Windstream 2007 Annual Report Download - page 26

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The following table shows information regarding outstanding awards under the Windstream equity
incentive plans held by the individuals named below as of December 31, 2007. All awards represent grants of
restricted stock under Windstream’s 2006 Equity Incentive Plan.
OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END
Stock Awards (1)
Time-Based Vesting Restricted Stock Performance-Based Vesting Restricted Stock
Name
Number of Shares or
Units of Stock That
Have Not Vested
(#)
Market Value
of Shares or
Units of Stock
That Have Not
Vested
($)
(2)
Equity Incentive
Plan Awards:
Number of
Unearned Shares,
Units or Other
Rights That Have
Not Vested
(#)
Equity Incentive Plan Awards: Market or
Payout Value of Unearned Shares, Units or
Other Rights That Have Not Vested
($)
(2)
Jeffery R.
Gardner
-0-
-0-
-0-
-0-
400,204(3)
168,804(4)
5,210,656
2,197,828
569,008 7,408,484
Brent
Whittington
32,240(5)
39,682(6)
21,944(7)
419,765
516,660
285,711
-0-
-0-
21,944(4)
-0-
-0-
285,711
93,866 1,222,136 21,944 285,711
John P.
Fletcher
25,132(5)
37,698(6)
16,880(7)
327,219
490,828
219,778
-0-
-0-
16,880(4)
-0-
-0-
219,778
79,710 1,037,825 16,880 219,778
Robert G.
Clancy
13,951(5)
19,841(6)
7,596(7)
18,867(8)
181,642
258,330
98,900
245,648
-0-
-0-
7,596(4)
-0-
-0-
-0-
98,900
-0-
60,255 784,520 7,596 98,900
Susan Bradley 17,331(5)
19,841(6)
8,440(7)
225,650
258,330
109,889
-0-
-0-
8,440(4)
-0-
-0-
109,889
45,612 593,869 8,440 109,889
Keith D.
Paglusch
-0- -0- -0- -0-
(1) Windstream has no outstanding awards of stock options.
(2) Market value calculated using the closing price of Windstream common stock on December 31, 2007,
which was $13.02.
(3) Performance-based shares vest ratably in annual one-third (1/3) increments over the three-year period
ending August 31, 2009 if Windstream also achieves the performance objective for such annual period.
(4) Performance-based shares vest ratably in annual one-third (1/3) increments over the three-year period
ending February 15, 2010 if Windstream also achieves the performance objectives for such annual period.
(5) Shares vest ratably in annual one-third (1/3) increments over the three-year period ending August 1, 2009.
(6) Shares vest in full August 1, 2009.
20