IBM 2006 Annual Report Download - page 100
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The following table summarizes option activity under the Plans during the years ended December 31, 2006, 2005 and 2004:
2006 2005 2004
WTD. AVG. WTD. AVG. WTD. AVG.
EXERCISE NO. OF SHARES EXERCISE NO. OF SHARES EXERCISE NO. OF SHARES
PRICE UNDER OPTION PRICE UNDER OPTION PRICE UNDER OPTION
Balance at January 1 $ ,, $ ,, $ ,,
Options granted ,, ,, ,,
Options exercised (,,) (,,) (,,)
Options canceled/expired (,,) (,,) (,,)
Balance at December 31 $ ,, $ ,, $ ,,
Exercisable at December 31 $ ,, $ ,, $ ,,
During the years ended December 31, 2006, 2005 and 2004, the company granted approximately 0.5 million, 12.5 million and 5.0 million stock
options, respectively, with exercise prices greater than the stock price at the date of grant. These stock options had weighted-average exercise
prices of $91, $100 and $106 for the years ended December 31, 2006, 2005 and 2004, respectively, and are included in the table above.
The shares under option at December 31, 2006 were in the following exercise price ranges:
OPTIONS OUTSTANDING
WTD. AVG.
WTD. AVG. NUMBER AGGREGATE REMAINING
EXERCISE OF SHARES INTRINSIC CONTRACTUAL
EXERCISE PRICE RANGE PRICE UNDER OPTION VALUE LIFE (IN YEARS)
$34-$60 $ ,, $ ,,
$61-$85 ,, ,,
$86-$105 ,, ,,
$106 and over ,, —
$ ,, $,,,
OPTIONS EXERCISABLE
WTD. AVG.
WTD. AVG. NUMBER AGGREGATE REMAINING
EXERCISE OF SHARES INTRINSIC CONTRACTUAL
EXERCISE PRICE RANGE PRICE UNDER OPTION VALUE LIFE (IN YEARS)
$34-$60 $ ,, $ ,,
$61-$85 ,, ,,
$86-$105 ,, ,,
$106 and over ,, —
$ ,, $,,,
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
INTERNATIONAL BUSINESS MACHINES CORPORATION AND SUBSIDIARY COMPANIES
98 2006 Annual Report
Consolidated Statements .........................................................
Notes .....................................................................................
A-G .........................................................................................
H-M .........................................................................................
N-S ..........................................................................................
T-X ..........................................................................................
T. Rental Expense and Lease Commitments .......................
U. Stock-Based Compensation ............................................
V. Retirement-Related Benefits .........................................
W. Segment Information....................................................
X. Subsequent Events ........................................................
Black
MAC
390 CG10