SanDisk 2010 Annual Report Download - page 79

Download and view the complete annual report

Please find page 79 of the 2010 SanDisk annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 252

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252

Proxy Statement
(12) The unvested portion of this stock award was scheduled to vest on March 20, 2011.
(13) The unvested portions of these stock awards were scheduled to vest in four substantially equal annual
installments on February 24, 2011 and each successive annual anniversary of February 24, 2011.
(14) The unvested portions of these stock awards were scheduled to vest in four substantially equal annual
installments on October 7, 2011 and each successive annual anniversary of October 7, 2011.
(15) The unvested portions of these stock awards were scheduled to vest in four substantially equal annual
installments on April 30, 2011 and each successive annual anniversary of April 30, 2011.
(16) The unvested portions of these stock awards are scheduled to vest on August 31, 2011.
(17) The unvested portions of these stock awards were scheduled to vest in two substantially equal annual
installments on February 19, 2011 and February 19, 2012.
OPTIONS EXERCISES AND STOCK VESTED IN FISCAL 2010
The following table presents information regarding the exercise of stock options by Named Executive
Officers during fiscal 2010, and on the vesting during fiscal 2010 of stock awards previously granted to the
Named Executive Officers.
Option Awards Stock Awards (2)
Name
(a)
Number of Shares
Acquired on
Exercise
(#)
(b)
Value Realized on
Exercise
($)(1)
(c)
Number of Shares
Acquired on
Vesting
(#)
(d)
Value Realized on
Vesting
($)(1)
(e)
Dr. Eli Harari ...................... 644,750 12,196,383 90,904 3,906,623
Sanjay Mehrotra .................... 160,000 6,152,130 42,083 1,401,750
Judy Bruner ....................... 155,000 3,536,707 19,168 640,876
Yoram Cedar ...................... 355,986 9,477,805 12,918 470,001
James F. Brelsford .................. 28,964 762,356 6,997 251,241
Sumit Sadana ...................... — — — —
(1) The dollar amounts shown in column (c) above for option awards are determined by multiplying (i) the
number of shares of Common Stock to which the exercise of the option related, by (ii) the difference
between the per-share closing price of Common Stock on the date of exercise and the exercise price of the
options. The dollar amounts shown in column (e) above for stock awards are determined by multiplying the
number of shares or units, as applicable, that vested by the per-share closing price of Common Stock on the
vesting date.
(2) Includes shares and values attributable to the vesting of performance-based restricted stock units in the
following amounts: Dr. Harari 12,570 shares valued at $563,890; Mr. Mehrotra 10,833 shares valued at
$485,968; Ms. Bruner 6,668 shares valued at $299,126; and Mr. Cedar 6,668 shares valued at $299,126.
67