Sprint - Nextel 2012 Annual Report Download - page 95

Table of Contents
Option Exercises and Stock Vested
The table below summarizes option awards that were exercised and stock awards that vested in 2012 with respect to each of our named
executive officers.
_____________________________________
89
2011
Performance -
based RSUs
1/3 for 2012
Forfeited
for 2012
Hesse
965,000
321,667
107,115
Euteneuer
229,258
76,420
25,448
Cowan
168,919
56,307
18,750
Elfman
219,595
73,199
24,375
Johnson
94,595
31,532
10,500
(7)
pRSUs—Represents a performance-based RSU award granted under our 2012 LTIC plan, which is subject to adjustment in accordance with the performance
objectives. Vesting occurs 100%, as adjusted for achievement in the three-year performance period ending on December 31, 2014, on February 22, 2015. In
early 2012, the Compensation Committee set goals for the 2012-2014 performance period with respect to free cash flow, net service revenue and Network
Vision deployment.
(8)
SO—Represents stock options granted under our 2012 LTIC plan. Vesting occurs in equal installments on each of February 22, 2013, February 22, 2014
and February 22, 2015.
2012 Option Exercises and Stock Vested
Option Awards
Stock Awards
Number of
Shares
Acquired on
Exercise
(#)
Value
Realized on
Exercise
($)(1)
Number of
Shares
Acquired on
Vesting
(#)
Value
Realized on
Vesting
($)
Hesse
750,000
4,091,250
—
—
Euteneuer
—
—
—
—
Cowan
—
—
—
—
Elfman
—
—
—
—
Johnson
—
—
—
—
(1)
Amounts reflect the average high and low common stock price as reported on the NYSE composite of the underlying common stock on the day the option shares
were exercised or RSU award vested multiplied by the number of shares that vested.