Print Page  |  Close Window

Sensata Technologies Holding N.V.'s SEC Filings

S-1/A
SENSATA TECHNOLOGIES HOLDING PLC filed this Form S-1/A on 03/09/2010
Entire Document
 


Table of Contents

A summary of stock option activity for the years ended December 31, 2008 and 2009 is presented below. Amounts in the table below have been calculated based on unrounded shares. Because each grant is divided equally between Tranches I, II and III, certain amounts may not add to the totals due to the effect of rounding.

 

    Ordinary Shares     Weighted-Average
Exercise Price
Per Share
  Weighted-Average
Remaining
Contractual Term
(in years)
  Aggregate
Intrinsic Value
(in thousands)

Tranche 1 Options

       

Balance as of December 31, 2007

  4,064,479      $ 7.05   8.55   $ 17,592

Granted

  131,669        11.38    

Forfeited

  (145,667     7.53    

Expired

  —          —      

Exercised

  —          —      
           

Balance as of December 31, 2008

  4,050,481        7.18   7.57     17,031

Granted

  1,166,667        14.89    

Forfeited

  (200,432     7.72    

Canceled

  (25,000     6.30    

Expired

  —          —      

Exercised

  —          —      
           

Options outstanding as of December 31, 2009

  4,991,716      $ 8.96   7.28   $ 55,259
                     

Options vested and exercisable as of December 31, 2009

  2,195,472      $ 7.02   6.47   $ 28,554

Expected to vest as of December 31, 2009(1)

  4,810,082      $ 8.90   7.26   $ 53,524

Tranche 2 and 3 Options

       

Balance as of December 31, 2007

  8,128,959      $ 7.05   8.55   $ 35,183

Granted

  263,332        11.38    

Forfeited

  (291,333     7.53    

Expired

  —          —      

Exercised

  —          —      
           

Balance as of December 31, 2008

  8,100,958        7.18   7.57     34,062

Granted

  283,333        15.51    

Forfeited

  (400,860     7.72    

Canceled

  (50,000     6.30    

Expired

  —          —      

Exercised

  —          —      
           

Options outstanding as of December 31, 2009

  7,933,432      $ 7.45   6.67   $ 99,796
                     

Options vested as of December 31, 2009

  —        $ —     —     $ —  

Expected to vest as of December 31, 2009(1)

  7,795,665      $ 7.45   6.67   $ 98,069

 

  (1)   The expected to vest options are the sum of vested options and the result of applying the forfeiture rate assumption, adjusted for cumulative actual forfeitures, to total unvested outstanding options.

 

F-49