Sprint - Nextel 2007 Annual Report Download - page 75

The following table provides information about the shares of Series 1 common stock that may be issued
upon exercise of awards as of December 31, 2007.
Plan Category
Number of Securities
To be Issued
Upon Exercise of
Outstanding Options,
Warrants and Rights
Weighted Average
Exercise Price of
Outstanding Options,
Warrants and Rights
Number of Securities
Remaining Available for
Future Issuance Under
Equity Compensation Plans
(Excluding Securities
Reflected in Column (a))
(a) (b) (c)
Equity compensation plans approved
by shareholders of Series 1
common stock ................ 116,033,416(1)(2) $24.91(3) 219,861,372(4)(5)(6)(7)
Equity compensation plans not
approved by shareholders of Series
1 common stock ............... 47,647,671(8) 21.11 —
Total .......................... 163,681,087 219,861,372
(1) Includes 3,754,798 shares covered by options and 1,157,250 restricted stock units under the 2007 Plan,
69,530,149 shares covered by options and 10,172,641 restricted stock units outstanding under the 1997
Program and 30,417,950 shares covered by options outstanding under the MISOP. Also includes
8,508 shares of common stock issuable under the 2007 Plan as a result of the purchase of those shares by
directors with fourth quarter 2007 fees and purchase rights to acquire 992,120 shares of common stock
accrued at December 31, 2007 under the ESPP. Under the ESPP, each eligible employee may purchase
common stock at quarterly intervals at a purchase price per share equal to 90% of the market value on the
last business day of the offering period.
(2) Included in the total of 116,033,416 shares are 8,508 shares issued to directors under the 2007 Plan and
1,157,250 restricted stock units under the 2007 Plan, which will be counted against the 2007 Plan maximum
in a 2.5 to 1 ratio.
(3) The weighted average exercise price does not take into account the shares of common stock issuable upon
vesting of restricted stock units issued under the 1997 Program or the 2007 Plan. These restricted stock
units have no exercise price. The weighted average price also does not take into account the 8,508 shares of
common stock issuable as a result of the purchase of those shares by directors with fourth quarter 2007
fees; the purchase price of these shares was $13.09 for each share. The weighted average purchase price
also does not take into account the 992,120 shares of common stock issuable as a result of the purchase
rights accrued under the ESPP; the purchase price of these shares was $11.78 for each share.
(4) Of these shares, 200,570,102 shares of common stock were available under the 2007 Plan, of which
7,641,257 came from the 1997 Program, the Nextel Plan, and the MISOP.
(5) Includes 19,291,270 shares of common stock available for issuance under the ESPP after issuance of the
992,120 shares purchased in the fourth quarter 2007 offering. See note 1 above.
(6) No new awards may be granted under the 1997 Program or the Nextel Plan after April 15, 2007.
(7) No new options may be granted under the MISOP and therefore this figure does not include any shares of
our common stock that may be issued under the MISOP. Most options outstanding under the MISOP,
however, grant the holder the right to receive additional options to purchase our common stock if the
holder, when exercising a MISOP option, makes payment of the purchase price using shares of previously
owned stock. The additional option gives the holder the right to purchase the number of shares of our
common stock utilized in payment of the purchase price and tax withholding. The exercise price for this
option is equal to the market price of the stock on the date the option is granted, and this option becomes
exercisable one year from the date the original option is exercised. This option does not include a right to
receive additional options.
(8) Consists of options outstanding under the Nextel Plan. There are no deferred shares outstanding under the
Nextel Plan.
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