HP 2007 Annual Report Download - page 107

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HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
Notes to Consolidated Financial Statements (Continued)
Note 2: Stock-Based Compensation (Continued)
Information about options outstanding was as follows at October 31, 2007:
Options Outstanding Options Exercisable
Range of Exercise Prices
Shares
Outstanding
Weighted-
Average
Remaining
Contractual
Life in Years
Weighted-
Average
Exercise Price
Shares
Exercisable
Weighted-
Average
Exercise Price
Shares in thousands
$0-$9.99........................................................... 678 6.0 $5 357 $6
$10-$19.99..................................................... 40,902 3.8 $16 40,145 $16
$20-$29.99..................................................... 134,093 4.5 $23 95,882 $23
$30-$39.99..................................................... 85,074 4.6 $33 51,330 $34
$40-$49.99..................................................... 71,619 4.3 $45 43,405 $46
$50-$59.99..................................................... 21,759 2.7 $57 21,033 $57
$60 and over .................................................. 13,214 1.7 $71 13,214 $71
367,339 4.2 $34 265,366 $33
As of October 31, 2007, $771 million of total unrecognized compensation cost related to stock options is expected to be
recognized over a weighted-average of 2.11 years. As of October 31, 2006, $677 million of total unrecognized compensation
cost related to stock options was expected to be recognized over a weighted-average period of 2.30 years.
Cash received from option exercises and purchases under the ESPP in fiscal 2007 was $3.1 billion. The actual tax benefit
realized for the tax deduction from option exercises of the share-based payment awards in fiscal 2007 totaled $675 million.
Cash received from option exercises and purchases under the ESPP in fiscal 2006 was $2.5 billion. The actual tax benefit
realized for the tax deduction from option exercises of the share-based payment awards in fiscal 2006 totaled $420 million.
Nonvested restricted stock awards as of October 31, 2007 and 2006 were as follows:
Shares
Weighted-
Average Grant
Date Fair Value
In thousands
Nonvested at October 31, 2005................................................................................................ 8,869 $21
Granted .................................................................................................................................... 1,525 $32
Vested ...................................................................................................................................... (2,521) $21
Forfeited................................................................................................................................... (1,508) $21
Nonvested at October 31, 2006................................................................................................ 6,365 $24
Granted .................................................................................................................................... 1,620 $44
Vested ...................................................................................................................................... (1,284) $25
Forfeited................................................................................................................................... (1,003) $24
Nonvested at October 31, 2007................................................................................................ 5,698 $29
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