Baker Hughes 2010 Annual Report Download - page 40

Download and view the complete annual report

Please find page 40 of the 2010 Baker Hughes 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 158

  • 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

28 B a k e r H u g h e s I n c o r p o r a t e d
Option Awards Stock Awards
Number of Number of
Securities Securities
Underlying Underlying Market Value of
Unexercised Unexercised Option Number of Shares Shares or Units of
Options Options Exercise Option or Units of Stock that Stock that Have
Exercisable Unexercisable Price (1) Expiration Have Not Vested (3) Not Vested
Name (#) (#) ($) Date (2) (#) ($)
Alan R. Crain 0 14,600 49.17 7/21/2020 28,017 1,601,732
0 15,200 47.28 1/19/2020
0 15,964 39.52 7/22/2019
0 16,315 29.18 1/21/2019
6,549 3,275 77.20 8/11/2018
7,195 3,598 69.92 1/23/2018
11,471 0 82.28 7/25/2017
9,461 0 68.54 1/24/2017
13,500 0 80.73 7/27/2016
10,500 0 75.06 1/25/2016
5,500 0 56.21 7/27/2015
5,500 0 42.60 1/26/2015
2,792 0 35.81 1/28/2014
3,418 0 29.25 1/29/2013
John A. O’Donnell 0 5,000 45.19 10/21/2020 16,662 952,567
0 9,200 49.17 7/21/2020
0 19,600 47.28 1/19/2020
0 10,175 39.52 7/22/2019
0 7,761 29.18 1/21/2019
2,281 1,141 77.20 8/11/2018
2,332 1,167 69.92 1/23/2018
4,240 0 82.28 7/25/2017
4,232 0 68.54 1/24/2017
3,543 0 80.73 7/27/2016
3,543 0 75.06 1/25/2016
5,000 0 56.21 7/27/2015
2,200 0 42.60 1/26/2015
(1) The exercise price is equal to the closing market price of a share of our Common Stock on the last trading day prior to the grant date.
(2) Each option grant has a ten-year term. Each option vests pro rata as to one-third of the option grant beginning on the first anniversary of grant date.
(3) Each restricted stock award vests pro rata as to one-third of the grant beginning on the first anniversary of grant date.
Option Exercises and Stock Vested
The following table sets forth certain information regarding options and stock awards exercised and vested, respectively, during
2010 for the persons named in the Summary Compensation Table above.
Option Awards Stock Awards
Number of Shares Value Realized Number of Shares Value Realized
Acquired on Exercise on Exercise (1) Acquired on Vesting on Vesting (2)
Name (#) ($) (#) ($)
Chad C. Deaton 0 0 50,674 2,309,202
Peter A. Ragauss 0 0 29,201 1,437,469
Martin S. Craighead 0 0 18,115 829,381
Alan R. Crain 16,139 293,390 16,883 760,286
John A. O’Donnell 12,634 215,306 6,591 296,884
(1) The value realized upon the exercise of the option award is determined by multiplying the number of shares acquired on exercise by the difference between the
market price of the stock at exercise and the exercise price of the option.
(2) The value realized upon the vesting of the stock awards is determined by multiplying the number of shares of stock by the market value of the stock on the
vesting date.