Best Buy 2002 Annual Report Download - page 49

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Best Buy Co., Inc. 47
Option activity for the last three fiscal years was as follows:
Weighted Average
Exercise Price
Shares per Share
Outstanding on Feb. 27, 1999 28,708,000 $ 6.31
Granted 4,561,000 34.65
Exercised (6,259,000) 5.17
Canceled (1,441,000) 12.99
Outstanding on Feb. 26, 2000 25,569,000 11.26
Granted 8,070,000 45.53
Assumed (1) 461,000 37.21
Exercised (5,720,000) 6.11
Canceled (2,012,000) 26.94
Outstanding on March 3, 2001 26,368,000 22.13
Granted 9,382,000 37.01
Exercised (6,846,000) 6.88
Canceled (1,417,000) 35.98
Outstanding on March 2, 2002 27,487,000 30.29
(1) Represents Musicland options converted into Best Buy Co., Inc. options in connection with the acquisition.
$ in millions, except per share amounts