HP 2009 Annual Report Download - page 107

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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 at October 31, 2009 was as follows:
Options Outstanding Options Exercisable
Weighted- Weighted- Weighted-
Average Average Average
Remaining Exercise Exercise
Shares Contractual Price Shares Price
Range of Exercise Prices Outstanding Life Per Share Exercisable Per Share
In thousands In years In thousands
$0-$9.99 .......................... 415 6.9 $ 6 172 $ 5
$10-$19.99 ........................ 24,129 1.8 $16 24,117 $16
$20-$29.99 ........................ 77,523 2.7 $23 76,685 $23
$30-$39.99 ........................ 53,094 3.3 $33 42,853 $33
$40-$49.99 ........................ 56,997 2.8 $45 43,307 $45
$50-$59.99 ........................ 15,953 0.9 $57 15,520 $57
$60 and over ....................... 5,103 1.2 $69 5,103 $69
233,214 2.6 $33 207,757 $32
At October 31, 2009, there was $188 million of unrecognized pre-tax stock-based compensation
expense related to stock options, which HP expects to recognize over the remaining weighted-average
vesting period of 1.1 years. As of October 31, 2008, there was $425 million of unrecognized pre-tax
stock-based compensation expense related to stock options, which HP expected to recognize over a
weighted-average of 1.6 years.
Restricted Stock Awards
Non-vested restricted stock awards as of October 31, 2009 and 2008 and changes during fiscal 2009
and 2008 were as follows:
2009 2008
Weighted- Weighted-
Average Grant Average Grant
Date Fair Value Date Fair Value
Shares Per Share Shares Per Share
In thousands In thousands
Outstanding at beginning of year .......... 12,930 $44 5,698 $29
Granted and assumed through acquisitions . . . 836 $36 12,712 $45
Vested ............................. (5,631) $44 (4,010) $32
Forfeited ........................... (1,271) $43 (1,470) $28
Outstanding at end of year .............. 6,864 $44 12,930 $44
100