Lexmark 2015 Annual Report Download - page 29

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25
Equity Compensation Plan Information
The following table provides information about the Company’s equity compensation plans as of December 31, 2015:
(Number of Securities in Millions)
Number of
Number of
Securities to be
Securities
Issued Upon
Remaining
Exercise of
Weighted Average
Available for
Outstanding
Exercise Price of
Future Issuance
Options,
Outstanding
Under Equity
Warrants and
Options, Warrants
Compensation
Rights
and Rights (1)
Plans
Equity compensation plans approved by stockholders
4.0
(2)
$
36.29
7.9
(3)
Equity compensation plans not approved by stockholders:
Broad-Based Employee Stock Plan (4)
–
44.65
–
Kofax Plans (5)
0.7
26.17
–
Total
4.7
$
34.48
7.9
(1) The numbers in this column represent the weighted average exercise price of stock options only.
(2) Of the approximately 4.0 million shares outstanding under the equity compensation plans approved by stockholders, there were approximately 0.8
million stock options (of which 643,000 are employee stock options and 122,000 are nonemployee director stock options) and approximately 3.2
million restricted stock units (“RSUs”) and deferred stock units (“DSUs”), including associated dividend equivalent units (of which 2,951,000
are employee RSUs and DSUs and 293,000 are nonemployee director RSUs and DSUs). Performance-based RSUs granted in 2013 and 2014
were included at the target level of achievement. Performance-based RSUs granted in 2015 were included at maximum achievement level. Refer
to Part II, Item 8, Note 6 of the Notes to Consolidated Financial Statements for more information.
(3) Of the approximately 7.9 million shares available, 7.7 million relate to employee plans (of which 3.8 million may be granted as full-value awards)
and 0.2 million relate to the nonemployee director plan.
(4) As of December 31, 2015, approximately 46,000 shares remained outstanding (all of which are in the form of stock options) 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 Broad-Based Plan.
(5) As of December 31, 2015, approximately 693,000 shares remained outstanding (222,000 stock options and 471,000 RSUs) pursuant to awards
granted under Kofax equity compensation plans that were converted into Lexmark options and RSUs in connection with the acquisition of Kofax
in May 2015. No additional awards will be granted under the Kofax plans.