Lexmark 2011 Annual Report Download - page 33

Equity Compensation Plan Information
The following table provides information about the Company’s equity compensation plans as of
December 31, 2011:
(Number of Securities in Millions)
Plan Category
Number of Securities to
be Issued Upon
Exercise of
Outstanding Options,
Warrants and Rights
Weighted Average
Exercise Price of
Outstanding Options,
Warrants and
Rights (1)
Number of Securities
Remaining Available
for Future Issuance
Under Equity
Compensation Plans
Equity compensation plans approved by
stockholders ........................ 8.9
(2) $60.35 6.9(3)
Equity compensation plans not approved
by stockholders(4) .................... 0.2 44.47 0.0
Total ................................. 9.1 $60.04 6.9
(1) The numbers in this column represent the weighted average exercise price of stock options only.
(2) As of December 31, 2011, of the approximately 8.9 million awards outstanding under the equity compensation plans
approved by stockholders, there were approximately 6.6 million stock options (of which 6,366,000 are employee stock
options and 283,000 are nonemployee director stock options), approximately 2.2 million restricted stock units (“RSUs”) and
supplemental deferred stock units (“DSUs”), including associated dividend equivalent units (“DEUs”) (of which 2,075,000 are
employee RSUs and supplemental DSUs and 130,000 are nonemployee director RSUs), and 91,000 elective DSUs,
including associated DEUs (of which 26,000 are employee elective DSUs and 65,000 are nonemployee director elective
DSUs) that pertain to voluntary elections by certain members of management to defer all or a portion of their annual
incentive compensation and by certain nonemployee directors to defer all or a portion of their annual retainer, chair retainer
and/or meeting fees, that would have otherwise been paid in cash. Performance-based RSUs granted in 2011 were included
at the target level of achievement. Refer to Part II, Item 8, Note 6 of the Notes to Consolidated Financial Statements for
more information.
(3) Of the 6.9 million shares available, 6.6 million relate to employee plans (of which 3.4 million may be granted as full-value
awards) and 0.3 million relate to the nonemployee director plan.
(4) As of December 31, 2011, 161,000 shares remained outstanding (of which approximately 133,000 are in the form of stock
options and 29,000 are in the form of RSUs, including associated DEUs) pursuant to awards made under the Lexmark
International, Inc. Broad-Based Employee Stock Incentive Plan (the “Broad-Based Plan”), an equity compensation plan
which had not been approved by the Company’s stockholders. On February 24, 2011, the Company’s Board of Directors
terminated the Broad-Based Plan and cancelled the remaining available shares that had been authorized for issuance under
the Plan.
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