Rollins, Inc. Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 30, 2014

The following table summarizes the components of the Companys stock-based compensation programs recorded as expense:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(in thousands)	2014			2013			2014			2013
Time lapse restricted stock:
Pre-tax compensation expense	$	2,587		$	2,717		$	7,954		$	7,809
Tax benefit		(996	)		(1,046	)		(3,062	)		(3,006	)
Restricted stock expense, net of tax	$	1,591		$	1,671		$	4,892		$	4,803

The following table summarizes information on unvested restricted stock outstanding as of September 30, 2014:

	Number of Shares			Weighted-Average Grant-Date Fair Value
Unvested Restricted Stock Units at December 31, 2013		2,454		$	18.75
Forfeited		(115	)		21.43
Vested		(677	)		15.45
Granted		411			28.74
Unvested Restricted Stock Units at September 30, 2014		2,072		$	21.67