Cincinnati Bell 2012 Annual Report Download - page 62

Option Exercises and Stock Vested
The following table sets forth information concerning the exercise of options and the vesting of stock held
by the NEOs during the year ended December 31, 2012:
Option Exercises and Stock Vested in 2012
Option Awards Stock Awards
Name
Number of Shares
Acquired on Exercise
(#) (a)
Value Realized
on Exercise
($) (b)
Number of Shares
Acquired on Vesting
(#) (c)
Value Realized on
Vesting
($) (d)
John F. Cassidy ................... 1,003,949 4,751,628 — —
Kurt A. Freyberger ................ — — 27,522 93,575
Theodore H. Torbeck .............. — — 210,526 677,894
Gary J. Wojtaszek ................. 440,734 1,439,188 114,796 390,306
Christopher J. Wilson .............. 767,287 1,540,376 87,604 297,854
(a) The amounts shown represent shares issued upon exercise of both stock options and share-settled stock
appreciation rights.
(b) The value realized on exercise is based upon the closing price of a share of our common stock on the date of
exercise compared to the exercise or strike price of the option or stock appreciation award.
(c) The amount shown for Mr. Torbeck represents vesting of one-third of the restricted shares granted on
January 14, 2011. The amounts shown for Messrs. Freyberger, Wojtaszek and Wilson represent shares issued
in January 2012 upon vesting of long-term performance plan awards.
(d) The amounts represent the value realized upon vesting based on the closing price of a share of our common
stock on the respective vesting dates. For Mr. Torbeck, the vesting date of his award was January 3, 2012
($3.22). For Messrs. Freyberger, Wojtaszek and Wilson the vesting date of their awards was January 30,
2012 ($3.40).
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