Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
2K characters. Original on sec.gov ·
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
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Equity Compensation Plan Information
The following table summarizes information about our equity compensation plans as of December 31, 2017. All outstanding awards relate to our Class A common stock.
| 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 security holders (1) | 10,188,426 | $ | 0.01 | 5,573,842 | ||||||||
| Equity compensation plans not approved by security holders | — | — | — | |||||||||
| Total | 10,188,426 | $ | 0.01 | 5,573,842 |
| (1) | Consists of stock options and restricted stock units (“RSUs”) issued under our 2017 Equity Incentive Plan (the “2017 Plan”), 2012 Equity Incentive Plan (the “2012 Plan”) and our Second Amended and Restated 2004 Stock Incentive Plan (the “2004 Plan”). Our 2004 Plan terminated in May 2012 in connection with the adoption of the 2012 Plan, and our 2012 Plan terminated in May 2017 in connection with the adoption of the 2017 Plan. We cannot issue any further awards under the 2004 Plan and the 2012 Plan. |
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In addition:
| • | The figures in the foregoing table include: |
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| o | 5,834,580 RSUs that are performance vesting in nature, with the figures in the table reflecting the maximum number of RSUs that may be issued if all performance-based targets are satisfied; |
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| o | 4,348,188 RSUs that are time vesting in nature; and |
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| o | 5,658 shares issuable upon the exercise of outstanding options. |
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| • | Excluding all outstanding RSUs (which can be exercised for no consideration), the weighted-average exercise price of outstanding options, warrants and rights indicated in the table above would increase to $26.50 per share. |
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We incorporate herein by reference the information contained under the heading “Stock Ownership” in the definitive proxy statement for our 2018 Annual Meeting of Stockholders.
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