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Re: infinite_q post# 24889

Tuesday, 05/13/2003 4:44:55 PM

Tuesday, May 13, 2003 4:44:55 PM

Post# of 432708
Infinite you asked:

..."How many options does IDCC grant, on average, per year? How long would they go at the current rate before the remaining grants are exhausted? If we vote no this year does the current options program have to be modified or terminated?"

IDCC granted 2.5m options in 2000, 5.1m in 2001, and 1.1m in 2002. At the 2002 grant rate of 1.1m per year, the 5.6 remaining options, warrants, and restricted shares would last 5 years. If we vote No this year to the additional 5m option authorization, no existing plan will have to be modified or terminated.



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