Dish Network 2009 Annual Report Download - page 125

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DISH NETWORK CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - Continued
F-35
As of December 31, 2009, the following stock awards were outstanding:
Stock Awards Ou tstanding
Stock
Options
Restricted
Stock
Units
Stock
Op ti ons
Restricted
Stock
Units
Held b y DISH Net wo rk empl oyees.......... 18,094,235 857,719 1,278,344 63,000
Held by EchoStar employees................... 3,767,456 388,565 N/A N/A
Total......................................................... 21,861,691 1,246,284 1,278,344 63,000
A s of December 31, 20 09
EchoStar AwardsDISH Network Awards
We are responsible for fulfilling all stock awards related to DISH Network common stock and EchoStar is
responsible for fulfilling all stock awards related to EchoStar common stock, regardless of whether such stock
awards are held by our or EchoStar’s employees. Notwithstanding the foregoing, our stock-based compensation
expense, resulting from stock awards outstanding at the Spin-off date, is based on the stock awards held by our
employees regardless of whether such stock awards were issued by DISH Network or EchoStar. Accordingly,
stock-based compensation that we expense with respect to EchoStar stock awards is included in “Additional paid-in
capital” on our Consolidated Balance Sheets.
Exercise prices for stock options outstanding and exercisable as of December 31, 2009 are as follows:
Number
Outstanding
as of
December 31,
2009
Weighted-
Average
Remaining
Contractual
Life
Weighted-
Average
Exercise
Price (1)
Number
Exercisable
as of
December 31,
2009
Weighted-
Average
Remaining
Contractual
Life
Weighted-
Average
Exercise
Price (1)
0.07$ - 10.00$ 113,388 6.40 2.59$ 80,688 6.15 2.32$
10.00$ - 15.00$ 6,987,805 8.88 11.09$ 608,055 7.36 11.09$
15.00$ - 20.00$ 1,232,250 9.07 16.73$ 23,250 3.79 15.93$
20.00$ - 25.00$ 5,978,404 5.56 23.57$ 1,900,054 4.86 23.26$
25.00$ - 30.00$ 5,312,244 5.71 26.65$ 3,931,544 5.12 26.32$
30.00$ - 35.00$ 513,900 6.21 31.77$ 284,100 5.11 32.02$
35.00$ - 40.00$ 770,700 7.10 36.30$ 281,400 6.84 36.25$
40.00$ - 66.00$ 953,000 0.47 51.81$ 953,000 0.47 51.81$
0.07
$ - 66.00$ 21,861,691 6.71 21.71$ 8,062,091 4.74 27.74$
Options Outstanding Options Exercisable
(1) The weighted-average exercise prices in the above table do not reflect this reduction to the exercise price
related to the Offer to Exchange, discussed under “Valuation” below. The majority of the outstanding
eligible incentive stock options at December 31, 2009 were exchanged subsequent to year end.