Intel 1997 Annual Report Download - page 56

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Notes to consolidated
financial statements
information with respect to stock option plan activity was as follows:
The range of exercise prices for options outstanding at December 27, 1997 was $2.52 to $97.94. The range of exercise prices for options is
wide due primarily to the increasing price of the Company's stock over the period when the grants were made.
The following tables summarize information about options outstanding at December 27, 1997:
These options will expire if not exercised at specific dates ranging from January 1998 to December 2007. Prices for options exercised during
the three
-
year period ended December 27, 1997 ranged from $1.52 to $61.31.
Outstanding options
-------------------
Weighted
Shares average
available Number exercise
(In millions) for options of shares price
--------------------------------------------------------------------------------
December 31, 1994 108.9 170.3 $ 7.64
Grants (27.9) 27.9 $ 24.11
Exercises -- (21.3) $ 4.07
Cancellations 5.9 (5.9) $ 12.83
-------- --------
December 30, 1995 86.9 171.0 $ 10.60
Grants (26.7) 26.7 $ 34.56
Exercises -- (23.7) $ 4.93
Cancellations 5.1 (5.1) $ 17.05
-------- --------
December 28, 1996 65.3 168.9 $ 14.98
Additional shares reserved 130.0 -- --
Grants (31.5) 31.5 $ 72.46
Exercises -- (23.6) $ 6.11
Cancellations 4.4 (4.4) $ 32.76
-------- --------
December 27, 1997 168.2 172.4 $ 26.24
======== ========
Options exercisable at:
December 30, 1995 58.2 $ 4.55
December 28, 1996 57.3 $ 5.72
December 27, 1997 57.6 $ 7.33
Outstanding options
------------------------------------------------
Weighted
average Weighted
Number of contract- average
shares (in ual life exercise
Range of exercise prices millions) (in years) price
--------------------------------------------------------------------------------
$2.52-$9.78 49.2 2.9 $ 5.34
$11.09-$20.56 45.1 5.8 $ 14.04
$22.20-$48.47 46.5 7.9 $ 28.95
$52.09-$97.94 31.6 9.4 $ 72.12
--------
Total 172.4 6.2 $ 26.24
========
Exercisable options
-------------------------------
Weighted
Number of average
shares (in exercise
Range of exercise prices millions) price
--------------------------------------------------------------------------------
$2.52-$9.78 49.1 $ 5.34
$11.09-$20.56 6.2 $ 13.90
$22.20-$48.47 2.1 $ 29.86
$52.09-$97.94 .2 $ 60.09
--------
Total 57.6 $ 7.33
========