Clearwire 2009 Annual Report Download - page 119

Download and view the complete annual report

Please find page 119 of the 2009 Clearwire 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 146

  • 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
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146

A summary o
f
opt
i
on act
i
v
i
ty
f
rom January 1, 2007 t
h
roug
h
Decem
b
er 31, 2009
i
s presente
db
e
l
ow:
N
umber o
f
O
ption
s
W
eighted
-
Averag
e
Exerc
i
s
e
Price
W
e
ig
hted
-
A
vera
ge
Remaining
C
ontractua
l
Ter
m
(
Years
)
Agg
re
g
at
e
Intrinsic
V
alue As o
f
1
2
/
31
/
2009
(
In millions
)
O
ptions outstandin
g
— Januar
y
1, 200
7
...... —
O
ptions outstandin
g
— December 31, 2007
.... —
O
pt
i
ons acqu
i
re
di
n purc
h
ase account
i
n
g
—
November 28, 2008
...................
1
9,093,614 $14.38
G
rante
d
..
............................
4
25,000 4.10
For
f
e
i
te
d
.
.
...........................
(
337,147
)
11.6
4
Exercised
.
.
..........................
.
(
9,866
)
3.00
O
ptions outstandin
g
— December 31, 2008
....
19,171,601 $14.21 6.36
G
rante
d
............................
7,07
5
,000 4.30
F
o
r
feited
...........................
(
4,084,112) 15.1
3
Exerc
i
se
d
...........................
(
624,758
)
3.51
Opt
i
ons outstan
di
ng — Decem
b
er 31, 200
9
.
..
.
21
,
537
,
731
$
11.09 6.39
$
25.51
Veste
d
an
d
expecte
d
to vest — Decem
b
er 31,
2009
.
.
............................
19,715,140 $11.45 6.23 $22.17
E
xercisable outstanding — December 31
,
2
009 .
.
............................
1
2
,
066
,
459
$
13.54 5.21
$
8.4
2
T
he intrinsic value of options exercised during the years ended December 31, 2009 and 2008 was
$
2.3 millio
n
and
$
15,000, respectively.
I
n
f
ormat
i
on regar
di
ng stoc
k
opt
i
ons outstan
di
ng an
d
exerc
i
sa
bl
easo
f
Decem
b
er 31, 2009
i
sas
f
o
ll
ows
:
Exercise Prices
N
umber o
f
Options
W
eighte
d
Averag
e
C
ontractua
l
L
ife
Rema
i
n
i
n
g
(
Years
)
W
e
ig
hte
d
A
vera
g
e
Exercise
Pric
e
N
umber o
f
O
ption
s
W
e
ig
hte
d
A
vera
g
e
Exercise
Pri
ce
O
ptions Outstanding Options Exercisable
$2.25 — $3.00
........................
1,421,199 4.01 $ 2.89 1,421,199 $ 2.8
9
$
3.0
3
...........................
3
,7
00
,
000 9
.
19 3
.
03
—
—
$3.53 — $5.45
........................
1
,296,750 5.78 4.16 107,500 4.1
0
$
6.0
0
...........................
3
,
4
66,
399 4.43
6
.00 3
,
4
66,
399
6
.00
$
6.07 —
$
11.0
3
.......................
2,
856
,
699 8.12 8.63 279
,
092 10.97
$
11.15 —
$
16.02 .....................
.
1,
380
,
101 5.46 14.62 1
,
069
,
318 14.8
5
$
17.11 .........................
.
2,
177
,
899 4.72 17.11 1
,
233
,
06
5
17.1
1
$
18.00 —
$
23.30
......................
3
,
386
,
4
5
1 6.60 20.3
5
2
,
884
,
80
5
20.0
7
$23.52 — $25.01
......................
1
,847,233 6.33 24.99 1,602,
5
81 24.9
9
$
25.33
..........................
5
,000 7.
5
42
5
.33 2,
5
00 2
5
.3
3
Tota
l
.......................
21
,
537
,
731 6.39
$
11.09 12
,
066
,
459
$
13.5
4
109
CLEARWIRE CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS —
(
Continued
)