Desai Vikram Kris 4

4 · EARTHLINK INC · Filed Feb 21, 2012

Form 4

Period: 2012-02-16

President, Advanced Services

Transactions

Award
Stock Options
2012-02-16$7.51/sh+118,902$892,954→ 156,902 total
Exercise: $7.51From: 2013-02-16Exp: 2022-02-16→ Common Stock (118,902 underlying)
Award
Restricted Stock Units
2012-02-16+25,965→ 182,867 total
From: 2015-02-16Exp: 2022-02-16→ Common Stock (25,965 underlying)

Footnotes (4)

[F1]The stock options were acquired under the Company's 2011 Equity and Cash Incentive Plan. The stock options vest ratably over four years and have an exercise period of ten years.
[F2]The Restricted Stock Units were acquired under the Company's 2011 Equity and Cash Incentive Plan. The Restricted Stock Units vest and become exercisable as follows: 75% are earned based on successful completion on established dates during 2012 and 2013 of certain Company performance objectives related to building the Company's platform for strategic growth, with full vesting on the third anniversary of the grant date (assuming continued employment) and 25% of the RSUs would be earned in February 2015 based on the Company's achieving full year business segment organic growth in 2014 compared to 2013.
[F3]Includes options to purchase 118,902 shares of common stock and 38,000 Restricted Stock Units.
[F4]Includes options to purchase 118,902 shares of common stock and 63,965 Restricted Stock Units.

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