Support.com 2007 Annual Report Download - page 87

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Securities Authorized for Issuance Under Equity Compensation Plans
Equity Compensation Plan Information
As of December 31, 2007
Plan Category
Number of securities
to be issued upon
exercise of
outstanding options,
warrants, and rights
(a)
Weighted-average exercise
price of outstanding options,
warrants, and rights
(b)
Number of securities
remaining available for
future issuance under
equity compensation
plans (excluding
securities reflected in
column (a))
(c)
Equity Compensation Plans approved by security
holders(1) 12,738,765 $ 4.98 2,891,251(2)
Equity Compensation Plans not approved by security
holders(3) — — —
Total 12,738,765 $ 4.98 2,891,251(4)
(1)
Includes 1998 Stock Option Plan and 2000 Omnibus Equity Incentive Plan. Stock options, restricted stock, restricted stock units or stock appreciation
rights may be awarded under the 2000 Omnibus Equity Incentive Plan and 1998 Stock Option Plan.
(2)
The number of shares reserved for issuance under the 2000 Omnibus Equity Incentive Plan (the "2000 Incentive Plan") is subject to an annual increase
as follows:
The aggregate number of options, SARs, stock units and restricted shares of common stock that may be awarded under the 2000 Incentive Plan shall
automatically increase each year by a number equal to the lesser of (i) 2,000,000 shares of common stock, (ii) 5% of the outstanding shares of
common stock on December 31 of such year or (iii) a lesser amount determined by our board of directors. The aggregate number of shares of common
stock which may be issued under the 2000 Incentive Plan shall at all times be subject to adjustment as a result of stock splits, dividends payable in
shares, combinations or consolidations of outstanding stock, recapitalizations, mergers or reorganizations. The number of shares of common stock
which are subject to options or other rights outstanding at any time under the 2000 Incentive Plan shall not exceed the number of shares which then
remain available for issuance under the 2000 Incentive Plan. During the term of the 2000 Incentive Plan, we shall at all times reserve and keep
available sufficient shares of common stock to satisfy the requirements of the 2000 Incentive Plan.
(3)
None.
(4)
The amount does not include 1,776,728 shares available for purchase pursuant to our 2000 Employee Stock Purchase Plan. Shares of common stock
will be purchased at a price equal to 85% of the fair market value per share of common stock on either the first day preceding the six-month offering
period or the last date of the offering period, whichever is less. The number of shares reserved for issuance shall automatically increase each year by a
number equal to the lesser of (i) 2,000,000 shares, (ii) 3% of the outstanding common stock on that date, or (iii) a lesser amount determined by our
board of directors.
83
Source: SUPPORTSOFT INC, 10-K, March 13, 2008