Symantec 2004 Annual Report Download - page 69

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SYMANTEC CORPORATION «67»
These options will expire if not exercised by specific dates through
March 2014. Prices for options exercised during the three years
ended March 31, 2004 ranged from $1.41 to $33.63.
Shares Authorizations and Reserves In August 2003, our
stockholders approved an increase to our authorized common
shares from 300 million to 900 million.
2004 Annual Report
STOCK OPTION ACTIVITY
Stock option activity was as follows:
Weighted
Average
Exercise
Number Price Per
(In thousands, except weighted average exercise price per share) of Shares Share
Outstanding as of March 31, 2001: 63,456 $ 9.22
Granted 16,900 $ 15.13
Exercised (16,508) $ 7.28
Canceled (6,280) $ 10.34
Outstanding as of March 31, 2002: 57,568 $ 11.39
Granted 7,096 $ 18.06
Exercised (12,780) $ 9.46
Canceled (4,646) $13.42
Outstanding as of March 31, 2003: 47,238 $ 12.71
Granted 9,498 $ 28.97
Exercised (14,354) $11.65
Canceled (2,611) $16.52
Outstanding as of March 31, 2004: 39,771 $16.72
Options exercisable at:
March 31, 2004 17,824 $11.90
March 31, 2003 18,574 $ 11.08
March 31, 2002 16,868 $ 9.50
The following table summarizes information about options outstanding as of March 31, 2004:
Outstanding Options Exercisable Options
Weighted
average Weighted Weighted
Number of contractual average Number of average
share (in life exercise shares (in exercise
Range of Exercise Prices thousands) (in years) price thousands) price
$ 2.38 – $ 8.64 9,563 5.95 $ 7.21 7,093 $ 6.76
$ 8.67 – $16.09 8,679 6.81 $13.12 5,420 $13.11
$16.16 – $17.22 9,178 7.51 $16.58 3,991 $16.70
$17.22 – $29.24 9,439 8.87 $24.03 1,272 $19.54
$29.63 – $47.26 2,912 9.67 $35.51 48 $32.98
39,771 7.46 $16.72 17,824 $11.90