HP 2010 Annual Report Download - page 99

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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 at October 31, 2010 was as follows:
Options Outstanding Options Exercisable
Weighted- Weighted- Weighted-
Average Average Average
Remaining Exercise Exercise
Shares Contractual Price Shares Price
Range of Exercise Prices Outstanding Life Per Share Exercisable Per Share
In thousands In years In thousands
$0-$9.99 .......................... 2,075 7.8 $ 7 177 $ 6
$10-$19.99 ........................ 22,174 2.5 $15 17,757 $16
$20-$29.99 ........................ 58,806 2.0 $23 56,725 $23
$30-$39.99 ........................ 33,614 2.8 $32 32,182 $32
$40-$49.99 ........................ 22,749 4.2 $43 15,825 $43
$50-$59.99 ........................ 1,509 5.7 $52 578 $52
$60 and over ....................... 1,989 1.6 $77 1,988 $77
142,916 2.7 $28 125,232 $28
At October 31, 2010, there was $280 million of unrecognized pre-tax stock-based compensation
expense related to stock options, which HP expects to recognize over a weighted-average vesting period
of 1.6 years. At October 31, 2009, there was $188 million of unrecognized pre-tax stock-based
compensation expense related to stock options, which HP expected to recognize over the remaining
weighted-average vesting period of 1.1 years.
Restricted Stock Awards
Non-vested restricted stock awards as of October 31, 2010 and 2009 and changes during fiscal 2010
and 2009 were as follows:
2010 2009
Weighted- Weighted-
Average Grant Average Grant
Date Fair Value Date Fair Value
Shares Per Share Shares Per Share
In thousands In thousands
Outstanding at beginning of year .......... 6,864 $44 12,930 $44
Granted and assumed through acquisitions . . . 4,821 $48 836 $36
Vested ............................. (5,202) $46 (6,532) $44
Forfeited ........................... (635) $46 (370) $45
Outstanding at end of year .............. 5,848 $45 6,864 $44
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