Cablevision 2011 Annual Report Download - page 198

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COMBINED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
(Dollars in thousands, except per share amounts)
I-74
Share-Based Payment Award Activity
The following table summarizes activity relating to Company employees who held Cablevision stock
options for the year ended December 31, 2011:
Weighted
Shares
Under Option
Weighted
Average
Average
Remaining
Time
Vesting
Options
Performance
Vesting
Options
Exercise
Price Per
Share(a)
Contractual
Term
(in years)
Aggregate
Intrinsic
Value(b)
Balance, December 31,
2010 .............................. 6,163,042 403,200 $11.10 4.18 $149,373
Exercised ...................... (354,347) - 9.79
Forfeited/Expired ......... (368,033) - 7.58
Balance, December 31,
2011 .............................. 5,440,662 403,200 $ 8.27 3.37 $ 35,607
Options exercisable at
December 31, 2011 ...... 4,207,263 403,200 $ 8.14 3.26 $ 28,060
Options expected to vest
in the future .................. 1,233,399 - $ 8.74 3.75 $ 7,547
______________
(a) Option exercise prices relating to activity occurring on and subsequent to the AMC Networks Distribution date
were adjusted to 73.59% of their pre-AMC Networks Distribution exercise prices.
(b) The aggregate intrinsic value is calculated as the difference between (i) the exercise price of the underlying award
and (ii) the quoted price of CNYG Class A common stock on December 31, 2011 or December 31, 2010, as
indicated, and December 31, 2011 in the case of the options expected to vest in the future.