THQ 2007 Annual Report Download - page 30

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22
Securities Authorized for Issuance UnderEquity Compensation Plans
Information for our equity compensationplans in effect as of March31, 2007 is as follows(amounts in
thousands, except per shareamounts):
(a) (b) (c)
PlanCategory
Number of Securities
to be Issued Upon
Exercise of
Outstanding Options,
Warrants andRights
Weighted-average
Exercise Priceof
Outstanding Options,
Warrants andRights
Number of Securities
Remaining Available for
Future Issuance Under
Equity Compensation
Plans (Excluding
Securities Reflected in
Column (a))
Equity compensation plansapproved by
security holders. .................... 7,471,425 $19.21 6,082,100
Equity compensation plansnotapproved
by security holders .................. 752,576(1) $12.15 —
Total ................................ 8,224,001 $18.56 6,082,100
(1)Represents theaggregate number of shares of THQ common stock to be issued upon exerciseof
individualcompensation arrangements with employee and non-employee option and warrant holders.
Theoutstanding optionswere primarilygranted underthe Company’s ThirdAmended andRestated
Non-executive Employee Stock Option Plan (the “NEEP Plan”). For a description of thematerial
features of the NEEP Plan, see “Note14—Stock-basedCompensation” in the notes to the
consolidated financial statements.
Purchases of Equity Securities by the Issuer and Affiliated Purchases
Thefollowing tablepresents theCompany’s repurchases of ourcommonstockduringthethreemonths
ended March 31, 2007.
Period
Total Number
of Shares
Purchased (1)
Average Price
Paid per Share
Total Number of
Shares Purchased
as Part of Publicly
Announced Plans
Maximum Number
(orApproximate Dollar
Value) of Shares that
May YetBe Purchased
Under the Plans (2)
January1-January31 ........... —$——$—
February 1 - February 28 ........ 115,500 30.534,064,500 8,500,000
March1-March31............. —— ——
Total.......................... 115,500 $30.534,064,500 $8,500,000
(1)OnSeptember 10, 2002, November21, 2002, and February 5, 2004 we announced that our Board
authorized the repurchase of up to $25.0 million of our common stock from time to time on the open
market or in privatetransactions with a total authorized repurchase amount of $75.0 million. At
March 31, 2006 there was$22.1 million availablefor future repurchases.During thefiscal year ended
March 31,2007, we repurchased $13.6 million of our common stock. As of March 31, 2007, we have
repurchased4,064,500 shares of our common stock for approximately $66.5 million, leaving$8.5
million available for future repurchases. On May 16,2007, we announcedthatour Board authorized
the repurchase of an additional $25.0 million of our common stock from time to time on the open
market or in private transactions bringingthetotalauthorizedrepurchase amount to $100.0million.
Thereis no expiration date for the authorized repurchases.
(2)Based upon the closing price of THQ Common Stock on March 31, 2007.