Fannie Mae 2010 Annual Report Download - page 229

of December 31, 2010, the exercise prices of all of the outstanding options referenced in the table below were
substantially higher than the market price of our common stock.
Name
Award
Type
(1)
Grant
Date
Number of
Securities
Underlying
Unexercised
Options (#)
Exercisable
Option
Exercise
Price ($)
Option
Expiration
Date
Number of
Shares or
Units of
Stock That
Have Not
Vested (#)
Market Value of
Shares or
Units of
Stock That
Have Not
Vested ($)
Option Awards
(2)
Stock Awards
(2)
Michael Williams . . . . . . . . . . . . . . O 11/20/2001 44,735 80.95 11/20/2011
O 1/21/2003 63,836 69.43 1/21/2013
O 1/23/2004 73,880 78.32 1/23/2014
RS 1/25/2007 23,156 6,947
RS 1/28/2008 74,378 22,313
David Hisey . . . . . . . . . . . . . . . . . . O 1/3/2005 10,000 71.31 1/3/2015
RS 1/25/2007 4,022 1,207
RS 1/28/2008 14,622 4,387
David Johnson . . . . . . . . . . . . . . . . N/A
David Benson . . . . . . . . . . . . . . . . . O 6/3/2002 12,000 79.33 6/3/2012
O 6/3/2002 20,080
(3)
79.33 6/3/2012
O 1/21/2003 9,624 69.43 1/21/2013
O 1/23/2004 12,223 78.32 1/23/2014
RS 1/25/2007 2,983 895
RS 1/28/2008 11,971 3,591
Terence Edwards . . . . . . . . . . . . . . . N/A
Timothy Mayopoulos. . . . . . . . . . . . N/A
(1)
O indicates stock options and RS indicates restricted stock.
(2)
Except as otherwise indicated, all awards of options and restricted stock listed in this table vest in four equal annual
installments beginning on the first anniversary of the date of grant. Amounts reported in this table for restricted stock
represent only the unvested portion of awards. Amounts reported in this table for options represent only the
unexercised portions of awards.
(3)
This option award had special vesting provisions: 3,860 options vested immediately upon grant, 9,080 vested on
August 31, 2002, 4,370 vested on January 31, 2003, 1,610 vested on January 31, 2004 and 1,160 vested on
January 31, 2005.
Option Exercises and Stock Vested in 2010
The following table shows information regarding vesting of restricted stock held by the named executives
during 2010. We have calculated the value realized on vesting by multiplying the number of shares of stock by
the fair market value (based on the closing market price) of our common stock on the vesting date. We have
provided no information regarding stock option exercises because no named executives exercised stock options
during 2010.
Name
Number of Shares
Acquired on Vesting (#)
Value Realized on
Vesting ($)
Stock Awards
Michael Williams . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75,747 74,698
David Hisey . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,246 19,403
David Johnson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — —
David Benson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,383 10,261
Terence Edwards . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — —
Timothy Mayopoulos . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — —
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