Sprint - Nextel 2010 Annual Report Download - page 49

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, 2010.
Plan Category
Equity compensation plans approved by
shareholders of Series 1 common stock
Equity compensation plans not approved
by shareholders of Series 1 common
stock
Total
Number of Securities
To be Issued
Upon Exercise of
Outstanding Options,
Warrants and Rights
(a)
80,255,833
3,455,196
83,711,029
(1)(2)
(8)
Weighted Average
Exercise Price of
Outstanding Options,
Warrants and
Rights
(b)
$ 10.67
13.18
(3)
Number of Securities
Remaining Available for
Future Issuance Under
Equity Compensation Plans
(Excluding Securities
Reflected in Column (a)
(c)
255,471,594
—
255,471,594
(4)(5)(6)(7)
________
(1) Includes 45,387,515 shares covered by options and 11,080,761 restricted stock units under the 2007 Plan, 11,836,878
shares covered by options and 41,607 restricted stock units outstanding under the 1997 Program and 10,962,599 shares
covered by options outstanding under the MISOP. Also includes purchase rights to acquire 946,473 shares of common
stock accrued at December 31, 2010 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 80,255,833 shares are 11,080,761 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 946,473 shares of common stock
issuable as a result of the purchase rights accrued under the ESPP; the purchase price of these shares was $4.00 for
each share.
(4) Of these shares, 174,048,741 shares of common stock were available under the 2007 Plan. Through December 31,
2010, 104,263,797 cumulative shares came from the 1997 Program, the Nextel Plan and the MISOP.
(5) Includes 81,422,853 shares of common stock available for issuance under the ESPP after issuance of the
946,473 shares purchased in the fourth quarter 2010 offering. See note 1 above.
(6) No new awards may be granted under the 1997 Program or the Nextel Plan.
(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 3,455,196 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 2011 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 2011 annual meeting of
shareholders, which will be filed with the SEC.
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