Blackberry 2006 Annual Report Download - page 66

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Research In Motion Limited
64
Research In Motion Limited • Incorporated Under the Laws of Ontario (In thousands of United States dollars, except per share data, and except as otherwise indicated)
The weighted-average characteristics of options outstanding as at March 4, 2006 are as follows:
 
  
    
     
     
$ 1.22 — $ 1.8 1            
$ 1.94 — $ 2.83       
$ 4.49 — $ 6.56       
$ 6.77 — $ 10.15        
$ 10.19 — $ 15.26        
$ 15.40 — $ 22.92        
$ 23. 17 — $ 34.57        
$ 34.82 — $ 51.65        
$ 52.61 — $ 77.87        
$ 78.94 and over       
         
For stock options issued in Canadian dollars, the above ranges are translated using the average foreign
exchange rate applicable in the year of grant.
(c) Restricted share units
The Company issued 7,800 RSU’s during the year and the total number of RSU’s outstanding as at
March 4, 2006 was 7,800 (February 26, 2005 – nil).
12. Commitments and Contingencies
(a) Lease commitments
The Company is committed to future minimum annual lease payments under operating leases as follows:

    
For the years ending
2007      
2008     
2009     
2010    
20 1 1    
Thereafter    
       
For the year ended March 4, 2006, the Company incurred rental expense of $5,767 (February 26, 2005 —
$3,023; February 28, 2004 — $2,197).