GNC 2010 Annual Report Download - page 155

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(2) Represents the incremental fair value of Mr. Nuzzo's stock options computed in accordance with FASB ASC Topic 718 with respect to
which the exercise prices were repriced. On May 14, 2009, the Compensation Committee repriced the exercise prices of 150,000 of
Mr. Nuzzo's options that were granted on October 21, 2008 from $9.57 to $7.70 per share. For more information, please see "Option
Repricing" above. 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, 2009.
(3) Represents the incremental fair value of Mr. Nuzzo's stock options computed in accordance with FASB ASC Topic 718 with respect to
which the exercise prices were repriced. On May 14, 2009, the Compensation Committee repriced the exercise prices of 150,000 of
Mr. Nuzzo's options that were granted on October 21, 2008 from $14.35 to $11.55 per share. For more information, please see "Option
Repricing" above. For additional information, see Note 18 under the heading "Stock-Based Compensation Plans" of the Notes to the
Consolidated Financial Statements included in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2009.
Outstanding Equity Awards at Fiscal Year-End
The table below sets forth information regarding exercisable and unexercisable option awards granted to the 2009 Named Executive
Officers under our 2007 Stock Plan and held as of December 31, 2009.
Option Awards
Number of Securities Underlying Unexercised Option
Options (#)(1) Exercise Price
Name Exercisable Unexercisable ($) Option Expiration Date
Joseph Fortunato 40,000 40,000 5.00 3/16/2017
591,438 591,439 5.00 3/16/2017
631,438 631,439 7.50 3/16/2017
Beth J. Kaplan 175,000 700,000 6.93 1/2/2018
175,000 700,000 10.39 1/2/2018
Michael M. Nuzzo 30,000 120,000 7.70 10/21/2018
30,000 120,000 11.55 10/21/2018
Thomas Dowd 70,817 106,277 5.00 3/16/2017
70,817 106,277 7.50 3/16/2017
19,182 28,774 5.00 5/4/2017
19,182 28,774 7.50 5/4/2017
Gerald Stubenhofer 25,000 37,500 5.00 11/1/2017
25,000 37,500 7.50 11/1/2017
(1) Time-based stock option awards made under the 2007 Stock Plan, which awards vest subject to continuing employment, other than the
stock options granted to Mr. Fortunato and Ms. Kaplan, in five equal annual installments commencing on the first anniversary of the date
of grant. For the stock options granted to Mr. Fortunato and Ms. Kaplan, such stock options vest in four equal annual installments
commencing on the first anniversary of the date of grant.
Option Exercises and Stock Vested
No stock options were exercised in 2009. We have not issued, nor are there any outstanding, shares of restricted stock.
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