Neiman Marcus 2012 Annual Report Download - page 68
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March 28, 2012, the date of the 2012 Dividend declaration, the exercise price of the vested portion of the grant had accreted to $1,210 and was adjusted
to $992.50. The exercise price of the unvested portion of the grant on March 28, 2012 was adjusted to $775.00 per share from $1,210 per share. On
December 15, 2013, the exercise price of the Accreting Options that were vested on March 28, 2012 will increase to $1,200.93 per share and the exercise
price of the Accreting Options that were unvested on March 28, 2012 will increase to $937.75 per 10% compound rate annual increase as described
above in this footnote.
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