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Stock-Based Compensation Arrangements (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2012

Dec. 31, 2011

STOCK BASED COMPENSATION

Schedule of stock based compensation expense

		For the three months ended September 30,				For the nine months ended September 30,
		2011		2012		2011		2012
		($000s)
Research and development		39		16		130		49
General and administrative		171		59		515		202
Income (loss) from discontinued operations, net of tax		11		1		32		36
Stock-based compensation costs before income taxes		221		76		677		287

		Year ended December 31, 2009		Year ended December 31, 2010		Year ended December 31, 2011
		$000		$000		$000
Research and development		271		351		171
Selling, general and administrative		484		1,344		669
Discontinued operations		55		51		42
Stock-based compensation costs before income taxes		810		1,746		882

Schedule of stock option activity

		Options		Weighted Average Exercise  Price			Weighted Average Remaining Contractual Term (years)		Aggregate Intrinsic Value
									($000s)
Options outstanding at December 31, 2011		502,253		$	26.11		6.44		140
Granted		33,571		$	3.29
Exercised		(15,438	)	$	3.06
Expired		—		—
Cancelled / forfeited		(39,970	)	$	20.03
Options outstanding at September 30, 2012		480,416		$	25.76		5.84		212
Unvested at September 30, 2012		77,607		$	9.00		8.67		36
Vested and exercisable at September 30, 2012		402,809		$	28.99		5.30		176

Cyclacel Pharmaceuticals, Inc.		Number of options outstanding		Weighted average exercise price			Weighted average remaining contractual term (years)		Aggregate intrinsic value
Options outstanding at December 31, 2009		478,554		$	29.47		7.76		$	698
Granted		86,758		$	12.74
Exercised		(24,901	)	$	3.01
Cancelled/forfeited		(41,849	)	$	31.78
Options outstanding at December 31, 2010		498,562		$	27.72		7.22		$	938
Granted		28,500		$	10.64
Exercised		(948	)	$	2.87
Cancelled/forfeited		(23,865	)	$	40.53
Options outstanding at December 31, 2011		502,249		$	26.11		6.44		$	140
Unvested at December 31, 2011		90,237		$	12.11		8.75		$	3
Vested and exercisable at December 31, 2011		412,012		$	29.19		5.93		$	136

Schedule of information about options outstanding

The following table summarizes information about options outstanding at December 31, 2011:

Exercise price ($)		Number outstanding		Weighted Average remaining contractual life		Number exercisable
2.03 — 13.86		217,130		7.77		144,770
15.05 — 34.65		53,983		7.15		36,713
36.82 — 40.67		72,602		5.82		71,996
44.10 — 48.65		127,320		4.57		127,319
54.60 — 105.00		31,214		4.93		31,214
		502,249				412,012

Schedule of assumptions for stock option grants to employees and directors

		For the nine months ended September 30,
		2011		2012
Expected term		5 — 6 yrs.		6 yrs.
Risk free interest rate		1.47 — 2.29%		0.95%
Expected volatility		93 — 99%		98%
Expected dividend yield over expected term		—		—
Resulting weighted average grant fair value		$8.05		$2.52

		Year ended December 31, 2009		Year ended December 31, 2010		Year ended December 31, 2011
Expected term (years)		0.75 — 5 Yrs		5 — 6 Yrs		5 — 6 Yrs
Risk free interest rate		0.325 — .84%		1.64 — 2.96%		1.47 — 2.29%
Volatility		65 — 169%		90 — 102%		93 — 99%
Dividends		0.00%		0.00%		0.00%
Resulting weighted average grant date fair value		$2.73		$9.80		$8.05

Schedule of restricted stock activity

		Restricted Stock		Weighted Average Grant Date Value Per Share
Non-vested at December 31, 2011		1,632		$	3.08
Vested		(1,341	)	$	3.08
Non-vested at September 30, 2012		291		$	3.08

		Restricted Stock		Weighted Average Grant Date Value Per Share
Non-vested at December 31, 2009		5,204		$	3.08
Vested		(1,786	)	$	3.08
Non-vested at December 31, 2010		3,418		$	3.08
Vested		(1,786	)	$	3.08
Non-vested at December 31, 2011		1,632		$	3.08

Schedule of restricted stock units activity

		Restricted Stock Units		Weighted Average Grant Date Value Per Share
Non-vested at December 31, 2011		36,463		$	5.60
Granted		12,281		$	3.85
Forfeited		(6,904	)	$	4.99
Vested		(2,010	)	$	3.08
Non-vested at September 30, 2012		39,830		$	5.32

		Restricted Stock Units		Weighted Average Grant Date Value Per Share
Non-vested at December 31, 2009		7,812		$	3.08
Vested		(2,670	)	$	3.08
Non-vested at December 31, 2010		5,142		$	3.08
Granted		34,000		$	5.81
Vested		(2,679	)	$	3.08
Non-vested at December 31, 2011		36,463		$	5.60

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