Page 44 - EndoProxy2012_final

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100 Endo Boulevard
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(2) These amounts are comprised of 6,402 RSUs granted on April 1, 2008 (which vest on the fourth anniversary of
the date of grant), 49,172 RSUs granted on February 26, 2009 (which vest on the fourth anniversary of the date
of grant), 59,437 RSUs granted on February 19, 2010 (which vest on the fourth anniversary of the date of grant),
59,437 PSUs granted on February 19, 2010 (which, upon the achievement of certain financial metrics discussed
above, become exercisable on December 31, 2012, the first business day following the end of their performance
period), 51,913 RSUs granted on February 23, 2011 (which vest ratably over a four-year period in 25% increments
on each of the first, second, third, and fourth anniversaries of the date of grant) and 51,913 PSUs granted on Feb-
ruary 23, 2011 (which, upon the achievement of certain financial metrics discussed above, become exercisable on
December 31, 2013, the first business day following the end of their performance period).
(3) These amounts are comprised of 21,750 RSUs granted on June 1, 2009 (which will vest ratably over their remaining
term in equal increments on each of the third and fourth anniversaries of the date of grant), 21,349 RSUs granted
on February 19, 2010 (which vest on the fourth anniversary of the date of grant), and 21,349 PSUs granted on
February 19, 2010 (which, upon the achievement of certain financial metrics discussed above, become exercisable
on December 31, 2012, the first business day following the end of their performance period), 16,368 RSUs granted
on February 23, 2011 (which vest ratably over a four-year period in 25% increments on each of the first, second,
third, and fourth anniversaries of the date of grant) and 16,368 PSUs granted on February 23, 2011 (which, upon
the achievement of certain financial metrics discussed above, become exercisable on December 31, 2013, the first
business day following the end of their performance period).
(4) This amount is comprised of 10,532 RSUs granted on March 15, 2010 (which will vest ratably over their remaining
term on each of the second, third, and fourth anniversaries of the date of grant), 15,745 RSUs granted on Febru-
ary 23, 2011 (which vest ratably over a four-year period in 25% increments on each of the first, second, third, and
fourth anniversaries of the date of grant) and 15,745 PSUs granted on February 23, 2011 (which, upon the achieve-
ment of certain financial metrics discussed above, become exercisable on December 31, 2013, the first business
day following the end of their performance period).
(5) These amounts are comprised of 15,724 RSUs granted on February 26, 2009 (which vest on the fourth anniver-
sary of the date of grant), 22,181 RSUs granted on February 19, 2010 (which vest on the fourth anniversary of the
date of grant), and 22,181 PSUs granted on February 19, 2010 (which, upon the achievement of certain financial
metrics discussed above, become exercisable on December 31, 2012, the first business day following the end of
their performance period), 13,316 RSUs granted on February 23, 2011 (which vest ratably over a four-year period in
25% increments on each of the first, second, third, and fourth anniversaries of the date of grant) and 13,316 PSUs
granted on February 23, 2011 (which, upon the achievement of certain financial metrics discussed above, become
exercisable on December 31, 2013, the first business day following the end of their performance period).
(6) These amounts are comprised of 2,792 RSUs granted on February 21, 2008 (which vest on the fourth anniversaries
of the date of grant), 10,798 RSUs granted on February 26, 2009 (which vest on the fourth anniversary of the date
of grant), 13,009 RSUs granted on February 19, 2010 (which vest on the fourth anniversary of the date of grant),
13,009 PSUs granted on February 19, 2010 (which, upon the achievement of certain financial metrics discussed
above, become exercisable on December 31, 2012, the first business day following the end of their performance
period), 11,732 RSUs granted on February 23, 2011 (which vest ratably over a four-year period in 25% increments
on each of the first, second, third, and fourth anniversaries of the date of grant) and 11,732 PSUs granted on Feb-
ruary 23, 2011 (which, upon the achievement of certain financial metrics discussed above, become exercisable on
December 31, 2013, the first business day following the end of their performance period).
(7) Value calculated by multiplying the number of unvested units by the closing price of $34.53 per share on Decem-
ber 31, 2011.
(8) Value calculated by multiplying the number of unvested units by the closing price of $34.53 per share on Decem-
ber 31, 2011. The values shown in this column are based on the number of units that would be earned at target
performance. These amounts could range from zero to two times the amounts listed in this column depending on
performance in relation to the terms of the PSUs, which are discussed in detail above the section titled “Equity-
Based Long-term Incentive (LTI) Compensation” in the “COMPENSATION DISCUSSION AND ANALYSIS.”