Sprint - Nextel 2012 Annual Report Download - page 107

Table of Contents
Compensation Plan Information
Currently we sponsor two active equity incentive plans, the 2007 Omnibus Incentive Plan (2007 Plan) and our Employee Stock Purchase
Plan (ESPP). We also sponsor the 1997 Long - Term Incentive Program (1997 Program) and the Nextel Incentive Equity Plan (Nextel Plan). All
outstanding options under the Management Incentive Stock Option Plan (MISOP) expired in 2012. Under the 2007 Plan, we may grant stock options,
stock appreciation rights, restricted stock, restricted stock units, performance shares, performance units and other equity
- based and cash awards to
our employees, outside directors and certain other service providers. The Compensation Committee of our board of directors, or one or more executive
officers should the Compensation Committee so authorize, will determine the terms of each award. No new grants can be made under the 1997 Program,
the Nextel Plan, or the MISOP.
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, 2012 .
_______________
101
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
80,965,327
(1)(2)
$6.48
(3)
209,215,981
(4)(5)(6)
Equity compensation plans not approved by
shareholders of Series 1 common stock
1,663,042
(7)
$17.34
—
Total
82,628,369
209,215,981
(1)
Includes 53,959,361 shares covered by options and 18,425,717 restricted stock units under the 2007 Plan, and 7,857,056 shares covered
by options and 41,607 restricted stock units outstanding under the 1997 Program. Also includes purchase rights to acquire 681,586 shares
of common stock accrued at December 31, 2012 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 80,965,327 shares are 18,425,717 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 681,586 shares of common stock issuable as a result of the purchase rights accrued under the ESPP; the
purchase price of these shares was $5.41 for each share.
(4)
Of these shares, 136,083,651shares of common stock were available under the 2007 Plan. Through December 31, 2012 , 127,611,214
cumulative shares came from the 1997 Program, the Nextel Plan and the MISOP.
(5)
Includes 73,132,330 shares of common stock available for issuance under the ESPP after issuance of the 681,586 shares purchased in the
fourth quarter 2012 offering. See note 1 above.
(6)
No new awards may be granted under the 1997 Program, the Nextel Plan, or the MISOP.
(7)
Consists of 1,663,042 options outstanding under the Nextel Plan. There are no deferred shares outstanding under the Nextel Plan.