Airtran 2007 Annual Report Download - page 68

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62
62
A summary of restricted stock activity under the aforementioned plan is as follows:
Restricted
Stock
Awards
Unvested at January 1, 2007.................................................................................................... 754,921
Vested .................................................................................................................................... (373,503)
Issued ..................................................................................................................................... 734,750
Surrendered ............................................................................................................................ (10,099)
Unvested at December 31, 2007 .............................................................................................. 1,106,069
The grant date weighted-average fair value of restricted stock awards granted during the years ended December 31, 2007,
2006, and 2005, was $9.10, $15.16, and $11.14, respectively. Unvested restricted stock awards are not included in the
number of outstanding common shares. Upon vesting, the shares are included in the number of outstanding common
shares. The total fair value of shares vested during the years ended December 31, 2007, 2006, and 2005, was $4.1 million,
$3.1 million, and $2.8 million, respectively.