HP 2015 Annual Report Download - page 131

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Table of Contents



The following table summarizes significant ranges of outstanding and exercisable stock options:
As of October 31, 2015, total unrecognized pre-tax stock-based compensation expense related to stock options was $46 million, which is expected to be
recognized over a weighted-average vesting period of 1.9 years.

HP sponsors the 2011 ESPP, pursuant to which eligible employees may contribute up to 10% of base compensation, subject to certain income limits, to
purchase shares of HP's common stock.
Pursuant to the terms of the 2011 ESPP, employees purchase stock under the 2011 ESPP at a price equal to 95% of HP's closing stock price on the
purchase date. No stock-based compensation expense was recorded in connection with those purchases because the criteria of a non-compensatory plan were
met.

Shares available for future grant and shares reserved for future issuance under the stock-based incentive compensation plans and the 2011 ESPP were as
follows:
129



















      
$0-$9.99 221 3.9 $ 6 205 $ 7
$10-$19.99 9,863 4.5 $ 14 9,398 $ 14
$20-$29.99 15,775 4.9 $ 26 11,635 $ 25
$30-$39.99 8,858 6.7 $ 37 2,831 $ 37
$40-$49.99 1,322 1.3 $ 45 1,322 $ 45
$50-$59.99 239 2.3 $ 52 239 $ 52
36,278 5.1 $ 26 25,630 $ 24

  
 
Shares available for future grant 215,949 246,852 300,984
Shares reserved for future issuance 276,481 344,848 417,642
Source: HP INC, 10-K, December 16, 2015 Powered by Morningstar® Document Research
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