Tucows 2014 Annual Report Download - page 126
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Outstanding Equity Awards at Fiscal Year-End
The following table sets forth information concerning stock options held by the named executive officers as of
December 31, 2014:
Name
Number of
Securities
Underlying
Unexercised
Options
(#)
Exercisable
Number of
Securities
Underlying
Unexercised
Options
(#)
Unexercisable
Option
Exercise
Price ($)
Option
Expiration
Date
Elliot Noss 11,000 — 2.40
5/22/15
32,000 — 2.80
5/16/17
6,562 2,188 2.92 8/14/18
3,750 3,750 5.52 5/17/19
6,250 6,250 5.76
12/31/19
3,125 9,375
10.16 11/10/20
62,687 21,563
Michael Cooperman 18,750 — 2.40
5/22/15
32,000 — 2.80
5/16/17
6,562 2,188 2.92 8/14/18
3,750 3,750 5.52 5/17/19
3,125 3,125 5.76
12/31/19
1,562 4,688
10.16 11/10/20
65,749 13,751
David Woroch 16,250 — 2.40
5/22/15
32,000 — 2.80
5/16/17
6,562 2,188 2.92 8/14/18
3,750 3,750 5.52 5/17/19
3,125 3,125 5.76
12/31/19
1,562 4,688
10.16 11/10/20
63,249 13,751
The stock options grants listed in the above table were issued under our 1996 Plan as well as under our 2006
Plan.
Under the 1996 Plan, these options vest over a period of four years and have a 10 year term. These options are
not exercisable for one year after the grant. Thereafter they become exercisable at the rate of 25% after the first year, with
the remaining 75% vesting evenly at each month end over the next 36 months, becoming fully exercisable after the fourth
year.
Under the 2006 Plan, these options vest over a period of four years and have a 7 year term. These options are not
exercisable for one year after the grant. Thereafter they become exercisable at the rate of 25% per annum, becoming fully
exercisable after the fourth year.
Director Compensation
The required information regarding our director compensation is set forth in Part III, Item 10 “Directors,
Executive Officers and Corporate Governance” and is incorporated herein by reference.
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