8x8 2012 Annual Report Download - page 62

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Option activity under the Company's stock option plans since March 31, 2009, is summarized as follows:
Weighted
Shares Average
Shares Subject to Exercise
Available Options Price
for Grant Outstanding Per Share
Balance at March 31, 2009 2,415,875 10,736,279 $ 1.85
Stock purchase rights (331,464) - 0.74
Exercised - (195,500) 0.73
Canceled/Forfeited 1,273,376 (1,273,376) 1.68
Termination of plans (488,376) -
Balance at March 31, 2010 2,869,411 9,267,403 1.90
Granted - Options (502,000) 502,000 2.69
Stock purchase rights (836,432) - 1.72
Exercised - (1,204,776) 1.48
Canceled/Forfeited 1,595,431 (1,595,431) 3.92
Termination of plans (1,572,431) -
Balance at March 31, 2011 1,553,979 6,969,196 1.56
Granted - Options (2) (685,500) 857,474 4.05
Stock purchase rights (1) (563,100) - 3.64
Exercised - (1,645,308) 1.35
Canceled/Forfeited 147,027 (147,027) 2.07
Termination of plans (76,860) -
Balance at March 31, 2012 375,546 6,034,335
$
1.90
(1) The reduction to shares available for grant includes awards granted of 563,100 shares.
(2) The increase to shares subject to options outstanding includes 171,974 shares subject to options assumed under the 2003
Contactual Plan.
Significant option groups outstanding at March 31, 2012 and related weighted average exercise price and contractual life
information for 8x8, Inc.'s stock option plans are as follows:
Weighted Weighted Weighted
Average Average Average
Exercise Remaining Aggregate Exercise Aggregate
Price Contractual Intrinsic Price Intrinsic
Shares Per Share Life (Years) Value Shares Per Share Value
$ 0.55 to $ 1.15 1,223,168 $ 0.87 5.8 $ 4,067,816 1,223,168 $ 0.87 $ 4,067,816
$ 1.16 to $ 1.32 1,342,343 $ 1.27 4.9 3,932,502 1,342,343 $ 1.27 3,932,502
$ 1.33 to $ 1.72 1,296,947 $ 1.60 3.2 3,373,334 1,296,947 $ 1.60 3,373,334
$ 1.73 to $ 2.81 1,225,377 $ 2.32 5.9 2,299,151 815,427 $ 2.18 1,645,846
$ 2.82 to $ 4.95 946,500 $ 4.00 7.4 346,590 284,104 $ 3.94 131,660
6,034,335 $ 14,019,393 4,961,989 $ 13,151,158
Options Exercisable Options Outstanding
The aggregate intrinsic value in the table above represents the total pre-tax intrinsic value (the aggregate difference between the
closing stock price of the Company’ s common stock on March 31, 2012 and the exercise price for in-the-money options) that
would have been received by the option holders if all in-the-money options had been exercised on March 31, 2012.
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