Sprint - Nextel 2013 Annual Report Download - page 99

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 common stock that may be issued upon exercise of awards as of
December 31, 2013 .
_______________
97
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 stockholders of common
stock
80,775,343
(1)(2)
$6.54
(3)
195,004,233
(4)(5)(6)
Equity compensation plans not approved by stockholders of
common stock
1,098,958
(7)
$17.14
—
Total
81,874,301
195,004,233
(1)
Includes 40,571,122 shares covered by options and 33,325,973 restricted stock units under the 2007 Plan, and 6,449,043 shares covered by options and 41,336
restricted stock units outstanding under the 1997 Program. Also includes purchase rights to acquire 387,869 shares of common stock accrued at December 31, 2013
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 80,775,343 shares are 33,325,973 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 387,869 shares of common
stock issuable as a result of the purchase rights accrued under the ESPP; the purchase price of these shares was $10.16 for each share.
(4)
Of these shares, 115,756,537 shares of common stock were available under the 2007 Plan. Through December 31, 2013, 145,478,285 cumulative shares came from the
1997 Program, the Nextel Plan and the MISOP.
(5)
Includes 79,247,696 shares of common stock available for issuance under the ESPP after issuance of the 387,869 shares purchased in the fourth quarter 2013 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 1,098,958 options outstanding under the Nextel Plan. There are no deferred shares outstanding under the Nextel Plan.