Siemens 2007 Annual Report Download - page 303

Download and view the complete annual report

Please find page 303 of the 2007 Siemens annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 336

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • 257
  • 258
  • 259
  • 260
  • 261
  • 262
  • 263
  • 264
  • 265
  • 266
  • 267
  • 268
  • 269
  • 270
  • 271
  • 272
  • 273
  • 274
  • 275
  • 276
  • 277
  • 278
  • 279
  • 280
  • 281
  • 282
  • 283
  • 284
  • 285
  • 286
  • 287
  • 288
  • 289
  • 290
  • 291
  • 292
  • 293
  • 294
  • 295
  • 296
  • 297
  • 298
  • 299
  • 300
  • 301
  • 302
  • 303
  • 304
  • 305
  • 306
  • 307
  • 308
  • 309
  • 310
  • 311
  • 312
  • 313
  • 314
  • 315
  • 316
  • 317
  • 318
  • 319
  • 320
  • 321
  • 322
  • 323
  • 324
  • 325
  • 326
  • 327
  • 328
  • 329
  • 330
  • 331
  • 332
  • 333
  • 334
  • 335
  • 336

Notes to Consolidated Financial Statements 303
(in millions of €, except where otherwise stated and per share amounts) 
Notes to Consolidated Financial Statements
Details on option exercise activity and weighted average exercise prices for the
years ended September 30, 2007 and 2006 are as follows:
The total grant-date fair value of options vested during the years ended
September 30, 2007 and 2006 was11 and 76, respectively.
The following table summarizes information on stock options outstanding and
exercisable at September 30, 2007:
Year ended September 30, 2007 Year ended September 30, 2006
Options
Weighted
average
exercise
price
Weighted
average
Remaining
Contractual
Term (years)
Aggregate
Intrinsic
value in
millions of € Options
Weighted
average
exercise
price
Outstanding, beginning of period 26,729,148 €74.67 28,611,556 €71.93
Granted 3,023,830 €74.59
Options exercised (11,480,500) €70.03 (4,215,508) €55.71
Options forfeited/expired (6,642,376) €85.98 (690,730) €76.57
Outstanding, end of period 8,606,272 €72.13 1.8 209 26,729,148 €74.67
Exercisable, end of period 5,754,342 €70.90 1.2 147 20,978,443 €74.96
Options outstanding Options exercisable
Exercise prices
Number of
Options
outstanding
Weighted
average
remaining
life (years)
Weighted
average
exercise price
per share
Aggregate
Intrinsic
Value as of
September 30,
2007
Number of
Options
exercisable
Weighted
average
remaining
life (years)
Weighted
average
exercise price
per share
Aggregate
Intrinsic
Value as of
September 30,
2007
€53.70 858,618 0.2 €53.70 37 858,618 0.2 €53.70 37
€72.54 1,313,805 2.2 €72.54 31 1,313,805 2.2 €72.54 31
€73.25 3,256,759 1.2 €73.25 76 3,256,759 1.2 €73.25 76
€74.59 2,851,930 3.2 €74.59 62 3.2 €74.59
€86.23 325,160 0.2 €86.23 3 325,160 0.2 €86.23 3