Classmates.com 2005 Annual Report Download - page 104

Download and view the complete annual report

Please find page 104 of the 2005 Classmates.com 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 116

  • 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

The following table summarizes activity under the Plans during the year ended June 30, 2003, the six months ended December 31, 2003 and
the years ended December 31, 2004 and 2005 (in thousands, except per share amounts):
Additional information with respect to the outstanding options at December 31, 2005 is as follows (in thousands, except per share amounts):
The number of option shares exercisable at December 31, 2005, 2004 and 2003 and June 30, 2003 were 9.3 million, 10.8 million,
9.5 million and 10.3 million, respectively with weighted average exercise prices of $13.94, $12.98, $11.35 and $10.61, respectively.
F- 35
Number
of Shares
Price
Per Share
Weighted
Average
Exercise Price
Options outstanding at June 30, 2002
15,217
$
0.11
-
$118.54
$
7.83
Granted
3,306
5.73
-
17.97
16.42
Exercised
(2,682
)
0.11
-
16.81
2.63
Canceled
(1,106
)
0.84
-
75.42
16.29
Options outstanding at June 30, 2003
14,735
0.11
-
118.54
9.98
Granted
292
16.73
-
27.47
20.69
Exercised
(1,698
)
0.84
-
24.27
5.22
Canceled
(122
)
1.23
-
72.29
9.25
Options outstanding at December 31, 2003
13,207
0.11
-
118.54
10.83
Assumed in connection with acquisition
540
2.16
-
9.59
5.09
Granted
1,818
9.25
-
20.38
17.83
Exercised
(1,856
)
0.84
-
18.33
3.24
Canceled
(479
)
1.23
-
101.25
14.37
Options outstanding at December 31, 2004
13,230
0.11
-
118.54
12.50
Granted
2,541
8.76
-
14.47
11.20
Exercised
(2,374
)
0.33
-
12.61
2.47
Canceled
(1,769
)
0.84
-
84.58
18.71
Options outstanding at December 31, 2005
11,628
$
0.11
-
$118.54
$
13.31
Options Outstanding
Weighted Average
Options Exercisable
Number
Remaining
Average Exercise
Number
Average Exercise
Prices
of Shares
Contractual Life
Price
of Shares
Price
$0.11
–
$
2.00
1,135
5.7
$
1.23
1,135
$
1.23
2.01
–
5.00
1,012
5.0
3.23
991
3.21
5.01
–
10.00
2,078
6.5
6.24
1,839
6.11
10.01
–
13.00
2,175
9.0
11.05
384
11.98
13.01
–
16.00
320
9.0
13.92
85
13.98
16.01
–
20.00
4,090
7.5
18.19
4,090
18.19
20.01
–
30.00
313
5.6
24.53
313
24.53
30.01
–
50.00
305
4.1
39.57
305
39.57
50.01
–
118.54
200
4.1
72.35
200
72.35
$0.11 – $118.54
11,628
7.1
$
13.31
9,342
$
13.94