Table:
| Type of Payment | Termination by Systemax without “Cause” or Resignation by Employee for “good reason” ($) | Termination Due to Death or Total Disability ($) | Change In Control Only ($) | Termination by Systemax without “Cause” or Resignation by Employee for “good reason” within a certain period of time following a Change in Control ($) |
| --- | --- | --- | --- | --- |
| Cash Compensation (Salary & Non-Equity Incentive Compensation) | - | - | - | - |
| Value of Accelerated Vesting of Stock Option Awards | - | - | - | 314,100 (1) |
| Value of Accelerated Vesting of Restricted Stock Unit Awards | - | - | - | - |
| Value of Accelerated Vesting of Performance Restricted Stock Unit Awards | - | 209,800 (2) | - | 209,800 (2) |
| Medical and Other Benefits | - | - | - | - |
| Total | - | 209,800 | - | 523,900 |
Paragraphs:
Thomas Clark
(1) Represents accelerated vesting of 33,711 stock options. Pursuant to Mr. Clark’s stock option agreements (dated January 17, 2019), if Mr. Clark’s employment is terminated without cause or for good reason within six months following a “change in control”, he will become immediately vested in all outstanding unvested stock options, and all of Mr. Clark’s outstanding options shall remain exercisable in accordance with their terms, but in no event for less than 90 days after such termination. (1) Represents accelerated vesting of 33,711 stock options. Pursuant to Mr. Clark’s stock option agreements (dated January 17, 2019), if Mr. Clark’s employment is terminated without cause or for good reason within six months following a “change in control”, he will become immediately vested in all outstanding unvested stock options, and all of Mr. Clark’s outstanding options shall remain exercisable in accordance with their terms, but in no event for less than 90 days after such termination. (1) Represents accelerated vesting of 33,711 stock options. Pursuant to Mr. Clark’s stock option agreements (dated January 17, 2019), if Mr. Clark’s employment is terminated without cause or for good reason within six months following a “change in control”, he will become immediately vested in all outstanding unvested stock options, and all of Mr. Clark’s outstanding options shall remain exercisable in accordance with their terms, but in no event for less than 90 days after such termination.
(2) Represents accelerated vesting of 8,340 unvested performance restricted stock units. Pursuant to Mr. Clark’s performance restricted stock unit agreement (dated January 17, 2019), if Mr. Clark’s employment is terminated without cause or for good reason within six months following a “change in control” or if Mr. Clark's employment is terminated due to death or total disability, all non-vested units shall accelerate and be vested as of the date of termination.
Question:
What is the value of accelerated vesting of stock option awards as a percentage of the total payments made as a result of termination by Systemax without cause within a certain period of time following a Change in Control?
Answer: 314100/523900  = 59.95