HP 2011 Annual Report Download - page 102

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HEWLETT-PACKARD COMPANY AND SUBSIDIARIES
Notes to Consolidated Financial Statements (Continued)
Note 2: Stock-Based Compensation (Continued)
The ESPP activity as of October 31 during each fiscal year was as follows:
2011 2010 2009
In millions, except
weighted-average
purchase price per share
Compensation expense, net of taxes ................................ $ — $ — $ 24
Shares purchased .............................................. 1.75 1.62 6.16
Weighted-average purchase price per share ........................... $ 25 $ 47 $ 33
2011 2010 2009
In thousands
Employees eligible to participate ...................................... 261 251 260
Employees who participated ......................................... 18 18 49
Shares Reserved
Shares available for future grant and shares reserved for future issuance under the ESPP and
incentive compensation plans were as follows:
2011 2010 2009
Shares in thousands
Shares available for future grant at October 31:
HP plans ............................................. 172,259 124,553(1) 95,311(1)
Assumed Compaq and EDS plans ........................... — — 82,449(2)
172,259 124,553 177,760
Shares reserved for future issuance under all stock-related benefit plans
at October 31 .......................................... 319,602 296,973 410,977
(1) Includes 30 million and 24 million shares that expired in November 2010 and November 2009,
respectively.
(2) In November 2009, HP retired the assumed Compaq and EDS plans for purposes of granting new
awards. The shares that had been reserved for future awards under those plans were returned to
HP’s pool of authorized shares and will not be available for issuance under any other HP plans.
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