Dell 2007 Annual Report Download - page 74

Table of Contents
DELL INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Other information pertaining to stock options for Fiscal 2008, Fiscal 2007, and Fiscal 2006 is as follows:
Fiscal Years Ended
February 1, February 2, February 3,
2008 2007 2006
(in millions, except per option data)
Weighted-average grant date fair value of stock options granted per option $ 6.29 $ 6.90 $ 10.22
Total fair value of options vested(a) $ 208 $ 415 $ 2,029
Total intrinsic value of options exercised(b) $ 64 $ 171 $ 688
(a) Includes the Fiscal 2006 acceleration of vesting of certain unvested and "out-of-the-money" stock options with exercise prices equal to or greater than the
$30.75 per share previously awarded under equity compensation plans.
(b) The total intrinsic value of options exercised represents the total pre-tax intrinsic value (the difference between the stock price at exercise and the exercise
price multiplied by the number of options exercised) that was received by the option holders who exercised their options during the fiscal year.
At February 1, 2008, $93 million of total unrecognized stock-based compensation expense, net of estimated forfeitures, related to stock
options is expected to be recognized over a weighted-average period of approximately 2.0 years.
Non-vested Restricted Stock Activity — Non-vested restricted stock awards at February 1, 2008 and February 2, 2007, and activities
during Fiscal 2008 and Fiscal 2007 were as follows:
Weighted-
Number Average
of Grant Date
Shares Fair Value
(in millions) (per share)
Non-vested restricted stock — February 2, 2007 17 $ 28.76
Granted 26 22.85
Vested (3) 28.79
Forfeited (4) 24.71
Non-vested restricted stock — February 1, 2008 36 $ 24.90
Weighted-
Number Average
of Grant Date
Shares Fair Value
(in millions) (per share)
Non-vested restricted stock — February 3, 2006 2 $ 34.66
Granted 21 28.36
Vested (1) 28.84
Forfeited (5) 29.29
Non-vested restricted stock — February 2, 2007 17 $ 28.76
70