzeiler 13,500 27,000 44.0100 11/21/2023
— 59,700 35.9800 11/13/2024
Jerri DeVard 16,600 33,200 31.3300 5/6/2024 23,402 718,441 14,549 446,654
4,350 13,050 31.3300 5/6/2024
— 31,800 35.9800 11/13/2024
Alan Ferber 19,350 19,350 44.4700 5/7/2023 18,003 552,692 26,319 807,993
5,050 15,150 44.0100 11/21/2023
— 31,800 35.9800 11/13/2024
N. David 10,515 — 30.8309 11/20/2016 16,021 491,845 15,730 482,911
Bleisch 11,491 — 34.1771 7/2/2017
14,410 — 18.5745 10/6/2018
10,523 — 21.6169 9/30/2019
20,468 — 23.8843 10/11/2020
13,559 4,520 28.3870 10/11/2021
6,200 3,100 45.9000 11/29/2022
7,500 7,500 45.9000 11/29/2022
3,025 9,075 44.0100 11/21/2023
— 19,100 35.9800 11/13/2024
(1) Stock Options granted to the NEOs generally vest and become exercisable one-fourth per year on each anniversary of the grant date, with the exception of
certain one-time or sign-on grants. Stock Options granted to the NEOs expire on the day prior to the tenth anniversary of the grant date.
(2) The amounts shown in this column represent unvested awards of RSUs, including outstanding dividend equivalent units associated with the underlying RSU
awards. For Messrs. Gursahaney and Bleisch, also included are the earned portion of the PSU awards granted in fiscal year 2013, which at September 25,
2015 remain unvested. The three-year performance period for the fiscal year 2013 grant ended on September 25, 2015, the last day of fiscal year 2015. The
vesting period for the fiscal year 2013 grant, however, did not end until November 30, 2015, which was the third anniversary of the grant date.
(3) The amounts shown in these columns represent the market value of the unvested RSU and PSU awards calculated using a price of $30.70, which was the
closing price of the Company’s common stock on the NYSE on September 25, 2015.
(4) The amounts shown in this column represent outstanding and unvested awards of PSUs. The number of PSUs is based on the number granted (target
amount) and includes outstanding dividend equivalent units associated with the underlying award. Dividend equivalent units will vest only to the extent the
underlying awards vest based upon the Company’s performance against its performance targets. The three-year performance period for the fiscal year 2015
grant ends on September 30, 2017, the last day of fiscal year 2017. The three-year performance period for the fiscal year 2014 grant ends on September 30,
2016, the last day of fiscal year 2016.
The ADT Corporation 2016 Proxy Statement 43
PROXY STATEMENT