Dell 2009 Annual Report Download - page 95

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Table of Contents
DELL INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Other information pertaining to stock options for the Stock Plans is as follows:
Fiscal Year Ended
January 29, January 30, February 1,
2010 2009 2008
(in millions, except per option data)
Weighted-average grant date fair value of stock options granted per option $ 3.71 $ 5.87 $ 6.29
Total fair value of options vested(a) $ - $ 187 $ 208
Total intrinsic value of options exercised(b) $ - $ 15 $ 64
(a) Includes the $104 million charge for the Fiscal 2009 acceleration of vesting of certain unvested and "out-of-the-money" stock options with exercise prices equal to
or greater than $10.14 per share previously awarded under equity compensation plans.
(b) The total intrinsic value of options exercised represents the total pre-tax intrinsic value (the difference between the stock price at exercise and the exercise price
multiplied by the number of options exercised) that was received by the option holders who exercised their options during the fiscal year.
At January 29, 2010, January 30, 2009, and February 1, 2008, there was $28 million, $1 million, and $93 million of total unrecognized
stock-based compensation expense related to stock options expected to be recognized over a weighted-average period of 2.2 years
2.3 years, and 2.0 years, respectively.
Non-vested Restricted Stock Activity — Non-vested restricted stock awards and activities were as follows:
Fiscal 2010 Fiscal 2009 Fiscal 2008
Weighted- Weighted- Weighted-
Number Average Number Average Number Average
of Grant Date of Grant Date of Grant Date
Shares Fair Value Shares Fair Value Shares Fair Value
(in millions) (per share) (in millions) (per share) (in millions) (per share)
Non-vested restricted stock:
Beginning balance 36 $ 22.45 36 $ 24.90 17 $ 28.76
Granted 22 11.39 18 19.11 26 22.85
Vested(a) (13) 22.78 (10) 24.64 (3) 28.79
Forfeited (5) 18.23 (8) 23.15 (4) 24.71
Non-vested restricted stock ending balance 40 $ 16.84 36 $ 22.45 36 $ 24.90
(a) Upon vesting, restricted stock units are generally sold to cover the required withholding taxes. However, select participants may choose the net shares settlement
method to cover withholding tax requirements. Total shares withheld were approximately 157,000, 48,000, and 71,000 for Fiscal 2010, 2009, and 2008,
respectively. Total payments for the employee's tax obligations to the taxing authorities were $2 million, $1 million, and $2 million in Fiscal 2010, 2009, and 2008,
respectively, and are reflected as a financing activity within the Consolidated Statements of Cash Flows.
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