HP 2008 Annual Report Download - page 105

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HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
Notes to Consolidated Financial Statements (Continued)
Note 2: Stock-Based Compensation (Continued)
Information about options outstanding was as follows at October 31, 2008:
Options Outstanding Options Exercisable
Weighted-
Average
Remaining Weighted- Weighted-
Contractual Average Average
Shares Life in Exercise Shares Exercise
Range of Exercise Prices Outstanding Years Price Exercisable Price
Shares in thousands
$0-$9.99 ............................ 390 4.7 $ 6 286 $ 6
$10-$19.99 .......................... 31,622 2.8 $16 31,406 $16
$20-$29.99 .......................... 104,638 3.6 $23 92,235 $23
$30-$39.99 .......................... 74,165 3.7 $33 54,056 $34
$40-$49.99 .......................... 64,633 3.8 $45 42,538 $45
$50-$59.99 .......................... 17,570 1.9 $57 16,848 $57
$60 and over ........................ 14,710 1.0 $73 14,680 $73
307,728 3.4 $34 252,049 $34
As of October 31, 2008, $425 million of total unrecognized compensation cost related to stock
options is expected to be recognized over a weighted-average of 1.6 years. As of October 31, 2007,
$771 million of total unrecognized compensation cost related to stock options was expected to be
recognized over a weighted-average period of 2.1 years.
Restricted Stock Awards
Nonvested restricted stock awards as of October 31, 2008 and 2007 were as follows:
Weighted-
Average Grant
Shares Date Fair Value
In thousands
Nonvested at October 31, 2006 ................................ 6,365 $24
Granted ................................................. 1,620 $44
Vested .................................................. (1,284) $25
Forfeited ................................................ (1,003) $24
Nonvested at October 31, 2007 ................................ 5,698 $29
Granted and assumed through acquisitions ........................ 12,712 $45
Vested .................................................. (4,010) $32
Forfeited ................................................ (1,470) $28
Nonvested at October 31, 2008 ................................ 12,930 $44
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