Apple 2005 Annual Report Download - page 112

(13) Excludes 500,000 restricted stock units.
(14)
Includes 30,000 shares of Common Stock that Mr. York has the right to acquire by exercise of stock options.
(15)
Includes 5,870,796 shares of Common Stock that executive officers or directors have the right to acquire by exercise of stock options.
Does not include 4.4 million of restricted stock units.
*
Represents less than 1% of the issued and outstanding shares of Common Stock on the Table Date.
Equity Compensation Plan Information
The following table sets forth certain information, as of September 24, 2005, concerning shares of common stock authorized for issuance under
all of the Company’s equity compensation plans. The table has been adjusted to reflect the Company’s two-for-one stock split in
February 2005.
(1)
This number includes 3,834,300 shares of common stock reserved for issuance under the Employee Stock Purchase Plan, 440,000 shares
available for issuance under the 1997 Director Stock Option Plan, and 58,517,424 shares available for issuance under the 2003 Employee
Stock Plan. The grant of 5,260,000 shares of restricted stock units has been deducted from the number of shares available for future
issuance. Shares of restricted stock and restricted stock units granted after April 2005 count against the shares available for grant as two
shares for every share granted. This amount does not include shares under the 1990 Stock Option Plan that was terminated in 1997. No
new options can be granted under the 1990 Stock Option Plan.
(2) This table does not include 28,082 outstanding options assumed in connection with a prior acquisition of a company that originally
granted those options. These assumed options have a weighted average exercise price of $3.39 per share. No additional options may be
granted under the assumed plan.
Item 13. Certain Relationships and Related Transactions
In March 2002, the Company entered into a Reimbursement Agreement with its Chief Executive Officer, Mr. Steven P. Jobs, for the
reimbursement of expenses incurred by Mr. Jobs in the operation of his private plane when used for Apple business. The Reimbursement
Agreement is effective for expenses incurred by Mr. Jobs for Apple business purposes since he took delivery of the plane in May 2001. During
2005, the Company recognized a total of $1,075,545 in expenses pursuant to this reimbursement agreement related to expenses incurred by
Mr. Jobs during 2005.
In October 2005, the Company entered into an agreement with Pixar to sell certain of Pixar’s short films on the iTunes Music Store. Mr. Jobs,
the Company’s Chief Executive Officer is also the Chief Executive Officer, Chairman, and a large shareholder of Pixar.
110
(a)
Number of Securities
to be Issued Upon
Exercise of
Outstanding Options,
Warrants and Rights
(b)
Weighted Average
Exercise Price of
Outstanding Options,
Warrants and Rights
(c)
Number of Securities
Remaining Available for
Future Issuance Under
Equity Compensation Plans
(Excluding Securities
Reflected in Column (a))
Equity compensation plans approved by
shareholders
42,365,700
$
23.27
62,791,724
(1)
Equity compensation plans not approved
by shareholders
30,827,565
$
10.27
—
Total equity compensation plans(2)
73,193,265
$
17.79
62,791,724