Brother International 2012 Annual Report Download - page 42

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41
Notes to Consolidated Financial Statements
Brother Industries, Ltd. and Consolidated Subsidiaries
Year ended March 31, 2012 The stock option activity was as follows:
2012 Stock Option 2011 Stock Option 2010 Stock Option 2009 Stock Option 2008 Stock Option 2007 Stock Option
(shares) (shares) (shares) (shares) (shares) (shares)
For the year ended March 31, 2011
Non-vested  
April 1, 2010 – Outstanding ——————
Granted ——————
Canceled ——————
Vested ——————
March 31, 2011 – Outstanding ——————
Vested
April 1, 2010 - Outstanding — — 101,500 114,500 65,100 46,000
Vested — 83,500 — — — —
Exercised — — 3,200 — 13,500 14,000
Canceled ——————
March 31, 2011 – Outstanding — 83,500 98,300 114,500 51,600 32,000
For the year ended March 31, 2012
Non-vested
April 1, 2011 – Outstanding ——————
Granted ——————
Canceled ——————
Vested ——————
March 31, 2012 – Outstanding ——————
Vested
April 1, 2011 - Outstanding — 83,500 98,300 114,500 51,600 32,000
Vested 106,400 — — — — —
Exercised — — — 25,800 — 2,000
Canceled ——————
March 31, 2012 – Outstanding 106,400 83,500 98,300 88,700 51,600 30,000
Exercise price ¥ 1 ¥ 1 ¥ 1 ¥ 1 ¥ 1 ¥ 1
($ 0.01) ($ 0.01) ($ 0.01) ($ 0.01) ($ 0.01) ($ 0.01)
Average stock price at exercise — — — ¥ 1,224 — ¥ 974
(—) (—) (—) ($ 14.93) (—) ($ 11.88)
Fair value price at grant date ¥ 929 ¥ 1,018 ¥ 899 ¥ 642 ¥ 915 ¥ 1,350
(directors) ($11.33) ($ 12.41) ($ 10.96) ($ 7.83) ($ 11.16) ($ 16.46)
Fair value price at grant date ¥ 957 ¥ 1,034 ¥ 912 ———
(executive officers) ($ 11.67) ($ 12.61) ($ 11.12) (—) (—) (—)