Table of Contents
INFOSPACE, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Years Ended December 31, 2001, 2000 and 1999
grant from these plans. The Company also has nonqualified stock options that were issued outside of the other stock option plans in 1998.
These options vest over four years, 25% one year from the date of grant and ratably thereafter on a monthly basis and expire ten years from the
date of grant. As of December 31, 2001, 67,704 options were outstanding from the options issued outside of the 1996 Plan, 2001 Plan and
Tandem Plan.
Activity and pricing information regarding all options and restricted stock excluding the Tandem Plan are summarized as follows:
Weighted
Average
Option/Restricted
Exercise
Stock
Price
Outstanding, January 1, 1999
40,801,246
$ 1.59
Granted
19,136,441
23.34
Cancelled
(3,146,706 )
5.52
Exercised
(8,540,596 )
2.05
Outstanding, December 31, 1999
48,250,385
9.88
Granted
41,217,234
35.25
Cancelled
(14,136,974 )
26.17
Exercised
(13,295,326 )
2.04
Outstanding, December 31, 2000
62,035,319
24.05
Granted
50,655,134
3.45
Cancelled
(43,331,029 )
21.07
Exercised
(5,173,912 )
1.55
Outstanding December 31, 2001
64,185,512
$ 11.62
Options exercisable, December 31, 2001
20,097,830
$ 15.67
Activity and pricing information regarding the Tandem Plan is summarized as follows:
Weighted
Average
Option/Restricted
Exercise
Stock
Price
Outstanding, January 1, 2000
Granted
6,558,700
Cancelled
(676,200 )
$ 45.44
Exercised
Outstanding, December 31, 2000
5,882,500
45.44
Granted
Cancelled
(5,222,100 )
45.44
Exercised
Outstanding December 31, 2001
660,400
$ 45.44
Options exercisable, December 31, 2001
288,927
$ 45.44
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