ServiceMagic 2015 Annual Report Download - page 21

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TableofContents
 
Numberof
Unvested
RSUsas
of12/31/15
Market
Valueof
Unvested
RSUsas
of12/31/15 VestingSchedule(#)
NameandGrantDate (#) ($) 2016 2017 2018 2019
BarryDiller
     
JosephLevin
     
4/2/13
110,864
$ 6,657,383
55,432
55,432
7/29/14
175,000
$ 10,508,750
87,500
87,500
     
VictorA.Kaufman
     
4/2/13
2,587
$ 155,349
2,587
2/11/14
3,525
$ 211,676
1,762
1,763
2/11/15
5,674
$ 340,724
1,891
1,891
1,892
     
JeffreyW.Kip
     
5/3/13
15,937
$ 957,017
7,968
7,969
     
GreggWiniarski
     
5/3/13
10,625
$ 638,031
5,312
5,313
(2)Thesestockoptionsvested/vestinfourequalinstallmentsonthefirstfouranniversariesoftheapplicablegrantdate,subjecttocontinuedemployment.
(3)Thelastinstallmentofthesestockoptions(witheachinstallmentrepresentingone-thirdoftheaward)vestedonFebruary2,2016.
(4)Thethreeremaininginstallmentsofthesestockoptions(witheachinstallmentrepresenting25%oftheaward)vestonJuly29,2016,2017and2018,
subjecttocontinuedemployment.
(5)Consistsof:(i)200,000stockoptionsthatvestinfourequalinstallmentsonthefirstfouranniversariesofthegrantdate,subjecttocontinued
employment,and(ii)200,000performancestockoptionsthatvestonthefirstfouranniversariesofthegrantdate,subjecttocontinuedemployment,and
becomeexercisableiftheclosingpricepershareoftheCompany’scommonstockduringany20consecutivetradingdayperiodequalsorexceeds
$115.89(a50%increasetotheclosingpriceoftheCompany’scommonstockonthegrantdate)atanytimeduringtheperiodduringwhichthestock
optionsareoutstanding.
(6)Thelastinstallmentofthesestockoptions(witheachinstallmentrepresentingone-thirdoftheaward)vestedonMarch14,2016.
(7)Thetworemaininginstallmentsofthesestockoptions(witheachinstallmentrepresenting25%oftheinitialaward)vested/vestinequalinstallmentson
May3,2016and2017,subjecttocontinuedemployment.
(8)Thethreeremaininginstallmentsofthesestockoptions(witheachinstallmentrepresenting25%oftheinitialaward)vested/vestinequalinstallmentson
February11,2016,2017and2018,subjecttocontinuedemployment.
(9)Thelastinstallmentofthesestockoptions(witheachinstallmentrepresenting25%oftheaward)vestedonFebruary2,2016.
18