GNC 2009 Annual Report Download - page 144

Table of Contents
Grants of Plan-Based Awards
The following table sets forth information concerning awards under the Company's non-equity incentive plans granted to each of the 2008
Named Executive Officers during the fiscal year ended December 31, 2008. Assumptions used in the calculation of certain dollar amounts are
included in Note 18 under the heading "Stock-Based Compensation Plans" of the Notes to the Company's Consolidated Financial Statements
included in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2008.
All Other
Option
Awards: Exercise Grant Date
Number of or Base Fair Value
Estimated Possible Payouts under Non-equity Incentive Securities Price of of Stock
Plan Awards (1) Underlying Option and Option
Threshold #1 Threshold #2 Target Maximum Options Awards Awards
Name Grant Date ($) ($) ($) ($) (#)(2) ($/Sh) ($)(3)
Joseph Fortunato — 211,803 423,606 641,827 1,069,711 — — —
Beth J. Kaplan January 2, 2008 — — — — 875,000 6.93 1,846,250
January 2, 2008 — — — — 875,000 10.39 1,846,250
— 167,063 334,125 506,250 843,750 — — —
Michael M. Nuzzo October 21, 2008 150,000 9.57 231,000
October 21, 2008 150,000 14.53 231,000
— 14,622 29,243 44,308 98,462 — — —
Thomas Dowd — 49,376 98,753 149,625 332,500 — — —
Michael Locke — 35,673 71,346 108,100 202,688 — — —
J. Kenneth Fox — 27,707 55,415 83,962 157,428 — — —
(1) The amounts represent the threshold, target and maximum potential amounts that might have been payable based on the targets
approved for the 2008 Named Executive Officers under the 2008 Incentive Plan. See "Compensation Discussion and Analysis—How We
Chose Amounts and/or Formulas for Each Element" for more information regarding the thresholds under the 2008 Incentive Plan. See "—
Summary Compensation Table—Non-Equity Incentive Plan Compensation" and footnote 3 to the Summary Compensation Table for
information regarding the actual amounts paid in February 2009 to the 2008 Named Executive Officers under the 2008 Incentive Plan.
(2) Time-based stock option awards made under the 2007 Stock Plan, which awards vest subject to continuing employment (a) in the case of
Ms. Kaplan, in four equal annual installments commencing on the first anniversary of the date of grant and (b) in the case of Mr. Nuzzo, in
five equal annual installments commencing on the first anniversary of the date of grant.
(3) These amounts are valued based on the aggregate grant date fair value of the award determined in accordance with FAS 123R. For
additional information, see Note 18 under the heading "Stock-Based Compensation Plans" of the Notes to Consolidated Financial
Statements included in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2008. The amounts reflect
the accounting expense for these awards and do not correspond to actual value that may be recognized by such persons with respect to
these awards.
Outstanding Equity Awards at Fiscal Year-End
The table below sets forth information regarding exercisable and unexercisable option awards granted to the 2008 Named Executive
Officers under our 2007 Stock Plan and held as of December 31, 2008. No stock options were exercised in 2008.
Option Awards
Number of Securities Option
Underlying Unexercised Exercise
Options (#)(1) Price
Name Exercisable Unexercisable ($) Option Expiration Date
Joseph Fortunato 20,000 60,000 5.00 3/16/2017
295,719 887,158 5.00 3/16/2017
315,719 947,158 7.50 3/16/2017
Beth J. Kaplan — 875,000 6.93 1/2/2018
— 875,000 10.39 1/2/2018
Michael M. Nuzzo — 150,000 9.57 10/21/2018
— 150,000 14.35 10/21/2018
Thomas Dowd 35,409 141,635 5.00 3/16/2017
35,409 141,635 7.50 3/16/2017
9,591 38,365 5.00 5/4/2017
9,591 38,365 7.50 5/4/2017
Michael Locke 27,077 108,310 5.00 3/16/2017
27,077 108,310 7.50 3/16/2017
J. Kenneth Fox 27,077 108,310 5.00 3/16/2017
27,077 108,310 7.50 3/16/2017
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