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Table of Contents
INTEL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Additional information with respect to stock option activity is as follows:
The following table summarizes information about options outstanding as of December 26, 2009:
These options will expire if they are not exercised by specific dates through January 2019. Option exercise prices for options
exercised during the three-year period ended December 26, 2009 ranged from $0.05 to $27.27.
96
Weighted
Average
Aggregate
Number of
Exercise
Intrinsic
(In Millions, Except Per Share Amounts)
Shares
Price
Value
1
December 30, 2006
839.5
$
26.98
Grants
24.6
$
22.63
Exercises
(132.8
)
$
19.78
$
552
Cancellations and forfeitures
(65.4
)
$
31.97
December 29, 2007
665.9
$
27.76
Grants
24.9
$
20.81
Exercises
(33.6
)
$
19.42
$
101
Cancellations and forfeitures
(42.8
)
$
31.14
Expirations
(2.4
)
$
22.84
December 27, 2008
612.0
$
27.70
Grants
2
118.5
$
18.01
Assumed in acquisition
9.0
$
15.42
Exercises
(3.6
)
$
15.90
$
Cancellations and forfeitures
(29.6
)
$
28.16
Exchanged
(217.4
)
$
26.75
Expirations
(37.6
)
$
31.92
December 26, 2009
451.3
$
25.08
Options exercisable at:
December 29, 2007
528.2
$
29.04
December 27, 2008
517.0
$
28.78
December 26, 2009
297.7
$
28.44
1
Amounts represent the difference between the exercise price and the value of Intel common stock at the time of exercise.
2
Includes new stock options granted in connection with the Option Exchange.
Outstanding Options
Exercisable Options
Weighted
Average
Remaining
Weighted
Weighted
Number of
Contractual
Average
Number of
Average
Shares
Life
Exercise
Shares
Exercise
Range of Exercise Prices
(In Millions)
(In Years)
Price
(In Millions)
Price
$0.30
–
$
15.00
6.6
5.0
$
12.83
4.5
$
12.83
$15.01
–
$
20.00
199.2
5.3
$
18.20
70.3
$
18.47
$20.01
–
$
25.00
164.6
2.8
$
21.93
143.0
$
21.99
$25.01
–
$
30.00
25.0
2.9
$
27.22
24.5
$
27.23
$30.01
–
$
72.88
55.9
0.5
$
59.32
55.4
$
59.57
Total
451.3
3.7
$
25.08
297.7
$
28.44