Electronic Arts 1999 Annual Report Download - page 38

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Additional information regarding options outstanding as of March 31, 1999 is as follows:
Options Outstanding Options Exercisable
Weighted- Weighted- Weighted-
Average Average Average
Number Remaining Exercise Number Exercise
Range of Exercise Prices of Shares Contractual Life Price of Shares Price
$ 0.720 – $13.500 1,226,919 3.32 $ 8.41 1,226,919 $ 8.41
$ 13.625 – $23.500 1,987,338 5.91 20.46 1,434,963 19.36
$ 23.750 – $27.500 1,133,743 7.59 25.00 555,025 25.18
$ 27.625 – $29.875 1,150,460 7.15 29.73 688,097 29.72
$ 30.000 – $34.875 1,169,984 7.53 33.30 580,610 32.96
$ 35.000 – $36.750 1,198,743 8.48 35.44 210,790 35.46
$ 37.000 – $43.125 1,363,386 9.18 40.54 169,835 40.03
$ 43.625 – $45.063 1,228,737 9.47 43.82 160,660 43.71
$ 45.500 – $54.250 979,949 9.33 47.53 67,176 47.18
$ 0.720 – $54.250 11,439,259 7.42 $ 30.65 5,094,075 $ 22.79
The following summarizes the activity under the Company’s stock option plans during the fiscal years ended March 31,
1999, 1998 and 1997:
Options Outstanding
Weighted-Average
Shares Exercise Price
Balance at March 31, 1996 7,922,159 $ 17.46
Granted 2,501,965 31.64
Canceled (779,514) 23.57
Exercised (1,321,042) 12.19
Balance at March 31, 1997 (3,748,864 shares were
exercisable at a weighted average price of $15.20) 8,323,568 21.97
Granted 3,833,539 32.92
Canceled (616,275) 37.96
Exercised (1,688,702) 18.92
Balance at March 31, 1998 (3,961,559 shares were
exercisable at a weighted average price of $18.83) 9,852,130 25.76
Granted 3,147,216 44.18
Canceled (568,983) 34.74
Exercised (991,104) 22.73
Balance at March 31, 1999 11,439,259 $ 30.65
Options available for grant at March 31, 1999 787,427