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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:
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
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-103