Aetna 2011 Annual Report Download - page 104

Download and view the complete annual report

Please find page 104 of the 2011 Aetna 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 132

  • 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

Annual Report- Page 98
The stock option and SAR transactions during 2011, 2010 and 2009 were as follows:
(Millions, except exercise price and remaining life)
2009
Outstanding, beginning of year
Granted
Exercised
Expired or forfeited
Outstanding, end of year
Exercisable, end of year
2010
Outstanding, beginning of year
Granted
Exercised
Expired or forfeited
Outstanding, end of year
Exercisable, end of year
2011
Outstanding, beginning of year
Granted
Exercised
Expired or forfeited
Outstanding, end of year
Exercisable, end of year
Number of Stock
Options and SARs
41.9
5.6
(2.5)
(.9)
44.1
34.6
44.1
(5.0)
(1.3)
37.8
33.3
37.8
.1
(10.0)
(1.6)
26.3
24.7
(1)
Weighted
Average
Exercise
Price
$ 27.50
32.00
10.01
36.34
$ 28.88
$ 26.16
$ 28.88
29.20
10.65
37.32
$ 31.01
$ 30.22
$ 31.01
36.87
17.35
47.95
$ 35.18
$ 35.38
Weighted
Average Remaining
Contractual Life
4.9
4.7
3.7
4.7
4.1
3.6
4.1
4.0
3.8
Aggregate
Intrinsic
Value
$ 347.0
46.9
$ 356.6
$ 355.0
$ 356.6
102.4
$ 232.9
$ 232.1
$ 232.9
228.8
$ 246.3
$ 230.6
(1) Rounds to zero.
The following is a summary of information regarding stock options and SARs outstanding and exercisable at
December 31, 2011:
Range of Exercise Prices
$0.00-$10.00
10.00-20.00
20.00-30.00
30.00-40.00
40.00-50.00
50.00-60.00
$0.00-$60.00
Outstanding
Number
Outstanding
.5
5.6
.2
8.4
4.7
6.9
26.3
Weighted
Average
Remaining
Contractual
Life (Years)
.1
1.7
5.6
4.9
4.5
4.6
4.0
Weighted
Average
Exercise
Price
$ 8.94
16.12
24.54
32.89
43.24
50.51
$ 35.18
Aggregate
Intrinsic
Value
$ 18.3
146.5
3.6
77.9
$ 246.3
Exercisable
Number
Exercisable
.5
5.6
.2
6.8
4.7
6.9
24.7
Weighted
Average
Exercise
Price
$ 8.94
16.12
24.57
33.06
43.24
50.51
$ 35.38
Aggregate
Intrinsic
Value
$ 18.3
146.5
3.3
62.5
$ 230.6