Charter 2010 Annual Report Download - page 114

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F- F-PB
CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2010, 2009, AND 2008
(dollars in millions, except share or per share data or where indicated)
A summary of the activity for the Company’s stock options for the year ended December 31, 2010, one month ended December 31, 2009,
eleven months ended November 30, 2009 and year ended December 31, 2008, is as follows (amounts in thousands, except per share data):
Successor Predecessor
Year Ended
December 31, 2010 One Month Ended
December 31, 2009 Eleven Months Ended
November 30, 2009 Year Ended
December 31, 2008
Weighted Weighted Weighted Weighted
Average Average Average Average
Exercise Exercise Exercise Exercise
Shares Price Shares Price Shares Price Shares Price
Outstanding,
beginning of period -- $ -- -- $ -- 22,044 $ 3.82 25,682 $ 4.02
Granted 1,461 $ 35.12 -- $ -- -- $ -- 45 $ 1.19
Exercised -- $ -- -- $ -- -- $ -- (53) $ 1.18
Cancelled (30) $ 35.38 -- $ -- (22,044) $ 3.82 (3,630) $ 5.27
Outstanding,
end of period 1,431 $ 35.12 -- $ -- -- $ -- 22,044 $ 3.82
Weighted averag
remaining contractual
life
10 years -- -- 6 years
Options exercisable,
end of period -- $ -- -- $ -- -- $ -- 15,787 $ 4.53
Weighted average fair
value of options granted $ 17.00 $ -- $ -- $ 0.90
A summary of the activity for the Company’s restricted stock for the year ended December 31, 2010, one month ended December 31, 2009,
eleven months ended November 30, 2009 and year ended December 31, 2008, is as follows (amounts in thousands, except per share data):
Successor Predecessor
Year Ended
December 31,
2010
One Month Ended
December 31,
2009
Eleven Months
Ended November 30,
2009
Year Ended
December 31,
2008
Weighted Weighted Weighted Weighted
Average Average Average Average
Grant Grant Grant Grant
Shares Price Shares Price Shares Price Shares Price
Outstanding, beginning of period 1,920 $ 35.25 -- $ -- 12,009 $ 1.21 4,112 $ 2.87
Granted 177 $ 32.22 1,920 $ 35.25 -- $ -- 10,761 $ 0.85
Vested (527) $ 35.13 -- $ -- (259) $ 1.08 (2,298) $ 2.36
Cancelled (489) $ 35.25 -- $ -- (11,750) $ 1.21 (566) $ 1.57
Outstanding, end of period 1,081 $ 34.81 1,920 $ 35.25 -- $ -- 12,009 $ 1.21
No performance units or shares were granted in 2009 or 2010. On the Effective Date, all remaining performance units and shares were
cancelled. A summary of the activity for the Company’s performance units and shares for the eleven months ended November 30, 2009
(Predecessor) and year ended December 31, 2008 (Predecessor) is as follows (amounts in thousands, except per share data):