NVIDIA 2013 Annual Report Download - page 87

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Overhang
The following table provides certain additional information regarding our equity incentive program.
As of March 25, 2014 (Record Date)
Total Shares Subject to Outstanding Stock Options . . . . . . . . . . . . . . . . . . . . . . . 27,837,429
Total Shares Subject to Outstanding Full Value Awards . . . . . . . . . . . . . . . . . . . . 18,478,677
Weighted-Average Exercise Price of Outstanding Stock Options. . . . . . . . . . . . . $14.24
Weighted-Average Remaining Term of Outstanding Stock Options. . . . . . . . . . . 5.99
Total Shares Available for Grant under the Amended 2007 Plan . . . . . . . . . . . . . 22,238,421
Total Shares Available for Grant under Other Equity Plans . . . . . . . . . . . . . . . . . —
Total Common Stock Outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 557,305,798
Closing Price of Common Stock as Reported on NASDAQ Global Select Market $18.45
Burn Rate
The following table provides detailed information regarding the activity related to our equity incentive plans and
outstanding common stock for the fiscal year ended January 26, 2014.
Fiscal Year 2014
Stock Options Granted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,148,672
Full Value Awards Granted. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,756,726
Stock Options Cancelled . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,581,556
Full Value Awards Cancelled . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,157,156
Weighted-Average Common Stock Outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 587,893,000
Common Stock Repurchased under Stock Repurchase Program. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61,903,881
Common Stock Outstanding at January 26, 2014 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 567,996,734
Forecasted Utilization Rates
In evaluating whether to approve the Amended and Restated 2007 Plan, our Compensation Committee reviewed certain
management forecasts of equity awards for issuance under the Amended and Restated 2007 Plan. Management presented
the actuals and forecasts below for the periods indicated.
Amended 2007 Plan / Amended and Restated 2007 Plan
Fiscal Year 2014
Actual
Fiscal Year 2015
Forecast
Options / Awards Outstanding - Ending Balance. . . . . . . . . . . . . . . . . . . . . . . . 51,356,199 57,900,000
Stockholder Approval - May 2014 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 10,000,000
Shares Available for Award - Beginning Balance. . . . . . . . . . . . . . . . . . . . . . . . 36,899,876 24,700,000
Allocations
Options. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (6,148,672)(100,000)
RSUs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (10,456,726)(11,300,000)
PSUs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (300,000)(1) (2,700,000)
Total Allocations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (16,905,398)(14,100,000)
Adjustments
Cancellations - Add . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,738,712 2,500,000 (2)
Total Adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (12,166,686)(11,600,000)
Shares Available for Award - Ending Balance. . . . . . . . . . . . . . . . . . . . . . . . . . 24,733,190 23,100,000