Print Page  |  Close Window

SEC
10-Q
BIOTELEMETRY, INC. filed this Form 10-Q on 10/31/2018
Entire Document
 << Previous Page | Next Page >>
BIOTELEMETRY, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
(Unaudited)


2017 Omnibus Incentive Plan (OIP)
In May 2017, our stockholders approved the OIP, which replaced the 2008 Plan. Stock options, RSUs, PSUs and PSOs are granted under the OIP. There were 2,332,130 shares available for grant under the OIP as of September 30, 2018.
2008 Equity Incentive Plan
Our 2008 Plan became effective on March 18, 2008 and replaced our 2003 Plan. Under the terms of the 2008 Plan, all available shares in the 2003 Plan share reserve automatically rolled into the 2008 Plan. Any cancellations or forfeitures of granted stock options under the 2003 Plan also automatically roll into the 2008 Plan. There are no shares available to grant under the 2008 Plan subsequent to the approval of the OIP.
Stock option and PSO activity is summarized as follows:
Stock Options
Number of
Shares
 
Weighted
Average
Exercise Price
 
Weighted Average Remaining Contractual Term
(years)
 
Aggregate Intrinsic Value
(in thousands)
Outstanding as of December 31, 2017
3,574,439

 
$
10.78

 

 


Granted
295,806

 
35.34

 

 


Forfeited
(83,077
)
 
29.45

 

 


Exercised
(992,177
)
 
8.28

 

 


Outstanding as of September 30, 2018
2,794,991

 
$
13.72

 
5.9
 
$
141,801

Exercisable as of September 30, 2018
1,835,593

 
$
7.12

 
4.6
 
$
105,236

Expected to vest as of September 30, 2018
870,864

 
$
26.34

 
8.5
 
$
33,191

Performance Stock Options
Number of
Shares
 
Weighted
Average
Exercise Price
 
Weighted Average Remaining Contractual Term
(years)
 
Aggregate Intrinsic Value
(in thousands)
Outstanding as of December 31, 2017
150,000

 
$
20.41

 
 
 
 
Granted

 

 
 
 
 
Forfeited

 

 
 
 
 
Exercised
(15,000
)
 
18.33

 
 
 
 
Outstanding as of September 30, 2018
135,000

 
$
20.64

 
8.2
 
$
5,914

Exercisable as of September 30, 2018
135,000

 
$
20.64

 
8.2
 
$
5,914


26

 << Previous Page | Next Page >>