8x8 2013 Annual Report Download - page 66

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64
Option activity under the Company's stock option plans since March 31, 2010, is summarized as follows:
.
Weighted
Shares
Average
Shares
Subject to
Exercise
Available
Options
Price
for Grant
Outstanding
Per Share
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
Change in options available for grant
4,100,000
-
-
Granted - Options
(932,000)
932,000
5.80
Stock purchase rights
(443,436)
-
5.75
Restricted Stock Units
(25,000)
-
-
Exercised
-
(835,246)
1.49
Canceled/Forfeited - Options
139,545
(139,545)
4.00
Canceled/Forfeited - Restricted Stock Units
4,000
-
-
Termination of plans
(43,394)
-
Balance at March 31, 2013
3,175,261
5,991,544
$
2.52
(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, 2013 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 $ 1.26 1,766,500 $ 1.04 4.7 $ 10,265,945 1,766,500 $ 1.04 $ 10,265,945
$ 1.27 to $ 1.72 1,475,904 $ 1.53 2.3 7,854,890 1,475,904 $ 1. 53 7,854,890
$ 1.73 to $ 3.35 1,312,347 $ 2.57 5.3 5,623,096 947,413 $ 2.48 4,141,566
$ 3.36 to $ 5.87 1,394,793 $ 5.30 8.6 2,166,680 343,177 $ 4.99 637,058
$ 5.88 to $ 5.89 42,000 $ 5.89 9.6 40,320 4,375 $ 5.89 4,200
5,991,544 $ 25,950,931 4,537,369 $ 22,903,659
Options Exercisable Options Outstanding