Sprint - Nextel 2014 Annual Report Download - page 187

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Table of Contents
Index to Consolidated Financial Statements
CLEARWIRE CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS —(CONTINUED)
F-104
Information regarding stock options outstanding and exercisable as of July 9, 2013 is as follows:
Options Outstanding Options Exercisable
Exercise Prices Number of
Options
Weighted
Average
Contractual
Life
Remaining
(Years)
Weighted
Average
Exercise Price Number of
Options
Weighted
Average
Exercise
Price
$3.00 6,666 .78 $ 3.00 6,666 $ 3.00
$3.03 610,750 4.68 3.03 610,750 3.03
$3.53 - $6.77 400,617 2.34 5.90 345,835 5.80
$7.41 - $7.87 57,500 3.26 7.57 43,750 7.57
$11.03 110,700 2.12 11.03 110,700 11.03
$15.00 200,665 2.50 15.00 200,665 15.00
$17.11 323,600 1.60 17.11 323,600 17.11
$18.00 509,497 3.14 18.00 509,497 18.00
$23.30 339,900 4.14 23.30 339,900 23.30
$25.00 559,228 3.64 25.00 559,228 25.00
Total 3,119,123 3.30 $ 14.59 3,050,591 $ 14.77
There were no options granted in 2013, 2012 and 2011. The total fair value of options vested during the 190
days ended July 9, 2013 and the years ended December 31, 2012 and 2011 was $0.5 million, $0.7 million and $6.6
million, respectively. The total unrecognized share based compensation costs related to non-vested stock options
outstanding at July 9, 2013 was approximately $0.1 million and is expected to be recognized over a weighted
average period of approximately four months.
Share-based compensation expense is based on the estimated grant-date fair value of the award and is
recognized net of estimated forfeitures on those shares expected to vest, over a graded vesting schedule on a
straight-line basis over the requisite service period for each separately vesting portion of the award as if the award
was, in-substance, multiple awards. Share-based compensation expense recognized for all plans for the 190 days
ended July 9, 2013, and for the years 2012 and 2011 is as follows (in thousands):
190 Days Ended
July 9, Year Ended December 31.
2013 2012 2011
Options $ 82 $ 250 $ 1,016
RSUs 20,890 28,616 25,535
Sprint Equity Compensation Plans — — 73
Total $ 20,972 $ 28,866 $ 26,624
See Note 16, Subsequent Events.
14. Stockholders’ Equity
Class A Common Stock
The Class A Common Stock represents the common equity of Clearwire. The holders of the Class A Common
Stock are entitled to one vote per share and, as a class, are entitled to 100% of any dividends or distributions made
by Clearwire, with the exception of certain minimal liquidation rights provided to the Class B Common