The following table summarizes information about options outstanding and
exercisable at December 31, 1997:
OPTIONS OUTSTANDING
------------------------------------------
WEIGHTED- OPTIONS EXERCISABLE
AVERAGE ----------------------------
REMAINING WEIGHTED- WEIGHTED-
RANGE OF OPTIONS CONTRACTUAL AVERAGE OPTIONS AVERAGE
EXERCISE PRICES OUTSTANDING LIFE EXERCISE PRICE EXERCISABLE EXERCISE PRICE
--------------- ----------- ----------- -------------- ----------- --------------
$ 0.001 - $ 0.332 169,964 6.3 years $ 0.172 169,964 $ 0.172
0.333 - 1.000 1,528,035 6.5 years 0.599 1,379,433 0.596
1.001 - 2.667 970,608 9.1 years 2.231 573,108 2.173
2.668 - 4.667 320,200 9.2 years 4.416 283,574 4.444
4.668 - 12.000 789,475 9.3 years 11.861 511,909 11.848
12.001 - 25.313 283,100 9.6 years 21.978 234,363 21.983
25.314 - 55.250 373,200 9.8 years 42.549 236,091 41.520
55.251 - 62.563 75,250 9.9 years 58.078 36,773 58.006
--------- ---------
$ 0.001 - $62.563 4,509,832 8.2 years $ 8.949 3,425,215 $ 7.739
Above, the figures are from the 10K, pre-split. It shows 6.8M
post-split of employee options that were immediately exerciseable.
I think employees have various "quiet periods" during which they
can't sell their options, but other than that, the shares can be
sold without prior notice. |
