APS 2015 Annual Report Download - page 169

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Table of Contents
Equity Compensation Plan Information
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 1,611,402
—
2,763,056
Equity compensation plans not approved by security holders —
—
-
Total 1,611,402
—
2,763,056
(a) This amount includes shares subject to outstanding performance share awards and restricted stock unit awards at the
maximum amount of shares issuable under such awards. However, payout of the performance share awards is contingent on the
Company reaching certain levels of performance during a three-year performance period. If the performance criteria for these awards
are not fully satisfied, the award recipient will receive less than the maximum number of shares available under these grants and may
receive nothing from these grants.
(b) The weighted-average exercise price in this column does not take performance share awards or restricted stock unit
awards into account, as those awards have no exercise price.
(c) Awards under the 2012 Plan can take the form of options, stock appreciation rights, restricted stock, performance
shares, performance share units, performance cash, stock grants, stock units, dividend equivalents, and restricted stock units.
Additional shares cannot be awarded under the 2007 Plan. However, if an award under the 2012 Plan is forfeited, terminated or
canceled or expires, the shares subject to such award, to the extent of the forfeiture, termination, cancellation or expiration, may be
added back to the shares available for issuance under the 2012 Plan.
Equity Compensation Plans Approved By Security Holders
Amounts in column (a) in the table above include shares subject to awards outstanding under two equity compensation plans
that were previously approved by our shareholders: (a) the 2007 Plan, which was approved by our shareholders at our 2007 annual
meeting of shareholders and under which no new stock awards may be granted; and (b) the 2012 Plan, which was approved by our
shareholders at our 2012 annual meeting of shareholders. See Note 15 of the Notes to Consolidated Financial Statements for additional
information regarding these plans.
Equity Compensation Plans Not Approved by Security Holders
The Company does not have any equity compensation plans under which shares can be issued that have not been approved by
the shareholders.
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED
TRANSACTIONS, AND DIRECTOR INDEPENDENCE
Reference is hereby made to “Information About Our Board and Corporate Governance” and “Related Party Transactions” in
the 2016 Proxy Statement.
164