HP 2010 Annual Report Download - page 101

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HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
Notes to Consolidated Financial Statements (Continued)
Note 2: Stock-Based Compensation (Continued)
The ESPP activity as of October 31 during each fiscal year was as follows:
2010 2009 2008
In millions, except
weighted-average
purchase price per share
Compensation expense, net of taxes ................................ $ — $ 24 $ 58
Shares purchased .............................................. 1.62 6.16 9.68
Weighted-average purchase price per share ........................... $ 47 $ 33 $ 36
2010 2009 2008
In thousands
Employees eligible to participate ................................... 251 260 164
Employees who participated ...................................... 18 49 50
Shares Reserved
Shares available for future grant and shares reserved for future issuance under the ESPP and
incentive compensation plans were as follows:
2010 2009 2008
Shares in thousands
Shares available for future grant at October 31:
HP plans ............................................. 124,553(1) 95,311(1) 117,655
Assumed Compaq and EDS plans ........................... 82,449(2) 73,147
124,553 177,760 190,802
Shares reserved for future issuance under all stock-related benefit plans
at October 31 .......................................... 296,973 410,977 498,574
(1) Includes 30 million and 24 million shares that expired in November 2010 and November 2009,
respectively.
(2) In November 2009, HP retired the assumed Compaq and EDS plans for purposes of granting new
awards. The shares that had been reserved for future awards under those plans were returned to
HP’s pool of authorized shares and will not be available for issuance under any other HP plans.
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