Employee and Non-Employee Director Stock and Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2012

Employee and Non-Employee Director Stock and Benefit Plans

Schedule of changes in stock options

Options Outstanding	Number of Shares			Weighted Average Exercise Price
Outstanding at December 31, 2009		703,467		$	36.28
Granted *		305,677			5.59
Exercised		(125,268	)		2.69
Forfeited		(316,913	)		27.08
Outstanding at December 31, 2010		566,963			32.30
Granted		252,464			17.16
Exercised		(111,792	)		1.91
Forfeited		(180,665	)		44.62
Outstanding at December 31, 2011		526,970			27.27
Granted		—			—
Exercised		—			—
Forfeited		(15,995	)		43.15
Outstanding at December 31, 2012		510,975		$	26.77
Amount exercisable at December 31,
2012		319,793		$	32.53
2011		221,344			41.18
2010		347,798			30.35

*

In conjunction with the acquisition of Majestic, the Company assumed certain outstanding incentive stock options to purchase shares of common stock of Majestic under the Majestic Research Corp. 2005 Stock Option Plan. Such stock options became exercisable to purchase 237,060 shares of ITG Common Stock at a weighted average exercise price of $2.32 based on appropriate adjustments to reflect the terms of the acquisition.

Schedule of stock options outstanding and exercisable by exercise price

	Options Outstanding						Options Exercisable
Range of Exercise Prices	Number Outstanding		Weighted Average Remaining Contractual Life (Years)		Weighted Average Exercise Price		Number Exercisable		Weighted Average Exercise Price
$12.17 - 18.71		321,081		4.89	$	17.10		129,899	$	17.06
18.72 - 37.51		33,569		1.14		25.97		33,569		25.97
37.52 - 47.59		156,325		0.04		46.81		156,325		46.81
		510,975		3.16	$	26.77		319,793	$	32.53

Schedule of information about stock options

($ in thousands, except per share amounts)	2012		2011		2010
Total intrinsic value of stock options exercised		—	$	1,978	$	1,577
Weighted average grant date fair value of stock options granted during period, per share *		—		6.44		6.06
Cash received from stock option exercises		—		0.2		0.3

*

Excludes incentive stock options assumed in the acquisition of Majestic during 2010.

Schedule of status of restricted share awards

	Number of Shares underlying Performance- Based or Market- Based Restricted Stock Units			Number of Shares underlying Time- Based Restricted Stock Units			Total Number of Shares			Weighted Average Grant Date Fair Value
Outstanding at December 31, 2009		56,067			1,168,390			1,224,457		$	27.03
Granted		1,009,786			1,183,453			2,193,239			16.26
Vested		(28,249	)		(289,240	)		(317,489	)		25.91
Forfeited		(54,723	)		(110,161	)		(164,884	)		21.02
Outstanding at December 31, 2010		982,881			1,952,442			2,935,323			19.44
Granted		128,208			1,214,964			1,343,172			16.65
Vested		(66,271	)		(776,782	)		(843,053	)		23.29
Forfeited		(252,760	)		(127,378	)		(380,138	)		16.71
Outstanding at December 31, 2011		792,058			2,263,246			3,055,304			17.49
Granted		216,740			1,176,006			1,392,746			10.63
Vested		(86,769	)		(963,991	)		(1,050,760	)		17.99
Forfeited		(244,198	)		(91,757	)		(335,955	)		26.10
Outstanding at December 31, 2012		677,831			2,383,504			3,061,335		$	13.25

Schedule of status of phantom share awards

	Number of Shares			Weighted Average Grant Date Fair Value
Outstanding at December 31, 2009		91,013		$	23.45
Granted		212,047			16.96
Vested		(25,285	)		23.45
Forfeited		(18,405	)		18.25
Outstanding at December 31, 2010		259,370			18.51
Granted		205,760			18.67
Vested		(67,383	)		19.21
Forfeited		—			—
Outstanding at December 31, 2011		397,747			18.47
Granted		447,353			11.33
Vested		(135,049	)		19.46
Forfeited		(14,341	)		17.21
Outstanding at December 31, 2012		695,710		$	13.72

Schedule of activity under the SUA Subplan

	Number of Shares			Weighted Average Grant Date Fair Value
Outstanding at December 31, 2009		677,379		$	29.32
Granted		—			—
Vested		(311,106	)		28.67
Forfeited		(2,106	)		32.54
Outstanding at December 31, 2010		364,167			29.82
Granted		—			—
Vested		(288,917	)		28.98
Forfeited		(3,670	)		15.40
Outstanding at December 31, 2011		71,580			33.95
Granted		—			—
Vested		(71,580	)		33.95
Forfeited		—			—
Outstanding at December 31, 2012		—		$	—