Cinemark Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Capital Stock (Tables)

Capital Stock (Tables)

12 Months Ended

Dec. 31, 2011


	Number of Treasury Shares		Cost
	Number of Treasury Shares		Cost
Balance at January 1, 2010		3,305,418	$	43,895
Restricted stock forfeitures ⁽¹⁾		2,719		—
Noncash stock option exercises ⁽²⁾		35,298		531
Restricted stock withholdings ⁽³⁾		16,424		299

Balance at December 31, 2010		3,359,859	$	44,725
Restricted stock forfeitures ⁽¹⁾		1,920		—
Restricted stock withholdings ⁽⁴⁾		25,200		494
Restricted stock awards canceled ⁽¹⁾		4,613		—

Balance at December 31, 2011		3,391,592	$	45,219

⁽¹⁾	The Company repurchased forfeited and canceled restricted shares at a cost of $0.001 per share in accordance with the Company’s Amended and Restated 2006 Long Term Incentive Plan.

⁽²⁾

In a noncash stock option exercise, the exercise price for the shares to be held by employees and the related tax withholdings are satisfied with stock withholdings. The Company repurchased the shares at current market value based on the days on which the stock options were exercised, which ranged from $14.85 to $15.17.

⁽³⁾	The Company repurchased restricted shares as a result of the election by employees to have the Company withhold shares of restricted stock to satisfy their tax liabilities upon vesting in restricted stock. The Company repurchased the shares at market value on the dates of repurchase.

⁽⁴⁾	The Company withheld restricted shares as a result of the election by certain employees to satisfy their tax liabilities upon vesting in restricted stock. The Company determined the number of shares to be withheld based upon a market value of $19.60 per share.

Stock Options


	Year Ended December 31, 2009					Year Ended December 31, 2010					Year Ended December 31, 2011
	Shares			Weighted Average Exercise Price		Shares			Weighted Average Exercise Price		Shares			Weighted Average Exercise Price		Aggregate Intrinsic Value
Outstanding at January 1		6,139,670		$	7.63		1,231,892		$	7.63		140,356		$	7.63
Exercised		(4,907,778	)	$	7.63		(1,091,536	)	$	7.63		(58,190	)	$	7.63

Outstanding at December 31		1,231,892		$	7.63		140,356		$	7.63		82,166		$	7.63	$	892

Vested options at December 31		1,231,892		$	7.63		140,356		$	7.63		82,166		$	7.63	$	892

Restricted stock


	Year Ended December 31, 2009					Year Ended December 31, 2010					Year Ended December 31, 2011
	Shares			Weighted Average Exercise Price		Shares			Weighted Average Exercise Price		Shares			Weighted Average Exercise Price
Outstanding at January 1		385,666		$	13.32		764,078		$	11.10		1,254,691		$	14.60
Granted		472,881		$	9.69		683,921		$	17.94		424,436		$	19.45
Vested		(70,493	)	$	13.77		(190,589	)	$	12.63		(288,204	)	$	10.84
Canceled		—			—		—			—		(4,613	)	$	18.35
Forfeited		(23,976	)	$	11.15		(2,719	)	$	11.03		(1,920	)	$	14.34

Outstanding at December 31		764,078		$	11.10		1,254,691		$	14.60		1,384,390		$	16.85

Number of shares vested under restricted stock unit awards


	Granted During the Year Ended December 31,
	2009				2010				2011
	Number of Shares		Value at		Number of Shares		Value at		Number of Shares		Value at
	Vesting		Grant		Vesting		Grant		Vesting		Grant
at IRR of at least 8.5%		101,051	$	963		132,144	$	2,423		51,239	$	991
at IRR of at least 10.5%		202,117	$	1,927		264,288	$	4,847		102,488	$	1,983
at IRR of at least 12.5%		303,168	$	2,891		396,429	$	7,271		153,727	$	2,975

- Definition

Tabular disclosure of an entity's treasury stock, including the average cost per share, carrying basis for each class of treasury stock, description of share repurchase program authorized by an entity's board of directors, the number of shares repurchased, the cost of the shares repurchased, the remaining maximum dollar value of shares available for repurchase under the program, the treatment of the purchase price in excess of the current market value, number of shares held for each class of treasury stock, and other information necessary to a fair presentation.

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