Virgin Media 2014 Annual Report Download - page 26

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VIRGIN MEDIA INC.
(See note 1)
Notes to Condensed Consolidated Financial Statements — (Continued)
June 30, 2014
(unaudited)
24
PSARs — Class A ordinary shares Number of
shares
Weighted
average
base price
Weighted
average
remaining
contractual
term
Aggregate
intrinsic
value
in years in millions
Outstanding at January 1, 2014.......................................................... 267,498 $ 36.00
Granted............................................................................................. 10,000 $ 43.59
Exercised.......................................................................................... (6,248) $ 35.03
Transfers........................................................................................... (10,000) $ 35.03
Outstanding at June 30, 2014 (a)........................................................ 261,250 $ 35.59 5.8 $ 2.3
Exercisable at June 30, 2014.............................................................. — $ — — $ —
PSARs — Class C ordinary shares Number of
shares
Weighted
average
base price
Weighted
average
remaining
contractual
term
Aggregate
intrinsic
value
in years in millions
Outstanding at January 1, 2014.......................................................... 802,494 $ 34.35
Granted............................................................................................. 30,000 $ 43.03
Exercised.......................................................................................... (18,744) $ 33.41
Transfers........................................................................................... (30,000) $ 33.41
Outstanding at June 30, 2014 (a)........................................................ 783,750 $ 34.02 5.8 $ 7.9
Exercisable at June 30, 2014.............................................................. — $ — — $ —
______________
(a) The pound sterling equivalent amounts for the aggregate intrinsic value for outstanding Liberty Global Class A and Class
C PSARs are £1.3 million and £4.6 million, respectively.
RSUs — Class A ordinary shares Number of
shares
Weighted
average
grant-date
fair value
per share
Weighted
average
remaining
contractual
term
in years
Outstanding at January 1, 2014................................................................................. 453,087 $ 38.85
Granted ................................................................................................................... 45,808 $ 40.91
Forfeited.................................................................................................................. (7,015) $ 38.80
Released from restrictions ...................................................................................... (158,256) $ 38.70
Transfers ................................................................................................................. (20,601) $ 39.99
Outstanding at June 30, 2014.................................................................................... 313,023 $ 38.90 6.9