Siemens 2006 Annual Report Download - page 217

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Notes to Consolidated Financial Statements
(in millions of €, except where otherwise stated and per share amounts) 213
The total intrinsic value of options exercised during the years ended September 30, 2006
and 2005 amounts to €68 and €14, respectively. The total grant-date fair value of options
vested during the years ended September 30, 2006 and 2005 was €76 and €84, respectively.
As of September 30, 2006, unrecognized compensation cost related to fair value measured
stock options amounted to €6, which is expected to be recognized over a weighted average
period of 1 year.
The following table summarizes information on stock options outstanding and exercisable
at September 30, 2006:
Notes to Consolidated Financial Statements
Year ended September 30,
2006 2005
Weighted
Weighted average Aggregate Weighted
average Remaining Intrinsic average
exercise Contractual value in exercise
Options price Term (years) millions of € Options price
Outstanding, beginning of period 28,611,556 €71.93 28,054,326 €70.86
Granted 3,023,830 €74.59 2,945,035 €72.54
Options exercised (4,215,508) €55.71 (1,696,362) €54.31
Options forfeited (690,730) €76.57 (691,443) €74.41
Outstanding, end of period 26,729,148 €74.67 1.8 65 28,611,556 €71.93
Exercisable, end of period 20,978,443 €74.96 1.3 65 17,486,809 €71.21
Options outstanding Options exercisable
Aggregate Weighted Aggregate
Weighted Weighted Intrinsic Weighted average Intrinsic
Number of average average Value as of Number of average exercise Value as of
Options remaining exercise price September 30, Options remaining price September 30,
Exercise prices outstanding life (years) per share 2006 exercisable life (years) per share 2006
€53.70 4,317,952 1.2 €53.70 65 4,317,952 1.2 €53.70 65
€57.73 20,625 0.1 €57.73 20,625 0.1 €57.73
€72.54 2,778,300 3.2 €72.54 3.2 €72.54
€73.25 7,796,442 2.2 €73.25 7,796,442 2.2 €73.25
€74.59 2,972,405 4.2 €74.59 4.2 €74.59
€86.23 2,743,721 1.2 €86.23 2,743,721 1.2 €86.23
€87.19 6,099,703 0.2 €87.19 6,099,703 0.2 €87.19