Blizzard 2009 Annual Report Download - page 92

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80
StockOptionsPlans
RestrictedSharePlans
Numberof
Stock
Options
Outstanding
Weighted
Average
Strike
Priceof
Stock
Options
Outstanding
Weighted
Average
Strike
Priceof
Stock
Options
Outstanding
Weighted
Average
Remaining
Contractual
Life
Numberof
Restricted
Shares
Outstanding
Weighted
Average
Remaining
Period
before
Issuing
Shares
(ineuros)
(in
U.S.dollars)
(inyears)
(inyears)
BalanceasofDecember31,2008.........
798,617
€27.2
$39.2
14,154
Forfeited.............................................
(86,496)
46.9
67.4
—
Vested.................................................
—
—
—
(14,154)
Cancelled............................................
(1,920)
30.8
44.3
—
BalanceasofDecember31,2009.........
710,201
€24.8
$35.7
5.5
—
—
ExercisableasofDecember31,
2009....................................................
542,441
€23.0
$33.0
—
Vestedandexpectedtovestasof
December31,2009............................
542,441
€23.0
$33.0
—
AtDecember31,2009,basedonendofperiodexchangerates,thereisunamortizedcompensation
expenseoflessthanamillionwhichwillbeexpensedoverthenextyear.
CashsettledInstruments
CashsettledinstrumentsaredenominatedinU.S.dollars.Thefollowingisasummaryofcash
settledawards(includingADSawards,whichwereconvertedintocashsettledawardsduring2006):
SARs(includingExADSconvertedintoSAR—May2006)
RSUs
Numberof
SARs
(exADS)
Outstanding
Weighted
Average
Strike
Priceof
SARs
(exADS)
Outstanding
Total
Intrinsic
Value
Weighted
Average
Remaining
Contractual
Life
Numberof
Restricted
StocksUnits
Outstanding
Weighted
Average
Remaining
Period
before
Vesting
(inmillions
of
U.S.dollars)
(inyears)
(inyears)
BalanceasofDecember31,2008....................
2,311,396
$35.2
95,835
Exercised(a)...................................................
(12,666)
23.7
(1,770)
Forfeited........................................................
(358,828)
46.9
—
Cancelled.......................................................
—
—
(8,985)
BalanceasofDecember31,2009....................
1,939,902
$33.1
$3.4
5.5
85,080
—
ExercisableasofDecember31,
2009...............................................................
1,585,542
$31.3
$3.4
—
Vestedandexpectedtovestasof
December31,2009................................
1,585,542
$31.3
$3.4
85,080
(a) TheweightedaveragesharepriceforSARsexercisedduringtheyearendedDecember31,2009
was$30.15.Cashpaidin2009,2008,and2007tosettleawardsexercisedwaslessthanamillion,
$2million,and$9million,respectively.
AsofDecember31,2009,therewasunamortizedcompensationexpenseoflessthanamillion,
whichwillbeexpensedoverthenextyear.