Rite Aid 2015 Annual Report Download - page 100

RITE AID CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
For the Years Ended February 28, 2015, March 1, 2014 and March 2, 2013
(In thousands, except per share amounts)
15. Stock Option and Stock Award Plans (Continued)
award, net of an estimate for the impact of forfeitures. Operating results for fiscal 2015, 2014 and 2013
include $23,390, $16,194 and $17,717 of compensation costs related to the Company’s stock-based
compensation arrangements.
In November 1999, the Company adopted the 1999 Stock Option Plan (the 1999 Plan), under
which 10,000 shares of common stock are authorized for the granting of stock options at the discretion
of the Board of Directors.
In December 2000, the Company adopted the 2000 Omnibus Equity Plan (the 2000 Plan) under
which 22,000 shares of common stock are reserved for granting of restricted stock, stock options,
phantom stock, stock bonus awards and other stock awards at the discretion of the Board of Directors.
In February 2001, the Company adopted the 2001 Stock Option Plan (the 2001 Plan) which was
approved by the shareholders under which 20,000 shares of common stock are authorized for granting
of stock options at the discretion of the Board of Directors.
In April 2004, the Board of Directors adopted the 2004 Omnibus Equity Plan, which was approved
by the shareholders. Under the plan, 20,000 shares of common stock are authorized for granting of
restricted stock, stock options, phantom stock, stock bonus awards and other equity based awards at the
discretion of the Board of Directors.
In January 2007, the stockholders of Rite Aid Corporation approved the adoption of the Rite Aid
Corporation 2006 Omnibus Equity Plan. Under the plan, 50,000 shares of Rite Aid common stock are
available for granting of restricted stock, stock options, phantom stock, stock bonus awards and other
equity based awards at the discretion of the Board of Directors.
In June 2010, the stockholders of Rite Aid Corporation approved the adoption of the Rite Aid
Corporation 2010 Omnibus Equity Plan. Under the plan, 35,000 shares of Rite Aid common stock are
available for granting of restricted stock, stock options, phantom stock, stock bonus awards and other
equity based awards at the discretion of the Board of Directors. The adoption of the 2010 Omnibus
Equity Plan became effective on June 23, 2010.
In June 2012, the stockholders of Rite Aid Corporation approved the adoption of the Rite Aid
Corporation 2012 Omnibus Equity Plan. Under the plan, 28,500 shares of Rite Aid common stock are
available for granting of restricted stock, stock options, phantom stock, stock bonus awards and other
equity based awards at the discretion of the Board of Directors. The adoption of the 2012 Omnibus
Equity Plan became effective on June 21, 2012.
In June 2014, the stockholders of Rite Aid Corporation approved the adoption of the Rite Aid
Corporation 2014 Omnibus Equity Plan. Under the plan, 58,000 shares of Rite Aid common stock plus
any shares of common stock remaining available for grant under the Rite Aid Corporation 2010
Omnibus Equity Plan and the Rite Aid Corporation 2012 Omnibus Equity Plan as of the effective date
of the 2014 Plan (provided that no more than 25,000 shares may be granted as incentive stock options)
are available for granting of restricted stock, stock options, phantom stock, stock bonus awards and
other equity based awards at the discretion of the Board of Directors. The adoption of the 2014
Omnibus Equity Plan became effective on June 19, 2014.
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