(1) |
Includes (i) 590 Restricted Stock Units awarded on 1/20/12 vesting on 1/31/15, (ii) 1,504 Restricted Stock Units awarded on 1/18/13 vesting in equal installments on 1/31/15 and 1/31/16, (iii) 2,272 Restricted Stock Units awarded on 1/17/14 vesting in equal installments on 1/31/15, 1/31/16 and 1/31/17, (iv) 6,553 Restricted Stock Units awarded on 1/20/12 will vest and be eligible for payment in respect of (A) 33% of the award if the price of a share of Common Stock is at least $211.266 for at least 20 consecutive trading days, (B) 33% of the award if the price of a share of Common Stock is at least $229.637 for at least 20 consecutive trading days and (C) 34% of the award if the price of a share of Common Stock is at least $248.008 for at least 20 consecutive trading days; provided that, such vesting and eligibility for payment shall occur only if the price of a share of Common Stock on any Vesting Date which occurs subsequent to satisfaction of a condition described in clauses (A), (B) or (C) is at least $211.266, where "Vesting Date" shall mean any of January 31, 2016, January 31, 2017 and January 31, 2018. Accordingly, this award may not vest before January 31, 2016 and will expire on January 31, 2018 to the extent not then vested, (v) 5,916 Restricted Stock Units awarded on 1/18/13 will vest and be eligible for payment in respect of (A) 33% of the award if the price of a share of Common Stock is at least $267.525 for at least 20 consecutive trading days, (B) 33% of the award if the price of a share of Common Stock is at least $290.788 for at least 20 consecutive trading days and (C) 34% of the award if the price of a share of Common Stock is at least $314.051 for at least 20 consecutive trading days; provided that, such vesting and eligibility for payment shall occur only if the price of a share of Common Stock on any Vesting Date which occurs subsequent to satisfaction of a condition described in clauses (A), (B) or (C) is at least $267.525, where "Vesting Date" shall mean any of January 31, 2017, January 31, 2018 and January 31, 2019. Accordingly, this award may not vest before January 31, 2017 and will expire on January 31, 2019 to the extent not then vested and (vi) 3,840 Restricted Stock Units awarded on 1/17/14 will vest and be eligible for payment in respect of (A) 33% of the award if the price of a share of Common Stock is at least $366.913 for at least 20 consecutive trading days, (B) 33% of the award if the price of a share of Common Stock is at least $398.819 for at least 20 consecutive trading days and (C) 34% of the award if the price of a share of Common Stock is at least $430.724 for at least 20 consecutive trading days; provided that, such vesting and eligibility for payment shall occur only if the price of a share of Common Stock on any Vesting Date which occurs subsequent to satisfaction of a condition described in clauses (A), (B) or (C) is at least $366.913, where "Vesting Date" shall mean any of January 31, 2018, January 31, 2019 and January 31, 2020. Accordingly, this award may not vest before January 31, 2018 and will expire on January 31, 2020 to the extent not then vested. Each Restricted Stock Unit is payable solely by delivery of an equal number of shares of Common Stock. |