Sprint - Nextel 2008 Annual Report Download - page 58

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, 2009.
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 ........ 108,025,907(1)(2) $15.31(3) 259,495,974(4)(5)(6)(7)
Equity compensation plans not approved by
shareholders of Series 1 common stock ........ 17,753,245(8) 22.08 —
Total ..................................... 125,779,152 259,495,974
(1) Includes 37,203,639 shares covered by options and 12,510,536 restricted stock units under the 2007 Plan,
35,235,272 shares covered by options and 3,815,654 restricted stock units outstanding under the 1997 Program
and 18,066,607 shares covered by options outstanding under the MISOP. Also includes purchase rights to
acquire 1,194,199 shares of common stock accrued at December 31, 2009 under the ESPP. Under the ESPP,
each eligible employee may purchase common stock at quarterly intervals at a purchase price per share equal to
95% of the market value on the last business day of the offering period.
(2) Included in the total of 108,025,907 shares are 12,510,536 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 purchase price also does not take into account the
1,194,199 shares of common stock issuable as a result of the purchase rights accrued under the ESPP; the
purchase price of these shares was $3.53 for each share.
(4) Of these shares, 174,459,795 shares of common stock were available under the 2007 Plan. Through
December 31, 2009, 85,971,239 cumulative shares came from the 1997 Program, the Nextel Plan and the
MISOP.
(5) Includes 85,036,179 shares of common stock available for issuance under the ESPP after issuance of the
1,194,199 shares purchased in the fourth quarter 2009 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 17,753,245 options outstanding under the Nextel Plan. There are no deferred shares outstanding
under the Nextel Plan.
Item 13. Certain Relationships and Related Transactions, and Director Independence
The information required by this item is incorporated by reference to the information set forth under the
captions “Certain Relationships and Other Transactions” and “Election of Directors—Independence of Directors”
in our proxy statement relating to our 2010 annual meeting of shareholders, which will be filed with the SEC.
Item 14. Principal Accountant Fees and Services
The information required by this item is incorporated by reference to the information set forth under the
caption “Ratification of Independent Registered Public Accounting Firm” in our proxy statement relating to our
2010 annual meeting of shareholders, which will be filed with the SEC.
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