Baker Hughes 2004 Annual Report Download - page 107
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Please find page 107 of the 2004 Baker Hughes 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.ThefollowingtablesummarizesinformationforstockoptionsoutstandingatDecember31,2004:
Outstanding Exercisable
WeightedAverage Weighted Weighted
RangeofExercise Shares RemainingContractual Average Shares Average
Prices (Inthousands) Life(InYears) ExercisePrice (Inthousands) ExercisePrice
$ 8.80 – $15.99 45 1.5 $ 11.24 43 $ 11.14
16.08 – 21.00 319 3.3 20.61 317 20.57
21.06 – 26.07 808 5.9 24.40 558 24.17
28.25 – 40.25 5,727 7.2 34.71 2,168 34.38
41.06 – 47.81 3,406 3.5 44.70 3,331 44.72
Total 10,305 5.8 $ 36.67 6,417 $ 38.02
Wealsohaveanemployeestockpurchaseplanwherebyeligibleemployeesmaypurchasesharesofourcommonstockata
priceequalto85%oftheloweroftheclosingpriceofourcommonstockonthefirstorlasttradingdayofthecalendaryear.A
totalof4.1millionsharesareremainingforissuanceundertheplan.Employeespurchased0.8millionsharesineachofthethree
yearsendingDecember31,2004.
Wehaveawardedrestrictedstocktodirectorsandcertainexecutiveofficers.Thefairvalueoftherestrictedstockonthedateof
grantisamortizedratablyoverthevestingperiod.Thefollowingtablesummarizestherestrictedstockawardedduringtheyears
endedDecember31:
2004 2003 2002
Numberofsharesofrestrictedstockawarded(inthousands) 163 10 97
Fairvalueofrestrictedstockatdateofgrant(inmillions) $ 6.9 $ 0.3 $ 2.8
2004Form10-K57