TripAdvisor 2012 Annual Report Download - page 169

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(8) Of these RSUs, all 3,895 vested on February 28, 2013.
(9) Of these RSUs, 11,798 will vest on October 3, 2013, 11,797 vest on October 3, 2014 and 11,798 vest on
October 3, 2015.
(10) Of these RSUs, all 1,208 vested on February 28, 2013.
2012 Option Exercises and Stock Vested
Option Awards Stock Awards
Name
Exercise or
Vest Date
Number of
Shares
Acquired on
Exercise
(#)(1)
Value
Realized on
Exercise
($)(2)
Number of Shares
Acquired on Vesting
(#)(3)
Value Realized
on Vesting
($)(4)
Barry Diller ..................... 2/27/2012 — — 9,213 293,987
2/28/2012 — — 10,317 333,342
12/11/2012 74,803 2,476,727 — —
12/11/2012 32,793 1,021,830 — —
12/14/2012 42,010 1,340,959 — —
Stephen Kaufer .................. 2/27/2012 — — 4,347 138,713
2/28/2012 — — 3,895 125,847
3/2/2012 — — 58,776 1,907,281
Julie M.B. Bradley ................ 10/3/2012 — — 11,797 378,920
Seth J. Kalvert ................... 2/27/2012 — — 1,348 43,015
2/28/2012 — — 1,207 38,998
(1) Represents the gross number of shares acquired upon exercise of vested options without taking into account
any shares that may be withheld to cover option exercise price or applicable tax obligations.
(2) Represents the value of exercised options calculated by multiplying (i) the number of shares of
TripAdvisor’s common stock to which the exercise of the option related by (ii) the difference between the
market price of TripAdvisor’s common stock at exercise and the exercise price of the options.
(3) Represents the gross number of shares acquired upon vesting of RSUs without taking into account any
shares that may be withheld to satisfy applicable tax obligations.
(4) Represents the value of vested RSUs calculated by multiplying the gross number of vested RSUs by the
closing price of TripAdvisor common stock on the NASDAQ Stock Market on the vesting date or if the
vesting occurred on a day on which the NASDAQ Stock Market was closed for trading, the next trading day.
Potential Payments Upon Termination or Change in Control
Certain of our compensation plans, award agreements and employment agreements entitle the named
executive officers to accelerated vesting of equity awards or severance payments in the event of a change in
control of TripAdvisor and/or upon the termination or material adverse modification of the executive’s
employment with TripAdvisor under specified circumstances. These plans and agreements are described below
as they apply to each named executive officer.
Change of Control Provisions of TripAdvisor’s 2011 Stock and Annual Incentive Plan and Award
Agreements Thereunder
In the event of a “change in control” (as defined in the 2011 Plan) of TripAdvisor, (i) any stock options
outstanding held by our named executive officers as of the date of the change in control which are not then
37