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Table of Contents
Option Exercises and Stock Vested in Fiscal Year 2015
The following table shows information regarding option exercises and stock vested by our NEOs during Fiscal 2015.
__________
44
Name
Option Awards Stock Awards
Number of
Shares
Acquired on
Exercise (#)
Value
Realized
on
Exercise ($)
Number of
Shares
Acquired on
Vesting (#)
Value
Realized
on
Vesting ($)
(1)
Jen-Hsun Huang
72,933
(2)
1,367,980
Colette M. Kress
55,000
(3)
1,053,250
Ajay K. Puri
185,470
(4)
1,280,402
(5)
32,875
(6)
620,876
David M. Shannon
158,750
914,631
(7)
30,562
(8)
577,128
Debora Shoquist
274,232
1,309,995
(7)
27,062
(9)
511,017
(1)
The value realized on vesting represents the number of shares acquired on vesting multiplied by the fair market value of our common
stock as reported by NASDAQ on the date of vesting.
(2)
The number of shares acquired on vesting includes an aggregate of 30,948 shares that were withheld to pay taxes due upon vesting.
(3)
The number of shares acquired on vesting includes an aggregate of 22,828 shares that were withheld to pay taxes due upon vesting.
(4)
Mr. Puri exercised stock options and sold 167,188 shares during Fiscal 2015. Mr. Puri also exercised stock options for an additional
18,282 shares during Fiscal 2015 for an aggregate exercise price of $185,545 which he still holds as of the date of this proxy statement.
(5)
The value realized by Mr. Puri upon the exercise and sale of the 167,188 shares represents the difference between the exercise price per
share of the stock option and the sales price of the shares of common stock. The value realized on exercise of the additional 18,282
shares represents the difference between the exercise price per share of the stock option and the closing price of the shares of our
common stock as reported by NASDAQ on the date of exercise.
(6)
The number of shares acquired on vesting includes an aggregate of 15,005 shares that were withheld to pay taxes due upon vesting.
(7)
The value realized by Mr. Shannon and Ms. Shoquist upon the exercise and sale of the shares represents the difference between the
exercise price per share of the stock option and the sales price of the shares of common stock. The value realized was determined
without considering any taxes that may have been owed. The exercise price of each such stock option was equal to the closing price of
our common stock as reported by NASDAQ on the date of grant.
(8)
The number of shares acquired on vesting includes an aggregate of 13,907 shares that were withheld to pay taxes due upon vesting.
(9)
The number of shares acquired on vesting includes an aggregate of 14,129 shares that were withheld to pay taxes due upon vesting.