Freddie Mac 2011 Annual Report Download - page 354

Outstanding Equity Awards at Fiscal Year-End — 2011
The following table shows outstanding equity awards held by the Named Executive Officers as of December 31,
2011.
Table 87 — Outstanding Equity Awards at Fiscal Year-End — 2011
Name Award Type
(1)
Grant Date
Number of
Securities Underlying
Unexercised Options
Exercisable (#)
Number of
Securities Underlying
Unexercised Options
Unexercisable (#)
Option
Exercise
Price ($)
(2)
Option
Expiration
Date
Number of
Shares or Units of
Stock That Have
Not Vested (#)
Market Value of
Shares or Units of
Stock That Have
Not Vested ($)
(4)
Option Awards
(3)
Stock Awards
(3)
Mr. Haldeman .... — — — $ — — — $ —
Mr. Kari ....... — — — — — — —
Mr. Renzi ...... — — — — — — —
Mr. Weiss ...... SO 08/09/04 4,970 — 64.36 8/8/2014 — —
SO 05/06/05 5,640 — 62.69 5/5/2015 — —
SO 06/05/06 5,980 — 60.45 06/04/16 — —
RSU 03/07/08 — — — — 5,726 1,214
Ms. Wisdom ..... RSU 03/07/08 — — — — 8,270 1,753
(1) The rows labeled “SO” indicate stock options and the rows labeled “RSU” indicate restricted stock units.
(2) Consistent with the terms of our 2004 Employee Plan, the option exercise price was set at a price equal to the fair market value of our common
stock on the grant date.
(3) Amounts reported in this table for RSUs represent the unvested portion of awards, while amounts reported in this table for options represent the
unexercised portion of awards. The vesting schedules for the option and stock awards reported in this table are as follows:
• Stock options granted on August 9, 2004 vested at a rate of 25% beginning on the first anniversary of the grant date, and 25% on April 1, 2006,
April 1, 2007, and April 1, 2008.
• Stock options granted on May 6, 2005 and June 5, 2006 vested at a rate of 25% annually beginning on the anniversary of the grant dates.
• RSUs granted on March 7, 2008 vest at a rate of 25% annually beginning on the anniversary of the grant date.
(4) Market value is calculated by multiplying the number of RSUs held by each Named Executive Officer on December 31, 2011 by the closing price of
our common stock on December 30, 2011 ($0.212), the last trading day of the year.
For information on alternative settlement provisions of RSU and stock option grants in the event of certain
terminations, see “Table 91 — Potential Payments Upon Termination of Employment or Change-in-Control as of
December 31, 2011” below.
Option Exercises and Stock Vested — 2011
The following table sets forth information concerning value realized upon the vesting of RSUs during 2011 by each
of the Named Executive Officers. No Named Executive Officer exercised options in 2011.
Table 88 — Option Exercises and Stock Vested — 2011
Name
Number of shares
Acquired on Vesting (#)
(1)
Value Realized
on Vesting ($)
(2)
Stock Awards
Mr. Haldeman . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — $ —
Mr.Kari................................................................ — —
Mr.Renzi............................................................... — —
Mr. Weiss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,114 4,212
Ms. Wisdom . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,949 5,002
(1) Amounts reported reflect the number of RSUs that vested during 2011 prior to our withholding of shares to satisfy applicable taxes.
(2) Amounts reported are calculated by multiplying the number of RSUs that vested during 2011 by the fair market value of our common stock on the
date of vesting.
Pension Benefits — 2011
The following table shows the actuarial present value of the accumulated retirement benefits payable to each of the
Named Executive Officers under our Pension Plan and the Pension SERP Benefit (the component of the SERP that relates
349 Freddie Mac