Facebook 2014 Annual Report Download - page 81

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In February 2014, we terminated our 2005 Officers' Stock Plan as the only outstanding option issued under this plan had been exercised in full.
The following table summarizes stock option award activities under the Stock Plans for the year ended December 31, 2014 :
There were no options granted, forfeited, or canceled for the years ended December 31, 2014
. The aggregate intrinsic value of the options
exercised in the years ended December 31, 2014 , 2013 , and 2012 was $624 million , $4.58 billion , and $4.23 billion
, respectively. The total grant date
fair value of stock options vested during the years ended December 31, 2014 , 2013 , and 2012 was $7 million , $7 million , and $5 million
,
respectively.
The following table summarizes additional information regarding outstanding and exercisable options under the Stock Plans at
December 31,
2014 :
77
Shares Subject to Options Outstanding
Number of
Shares
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term
Aggregate
Intrinsic
Value
(
1)
(in thousands)
(in years)
(in millions)
Balance as of December 31, 2013
22,102
$
3.56
Stock options exercised
(9,118
)
1.82
Balance as of December 31, 2014
12,984
$
4.78
3.79
$
951
Stock options vested and expected to vest as of December 31, 2014
12,980
$
4.78
3.79
$
951
Stock options exercisable as of December 31, 2014
9,850
$
2.49
3.20
$
744
(1)
The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying stock option awards and the closing price of our Class A common stock of
$78.02 on December 31, 2014 .
Options Outstanding
Options Exercisable
Exercise
Price (Range)
Number of
Shares
Weighted
Average
Remaining
Contractual
Term
Weighted
Average
Exercise
Price
Number of
Shares
Weighted
Average
Exercise
Price
(in thousands)
(in years)
(in thousands)
$0.06
191
0.99
$
0.06
191
$
0.06
0.10 - 0.18
1,784
1.44
0.10
1,784
0.10
0.29 - 0.33
3,509
2.29
0.30
3,509
0.30
1.85
1,605
4.03
1.85
1,605
1.85
2.95
1,195
4.63
2.95
1,195
2.95
10.39
3,500
5.56
10.39
1,458
10.39
15.00
1,200
5.80
15.00
108
15.00
12,984
3.79
$
4.78
9,850
$
2.49