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Table of Contents
Index to Consolidated Financial Statements
CLEARWIRE CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — ( CONTINUED)
A summary of option activity from January 1,
2011 through July 9, 2013 is presented below:
The intrinsic value of options exercised during the 190 days ended July 9, 2013 and the year ended December 31,
2011 was $0.1 million and $2.3 million ,
respectively. There were no option exercises during the period ended December 31, 2012. At July 9, 2013, the aggregate intrinsic value of options outstanding
was
$1.3 million
F - 83
Number of
Options
Weighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Term
(Years)
Options outstanding — January 1, 2011
16,443,241
$
11.80
5.69
Granted
—
—
Forfeited
(10,701,871
)
11.86
Exercised
(1,180,619
)
3.07
Options outstanding — December 31, 2011
4,560,751
$
13.98
4.24
Granted
—
—
Forfeited
(1,310,146
)
12.94
Exercised
—
—
Options outstanding — December 31, 2012
3,250,605
$
14.39
4.36
Granted
—
Forfeited
(66,732
)
16.18
Exercised
(64,750
)
3.06
Options outstanding — July 9, 2013
3,119,123
$
14.59
3.30
Vested and expected to vest — July 9, 2013
3,115,111
$
14.60
3.30
Exercisable outstanding — July 9, 2013
3,050,591
$
14.77
3.31