Cincinnati Bell 2006 Annual Report Download - page 66
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Option Awards Stock Awards
Name
Number of
Securities
Underlying
Unexercised
Options (#)
Exercisable
Number of
Securities
Underlying
Unexercised
Options (#)
Unexercisable
Equity
Incentive Plan
Awards:
Number of
Securities
Underlying
Unexercised
Unearned
Options
(#)
Option
Exercise
Price
($)
Option
Expiration
Date (a)
Number of
Shares or
Units of
Stock That
Have Not
Vested
(#)
Market
Value of
Shares or
Units of
Stock That
Have Not
Vested
($)
Equity
Incentive
Plan Awards:
Number of
Unearned
Shares, Units
or Other
Rights That
Have Not
Vested
(#) (b)
Equity
Incentive
Plan Awards:
Market or
Payout Value
of Unearned
Shares, Units
or Other
Rights That
Have Not
Vested
($) (c)
Christopher J. Wilson . . . 8,000 — — 16.75 01/04/09
8,000 — 35.9688 01/03/10
7,250 — 22.8438 01/02/11
1,000 — 16.425 09/05/11
7,400 — 9.645 12/04/11
20,000 — 3.48 12/05/12
51,000 — 5.655 12/04/13
75,000 — 3.70 12/03/14
77,400 — 3.995 12/01/15
— 100,000 4.735 12/08/16
— — 59,580 272,281
(a) All options granted are for a maximum period of ten years from the date of grant and vest over a three year period. Options vest 28% on
the first anniversary of the original date of grant and, thereafter, at the rate of 3% per month for the next 24 months. Options granted to
Mr. Cassidy on January 27, 2006 will vest 28% on January 27, 2007 and at the rate of 3% per month thereafter for the next 24 months.
Options granted on December 8, 2006, will vest 28% on December 8, 2007 and at the rate of 3% per month thereafter for the next 24
months.
(b) Amounts shown in the column represent performance restricted shares originally granted for the 2005 – 2007 performance period less
performance restricted shares that were earned for the 2005 performance period and awarded and vested on February 28, 2006 (see
Nonqualified Deferred Compensation Table on page 58) plus the performance unit grant made to each of the executives for the 2006 –
2008 performance period on March 27, 2006.
(c) Amounts represent the value of equity incentive plan awards not yet vested based on the closing price of the Company’s common shares
on the NYSE on December 29, 2006 ($4.57), which was the last trading day of 2006.
54