Sprint - Nextel 2010 Annual Report Download - page 124

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A summary of option activity from January 1, 2008 through December 31, 2010 is presented below:
Options outstanding — January 1, 2008
Options acquired in purchase accounting — November 28,
2008
Granted
Forfeited
Exercised
Options outstanding — December 31, 2008
Granted
Forfeited
Exercised
Options outstanding — December 31, 2009
Granted
Forfeited
Exercised
Options outstanding — December 31, 2010
Vested and expected to vest — December 31, 2010
Exercisable outstanding — December 31, 2010
Number of
Options
—
19,093,614
425,000
(337,147)
(9,866)
19,171,601
7,075,000
(4,084,112)
(624,758)
21,537,731
996,648
(3,007,895)
(3,083,243)
16,443,241
15,773,721
11,074,772
Weighted-
Average
Exercise
Price
$ 14.38
4.10
11.64
3.00
$ 14.21
4.30
15.13
3.51
$ 11.09
7.37
12.79
4.44
$ 11.80
$ 12.01
$ 13.93
Weighted-
Average
Remaining
Contractual
Term
(Years)
6.36
6.39
5.69
5.59
4.68
Aggregate
Intrinsic
Value As of
12/31/2010
(In millions)
$ 7.7
$ 7.2
$ 3.3
The intrinsic value of options exercised during the years ended December 31, 2010, 2009 and 2008 was $10.5 million,
$2.3 million and $15,000, respectively.
Table of Contents CLEARWIRE CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS —(CONTINUED)
F-67