Southwest Airlines 2007 Annual Report Download - page 83

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Securities Authorized for Issuance under Equity Compensation Plans
The following table provides information as of December 31, 2007, regarding compensation plans (including
individual compensation arrangements) under which equity securities of Southwest are authorized for issuance.
Equity Compensation Plan Information
Plan Category
Number of Securities to be
Issued Upon Exercise of
Outstanding Options,
Warrants, and Rights
(a)
Weighted-Average
Exercise Price of
Outstanding Options,
Warrants, and Rights*
(b)
Number of Securities Remaining
Available for Future Issuance Under
Equity Compensation Plans
(Excluding Securities
Reflected in Column (a))
(c)
(In thousands) (In thousands)
Equity Compensation Plans
Approved by Security Holders . . 23,941 $12.76 5,707
Equity Compensation Plans not
Approved by Security Holders . . 68,517 $15.16 20,011
Total ................... 92,459 $14.54 25,718
* As adjusted for stock splits.
See Note 13 to the Consolidated Financial State-
ments for information regarding the material features of
the above plans. Each of the above plans provides that the
number of shares with respect to which options may be
granted, and the number of shares of common stock
subject to an outstanding option, shall be proportionately
adjusted in the event of a subdivision or consolidation of
shares or the payment of a stock dividend on common
stock, and the purchase price per share of outstanding
options shall be proportionately revised.
Item 13. Certain Relationships and Related Trans-
actions, and Director Independence
The information required by this Item 13 will be set
forth under the heading “Certain Relationships and
Related Transactions, and Director Independence” in
the Proxy Statement for the Company’s 2008 Annual
Meeting of Shareholders and is incorporated herein by
reference.
Item 14. Principal Accounting Fees and Services
The information required by this Item 14 will be set
forth under the heading “Relationship with Independent
Auditors” in the Proxy Statement for the Company’s
2008 Annual Meeting of Shareholders and is incorpo-
rated herein by reference.
64