XM Radio 2013 Annual Report Download - page 42
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Please find page 42 of the 2013 XM Radio annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Outstanding Equity Awards at Fiscal Year-End 2013
The following table provides information with respect to the status at December 31, 2013 of all unexercised
options and unvested restricted stock units awarded to each of the named executive officers.
Option Awards Stock Awards
Name
Number of
Securities
Underlying
Unexercised
Options
(#)
Exercisable
Number of
Securities
Underlying
Unexercised
Options
(#)
Unexercisable
Option
Exercise
Price
($)
Option
Expiration
Date
Number of
Shares or
Units that
have not
Vested (#)
Market Value of
Shares or Units
of Stock that
have not
Vested(1) ($)
James E. Meyer(2) ........... 1,350,000 — 5.49 2/2/2016 — —
512,000 — 3.65 2/1/2017 — —
707,000 — 2.82 1/23/2018 — —
830,500 — 0.6235 8/31/2019 — —
6,296,246 — 0.5252 10/14/2019 — —
— 10,128,894 3.30 5/02/2023 — —
— — — — 984,848 3,437,120
Scott A. Greenstein(3) ........ 1,250,000 — 6.552 8/8/2015 — —
435,000 — 3.65 2/1/2017 — —
607,000 — 2.82 1/23/2018 — —
— 5,499,340 3.755 7/25/2023 — —
— — — — 266,312 929,429
Stephen R. Cook(4) .......... 460,000 — 4.74 2/18/2014 — —
1,108,000 — 0.6235 8/31/2019 — —
631,350 210,450 0.99 8/09/2020 — —
425,000 425,000 1.64 8/23/2021 — —
212,500 637,500 2.48 8/14/2022 — —
— 2,761,018 3.695 8/14/2023 — —
— — — — 270,636 944,520
David J. Frear(5) ............ 700,000 — 6.56 8/10/2015 — —
307,000 — 3.65 2/1/2017 — —
483,000 — 2.82 1/23/2018 — —
1,500,000 — 3.05 2/12/2018 — —
— 561,200 0.99 8/9/2020 — —
6,000,000 8,000,000 2.13 7/21/2021 — —
Enrique Rodriguez(6) ........ 212,500 637,500 2.87 10/22/2022 — —
— 2,761,018 3.695 08/14/2023 — —
— — — — 270,636 944,520
(1) Market value of shares or units of stock that have not vested were calculated based on the closing price on
the NASDAQ Global Select Market of our common stock on December 31, 2013 of $3.49. The restricted
stock units are valued at (a) the closing price of the stock on December 31, 2013 multiplied by (b) the
number of shares of restricted stock units that have not vested. The awards may be subject to earlier vesting
upon certain qualifying terminations of employment and a change of control transaction.
(2) Outstanding equity awards for Mr. Meyer vest as follows: options granted at an exercise price of
$5.49 vested in four equal annual installments from the date of grant on February 2, 2006; options granted at
an exercise price of $3.65 vested in four equal annual installments from the date of grant on February 1,
2007; options granted at an exercise price of $2.82 vested in four equal annual installments from the date of
grant on January 23, 2008; options granted at an exercise price of $0.6235 vested in four equal annual
installments from the date of grant on August 31, 2009; options granted at an exercise price of
$0.5252 vested in four equal annual installments from the date of grant on October 14, 2009; and options
granted at an exercise price of $3.30 vest on October 30, 2015. The restricted stock units granted to
Mr. Meyer cliff vest on October 30, 2015.
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