Symantec 2014 Annual Report Download - page 169

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Restricted stock activity
Number of
Shares
Weighted-
Average
Grant Date Fair
Value
Weighted-
Average
Remaining
Years
Aggregate Intrinsic
Value
(In millions, except per share and years data)
Outstanding at March 29, 2013 19 $ 16.25
Granted 11 23.90
Vested and released (6) 16.01
Forfeited (5) 17.55
Outstanding and unvested at March 28, 2014 19 $ 20.61 1.6 $ 376
Expected to vest at March 28, 2014 15 1.4 $ 304
The weighted-average grant date fair value per share of restricted stock granted during fiscal 2014, 2013,
and 2012, including assumed restricted stock was $23.90, $15.74, and $18.13, respectively. The total fair value
of restricted stock that vested and released in fiscal 2014, 2013, and 2012 was $147 million, $124 million, and
$150 million, respectively.
As of March 28, 2014, total unrecognized compensation cost adjusted for estimated forfeitures related
restricted stock was $263 million, which is expected to be recognized over the remaining weighted-average
vesting period of 2.7 years.
Performance-based restricted stock units activity
Number of Shares
Unvested at March 29, 2013 1,732,756
Granted 947,033
Incremental grants due to performance and market conditions (270,405)
Vested and released (75,133)
Issued (197,796)
Forfeited (849,630)
Unvested at March 28, 2014 1,286,825
The weighted-average grant date fair value per share of PRUs granted during fiscal 2014, 2013 and 2012
was $26.03, $16.97 and $23.58, respectively. The total fair value of PRUs that were issued in fiscal 2014 was $5
million.
As of March 28, 2014, total unrecognized compensation cost related to the PRUs was approximately $7
million, which is expected to be recognized over the remaining weighted average period of 1.6 years.
Shares reserved
We had reserved the following shares of authorized but unissued common stock:
March 28, 2014
(In millions)
Stock purchase plans 48
Stock award plans 68
Total 116
90