GNC 2011 Annual Report Download - page 162

Table of Contents
The table below sets forth information regarding exercisable and unexercisable stock options granted to the listed directors and held as of December 31, 2010. No
other stock awards were made to the directors, and no stock options were exercised by the directors in 2010.
(2)
Option Awards Outstanding
Name Exercisable Unexercisable
Norman Axelrod 219,236 146,156
Carmen Fortino 21,706 14,470
Michael Hines 11,920 47,680
Richard Wallace — 35,000
Reflects reimbursements for travel and entertainment expenses.
Mr. Fortino received payment, after withholdings for taxes, in Canadian dollars in the amount of CAD $28,702. The amount set forth in the table above reflects such
amount in U.S. dollars based on an average conversion rate of 1.03%.
Resigned from our board of directors in June 2010.
Reflects (i) a $20,000 payment in September 2010 for Mr. Wallace's service as a director for our third and fourth fiscal quarters of 2010 and (ii) a $10,000 payment
for Mr. Wallace's service as a director for our first fiscal quarter of 2011.
(3)
(4)
(5)
(6)
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
The following table sets forth, as of February 24, 2011 (the "Ownership Date"), the number of shares of our Parent's common stock and Series A
preferred stock beneficially owned by (1) each person or group known by us to own beneficially more than 5% of the outstanding shares of our Parent's
common stock, (2) each director, (3) each Named Executive Officer, and (4) all directors and executive officers as a group.
Percentage ownership is based on a total of 87,367,249 shares of our Parent's Class A common stock and Class B common stock and 29,867,046 shares
of our Parent's Series A preferred stock outstanding as of the Ownership Date, subject to the assumptions described below.
Unless otherwise indicated in the footnotes to the table, and subject to community property laws where applicable, the following persons have sole
voting and investment control with respect to the shares beneficially owned by them. In accordance with SEC rules, if a person has a right to acquire
beneficial ownership of any shares of our Parent's common stock, on or within 60 days of the Ownership Date, upon exercise of outstanding options or
otherwise, the shares are deemed beneficially owned by that person and are deemed to be outstanding solely for the purpose of
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