Best Buy 2001 Annual Report Download - page 48

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49
$ in thousands, except per share amounts
O ption activity for the last three fiscal years was as follows:
Weighted Average
Ex ercise Price
Shares per Share
O utstanding Feb. 28, 1998 16,744,000 $ 3.66
Granted 9,4 23,000 17.2 7
Exercised (4,909,000) 4.56
Canceled (2,119,000) 9.74
O utstanding Feb. 27, 1999 19,139,000 9.4 6
Granted 3,0 40,000 51.9 7
Exercised (4,172,000) 7.75
Canceled (961,000) 19.48
O utstanding Feb. 26, 2000 17,046,000 16.89
Granted 5,3 80,000 68.3 0
Assumed(1) 307 ,000 55.81
Exercised (3,813,000) 9.16
Canceled (1,341,000) 40.41
O utstanding M arch 3, 20 01 17,579,000 33.19
(1) Represents M usicland options converted into Company options in connection with the acquisition.
Best Buy Co., Inc.
N otes