Cincinnati Bell 2009 Annual Report Download - page 59

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Option Awards Stock Awards
Name
Number of
Securities
Underlying
Unexercised
Option (#)
Exercisable
Number of
Securities
Underlying
Unexercised
Option (#)
Unexercisable
Equity
Incentive Plan
Awards:
Number of
Securities
Underlying
Unexercised
Unearned
Options
(#)
Option
Exercise
Price
($)
Option
Expiration
Date (a)
Number of
Shares or
Units of
Stocks That
Have Not
Vested
(#)
Market
Value of
Shares or
Units of
Stocks That
Have Not
Vested
($)
Equity
Incentive
Plan Awards:
Number of
Unearned
Shares, Units
or Other
Rights That
Have Not
Vested
(#) (b)
Equity
Incentive
Plan Awards:
Market or
Payout Value
of Unearned
Shares, Units
or Other
Rights That
Have Not
Vested
($) (c)
Christopher J.
Wilson ..... 8,000 — 35.9688 1/3/2010
7,250 — 22.8438 1/2/2011
1,000 — 16.425 9/5/2011
7,400 — 9.645 12/4/2011
20,000 — 3.48 12/5/2012
51,000 — 5.655 12/4/2013
75,000 — 3.70 12/3/2014
77,400 — 3.995 12/1/2015
100,000 — 4.735 12/8/2016
64,000 36,000 4.91 12/7/2017
59,027 151,783 1.67 12/5/2018
— 74,495 1.39 1/30/2019
— 126,140 1.39 1/30/2019
— — 245,606 847,341
(a) All options and SARs granted are for a maximum period of ten years from the date of grant and vest over a three year period.
These awards vest 28% on the first anniversary of the original date of grant and, thereafter, at the rate of 3% per month for the
next 24 months.
(b) Amounts in the column include performance units granted for the 2007 – 2009 performance cycle less performance units earned
and vested for (i) the 2007 period on February 29, 2008 and (ii) the 2007 – 2008 cumulative period on February 27, 2009.
Amounts also include performance units granted for the 2008 – 2010 performance cycle less performance units earned and
vested for the 2008 period on February 27, 2009. The amount also includes the performance unit grant made to each of the
executives, except for Mr. Cassidy who was awarded a cash-payment performance award, for the 2009 – 2011 performance
cycle on January 30, 2009.
(c) Assuming the target number of shares are earned, amounts represent the equity incentive plan awards not yet vested. The value is
based on the closing price of the Company’s common shares on December 31, 2009 ($3.45).
45
Proxy Statement