XM Radio 2010 Annual Report Download - page 42
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Please find page 42 of the 2010 XM Radio annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Outstanding Equity Awards at Fiscal Year-End 2010
The following table provides information with respect to the status at December 31, 2010 of all
unexercised options and unvested restricted stock and restricted stock units awarded to each of the named
executive officers.
Name
Number of
Securities
Underlying
Unexercised
Options
(#)
Exercisable
Number of
Securities
Underlying
Unexercised
Options
(#)
Unexercisable
Option
Exercise
Price
($)
Option
Expiration
Date
Number of
Shares or Units
of Stock that
have not
Vested
(#)
Market Value
of Shares or
Units of Stock
that have not
Vested
($)(7)
Option Awards
Mel Karmazin(1) ................. 30,000,000 90,000,000 0.43 12/31/2014 — —
Scott A. Greenstein(2) . . ........... 1,000,000 — 3.14 5/5/2014 — —
1,250,000 — 6.6020 8/8/2015 — —
326,250 108,750 3.70 2/1/2017 — —
303,500 303,500 2.87 1/23/2018 — —
— 20,826,102 0.43 7/27/2019 — —
James E. Meyer(3) ............... 50,000 — 6.75 12/14/2011 — —
66,666 — 1.04 8/11/2013 — —
1,350,000 — 5.54 2/2/2016 — —
384,000 128,000 3.70 2/1/2017 — —
353,500 353,500 2.87 1/23/2018 — —
— 2,491,500 0.6735 8/31/2019 — —
2,126,746 18,888,738 0.5752 10/14/2019 — —
Dara F. Altman(4) ................ 415,250 1,245,750 0.6735 8/31/2019 85,866 139,962
— 1,052,300 1.04 8/9/2020 — —
Patrick L. Donnelly(5) . . ........... 400,000 — 7.50 5/1/2011 — —
100,000 — 7.61 5/1/2011 — —
16,666 — 1.04 8/11/2013 — —
120,000 — 5.71 2/1/2016 — —
192,000 64,000 3.70 2/1/2017 — —
1,450,000 — 2.72 5/17/2017 — —
553,750 1,661,250 0.6735 8/31/2019 — —
— 13,163,495 0.6669 1/14/2020 — —
David J. Frear(6) ................. 1,150,000 — 1.85 8/11/2013 100,000 163,000
700,000 — 6.61 8/10/2015 — —
230,250 76,750 3.70 2/1/2017 — —
241,500 241,500 2.87 1/23/2018 — —
1,000,000 500,000 3.10 2/12/2018 — —
553,750 1,661,250 0.6735 8/31/2019 — —
— 2,244,800 1.04 8/9/2020 — —
(1) Outstanding equity awards for Mr. Karmazin vest in four equal installments on December 31, 2010,
December 31, 2011, June 30, 2012 and December 31, 2012.
(2) Outstanding equity awards for Mr. Greenstein vest as follows: options granted at an exercise price of
$3.14 vested immediately on the date of grant on May 5, 2004; options granted at an exercise price of
$6.60 vested in three equal annual installments from the date of grant on August 8, 2005; options granted
at an exercise price of $3.70 vested in four equal annual installments from the date of grant on February 1,
2007; options granted at an exercise price of $2.87 vest in four equal annual installments from the date of
grant on January 23, 2008; and options granted at an exercise price of $0.43 vest in four equal annual
installments commencing on July 26, 2010.
(3) Outstanding equity awards for Mr. Meyer vest as follows: options granted at an exercise price of $6.75
vested 50% on the date of grant on December 14, 2001 and 25% per year thereafter; options granted at an
exercise price of $1.04 vested in three equal annual installments on July 1, 2004, July 1, 2005 and July 1,
2006; options granted at an exercise price of $5.54 vested in four equal annual installments from the date
of grant on February 2, 2006; options granted at an exercise price of $3.70 vested in four equal annual
installments from the date of grant on February 1, 2007; options granted at an exercise price of $2.87 vest
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