Clearwire 2008 Annual Report Download - page 59

Th
eta
bl
e
b
e
l
ow presents
i
n
f
ormat
i
on as o
f
Decem
b
er 31, 2008
f
or our equ
i
ty compensat
i
on p
l
ans, w
hi
c
h
was
p
reviousl
y
approved b
y
Old Clearwire’s stockholders. We do not have an
y
equit
y
compensation plans that have no
t
b
een approved by stockholders.
Pl
an cate
g
ory
N
umber of
S
ecuritie
s
T
o
B
e
I
ssue
dUp
o
n
Exerc
i
se o
f
Outstandin
g
Option
s
Vesting of Restricte
d
Stock Units
(
1
)
Wei
g
hted Avera
g
e
Ex
e
r
c
i
se
Pri
ce
of O
p
tions(3)
N
umber of
S
ecuritie
s
Remaining Available
fo
rF
u
t
u
r
e
I
ssua
n
ce
Under E
q
u
i
t
y
C
om
p
ensat
i
on Plans
(
Excluding Securities
R
ef
l
ec
t
ed i
nth
e
F
irst Column
)
Equ
i
ty compensat
i
on p
l
ans approve
dby
stoc
kh
o
ld
er
s
...................
22,444,226
(
2
)
14.21 78,859,00
0
(1) All of the securities were acquired in connection with the closing of the Transactions.
(2) Our equ
i
ty compensat
i
on p
l
ans aut
h
or
i
ze t
h
e
i
ssuance o
f
stoc
k
opt
i
ons, stoc
k
apprec
i
at
i
on r
i
g
h
ts, restr
i
cte
d
stoc
k
,
r
estricted stock units, and other stock-based awards. Of these shares, 19,171,
6
01 are to be issued u
p
on the exercise
of outstanding options and 3,272,625 are to be issued pursuant to the vesting of outstanding restricted stock units.
(3) As t
h
ere
i
s no exerc
i
se pr
i
ce
f
or restr
i
cte
d
stoc
k
un
i
ts, t
hi
spr
i
ce represents t
h
ewe
i
g
h
te
d
average exerc
i
se pr
i
c
e
of stock options onl
y
.
D
ividend Polic
y
We have not declared or paid an
y
dividends on our Common Stock since the closin
g
of the Transactions. W
e
c
urrent
l
y expect to reta
i
n
f
uture earn
i
ngs,
if
any,
f
or use
i
nt
h
e operat
i
on an
d
expans
i
on o
f
our
b
us
i
ness. We
d
o not
ant
i
c
i
pate pay
i
ng any cas
hdi
v
id
en
d
s
i
nt
h
e
f
oreseea
bl
e
f
uture. In a
ddi
t
i
on, covenants
i
nt
h
e
i
n
d
enture govern
i
ng ou
r
s
enior secured notes and the loan documents
g
overnin
g
our Senior Term Loan Facilit
y
impose si
g
nifican
t
r
estr
i
ct
i
ons on our a
bili
ty to pay
di
v
id
en
d
s to our stoc
kh
o
ld
ers
.
P
erformance Gra
ph
T
he graph below compares the annual percentage change in the cumulative total return on Clearwire Class
A
Common Stoc
k
w
i
t
h
t
h
e NASDAQ Compos
i
te In
d
ex an
d
t
h
e NASDAQ Te
l
ecom In
d
ex. T
h
e
g
rap
h
s
h
ows t
h
eva
l
ue
as of December 31, 2008, of $100 invested on December 1, 2008 in Clearwire Class A Common Stock, the
NASDAQ Com
p
osite Index and the NASDAQ Telecom Index.
C
om
p
ar
i
son o
fC
umulat
i
ve Total Returns
Among Clearwire Corporation, NA
S
DAQ Composite Index, and NA
S
DAQ Telecom Inde
x
0
25
50
75
100
125
150
175
200
1
2
/
31
/
08
1
2
/
26
/
0
8
12/1
9
/0
8
1
2
/
12
/
08
1
2
/
5
/
08
1
2
/
1
/
0
8
D
O
LLAR
S
Cl
earw
i
re
N
asdaq Composite Index
N
as
d
aq Te
l
ecom In
d
ex
12/1/2008 12/5/2008 12/12/2008 12/19/2008 12/26/2008 12/31/2008
Clearwire $100.00 $ 53.48 $ 54.81 $ 49.87 $ 53.88 $ 65.91
NASDAQ Composite Index $100.00 $107.96 $110.20 $111.89 $109.45 $112.80
NASDAQ Telecom Index $100.00 $106.07 $111.21 $112.66 $109.92 $112.14
4
7