Honeywell 2009 Annual Report Download - page 147

EQUITY COMPENSATION PLANS
As of December 31, 2009 information about our equity compensation plans is as follows:
Plan
Category
Number of
Shares to
be Issued
Upon
Exercise of
Outstanding
Options,
Warrants
and Rights
Weighted-
Average
Exercise
Price of
Outstanding
Options,
Warrants and
Rights
Number of
Securities
Remaining
Available for
Future Issuance
Under Equity
Compensation
Plans (Excluding
Securities
Reflected in
Column(a))
(a) (b) (c)
Equity compensation plans approved by security holders 50,478,928(1) $ 38.58(2) 33,052,271(3)
Equity compensation plans not approved by security
holders 714,223(4) N/A(5) N/A(6)
Total 51,193,151 $ 38.58 33,052,271
(1) Equity compensation plans approved by shareowners that are included in column (a) of the table are the
2006 Stock Incentive Plan of Honeywell International Inc. and its Affiliates (the "2006 Stock Incentive Plan")
(17,551,405 shares of Common Stock to be issued for options; 33,700 shares to be issued for stock
appreciation rights (SARs); 7,408,460 restricted units subject to continued employment; and 1,121,639
deferred restricted units of earned and vested awards under prior plans that were approved by shareowners
where delivery of shares has been deferred); the 2003 Stock Incentive Plan of Honeywell International Inc.
and its Affiliates (the "2003 Stock Incentive Plan") (14,260,227 shares of Common Stock to be issued for
options; 3,600 shares to be issued for SARs; and 652,656 restricted units subject to continued employment);
the 1993 Stock Plan for Employees of Honeywell International Inc. and its Affiliates (8,724,616 shares of
Common Stock to be issued for options; 39,325 shares to be issued for SARs; and 383,300 restricted units
subject to continued employment); the 2006 Stock Plan for Non-Employee Directors of Honeywell
International Inc. (the "Non-Employee Director Plan") (175,000 shares of Common Stock to be issued for
options; 3,000 restricted units subject to continued services;) and the 1994 Stock Plan for Non-Employee
Directors of Honeywell International Inc. (122,000 shares of Common Stock to be issued for options).
957,669 growth plan units were issued for the performance cycle commencing on January 1, 2007 and
ending December 31, 2008 pursuant to the 2006 Stock Incentive Plan. The ultimate value of any growth plan
award may be paid in cash or shares of Common Stock and, thus, growth plan units are not included in the
table above. The ultimate value of growth plan units depends upon the achievement of pre-established
performance goals during a two-year performance cycle relating to growth in earnings per share, revenue
and return on investment. 50% of the payment related to these growth plan units was paid in 2009 and the
remaining 50% will be paid in 2010, subject to active employment on the payment dates.
Because the number of future shares that may be distributed to employees participating in the Honeywell
Global Stock Plan is unknown, no shares attributable to that plan are included in column (a) of the table
above.
(2)
Column (b) does not include any exercise price for restricted units or growth plan units granted to employees
or non-employee directors under equity compensation plans approved by shareowners. Restricted units do
not have an exercise price because their value is dependent upon attainment of certain performance goals or
continued employment or service and they are settled for shares of Common Stock on a one-for-one basis.
Growth plan units are denominated in cash units and the ultimate value of the award is dependent upon
attainment of certain performance goals.