GNC 2011 Annual Report Download - page 148

Table of Contents
Outstanding Equity Awards at Fiscal Year-End
The table below sets forth information regarding exercisable and unexercisable option awards granted to our Named Executive Officers under the 2007
Stock Plan and held as of December 31, 2010.
Option Awards
Number of Securities Underlying
Unexercised Options (#)(1)
Option
Exercise
Price
($)
Option
Expiration
Date Name Grant Date Exercisable Unexercisable
Joseph
Fortunato 3/16/2007 60,000 20,000 5.00 3/16/2017
3/16/2007 887,158 295,719 5.00 3/16/2017
3/16/2007 947,158 315,719 7.50 3/16/2017
Michael M.
Nuzzo 10/21/2008 60,000 90,000 7.70 10/21/2018
10/21/2008 60,000 90,000 11.55 10/21/2018
Beth J.
Kaplan 1/2/2008 350,000 525,000 6.93 1/2/2018
1/2/2008 350,000 525,000 10.39 1/2/2018
David P.
Berg 5/26/2009 0 18,625 7.91 9/7/2011(2)
5/26/2009 0 6,375 5.00(2) 9/7/2011(2)
10/21/2009 32,500 130,000 8.42 10/21/2019
5/13/2010 0 125,000 10.09 5/13/2020
10/21/2009 32,500 130,000 12.63 10/21/2019
Thomas
Dowd 3/16/2007 106,226 70,818 5.00 3/16/2017
3/16/2007 106,226 70,818 7.50 3/16/2017
5/4/2007 28,774 19,182 5.00 5/4/2017
5/4/2007 28,774 19,182 7.50 5/4/2017
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, such stock options vest in four equal annual installments commencing on
the first anniversary of the date of grant. For the stock options granted to Ms. Kaplan, 20% vest upon each of the first and second
anniversaries of the date of grant, and 30% vest upon each of the third and fourth anniversaries of the date of grant.
In connection with the commencement of his employment, Mr. Berg was granted (i) an option to purchase 18,625 shares of our Parent's
Class A common stock pursuant to the 2007 Stock Plan and (ii) an option to purchase 6,375 shares of our Parent's Series A preferred
stock at a per share exercise price equal to $5.00 plus accrued and unpaid dividends through the date of purchase on terms consistent
with the 2007 Stock Plan, each of which vests upon the second anniversary of the commencement of his employment and is exercisable
for a period of seven days thereafter. Mr. Berg is the only executive officer who has been granted options to purchase our Series A
preferred stock.
(1)
(2)
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