Voya 2014 Annual Report Download - page 338

Voya Financial, Inc.
Notes to the Consolidated Financial Statements
(Dollar amounts in millions, unless otherwise stated)
(2) Excludes 70,880 of RSUs—Deal Incentive Awards granted in 2013 that proportionally vest upon sales of
the Company’s stock by ING Group.
RSUs
RSUs—Deal
Incentive
Awards(1)
PSU
Awards
Unrecognized compensation cost ..................... $47.7 $— $ 4.7
Expected remaining weighted-average period of expense
recognition (in years) ............................ 1.67 — 0.23
(1) Excludes 70,880 of RSUs—Deal Incentive Awards granted in 2013 that proportionally vest upon
sales of the Company’s stock by ING Group.
The total grant date fair value of shares vested for the year ended December 31, 2014 was $2.8, $20.2 and $22.9
for RSUs, RSUs—Deal Incentive Awards and PSU awards, respectively.
ING Group Awards Outstanding
(awards in millions) Stock Options RSUs PSU Awards
Year Ended December 31, 2014 ................. 13.4 1.3 1.4
Year Ended December 31, 2013 ................. 16.3 3.2 2.5
Year Ended December 31, 2012 ................. 19.7 6.1 8.5
2014 Unrecognized compensation cost ............ $— $ 0.5 $ 4.6
2014 Expected remaining weighted-average period of
expense recognition (in years) ................. — 0.37 0.24
11. Shareholders’ Equity and Earnings per Common Share
Common Shares
The following table presents the rollforward of common shares used in calculating the weighted average shares
utilized in the basic earnings per common share calculation for the periods indicated:
Common Shares
(shares in millions) Issued
Held in
Treasury Outstanding
Balance, December 31, 2011(1) ..................... 230.1 0.1 230.0
Common Shares issued ............................ — — —
Common Shares acquired—share repurchase .......... — — —
Share-based compensation programs ................. — — —
Balance, December 31, 2012 ...................... 230.1 0.1 230.0
Common Shares issued ............................ 30.8 — 30.8
Common Shares acquired—share repurchase .......... — — —
Share-based compensation programs ................. 0.9 — 0.9
Balance, December 31, 2013 ...................... 261.8 0.1 261.7
Common Shares issued ............................ — — —
Common Shares acquired—share repurchase .......... — 21.2 (21.2)
Share-based compensation programs ................. 1.9 0.5 1.4
Balance, December 31, 2014 ...................... 263.7 21.8 241.9
(1) Share amounts give retroactive effect to the 2,295.248835-for-1 shares split effected on April 11, 2013.
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