Kodak 2005 Annual Report Download - page 114

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In addition, the 2005 Plan, the 2000 Plan, and the 1995 Plan provide for, but are not limited to, grants of unvested stock and performance awards.
Compensation expense recognized in 2005 for these awards, based on their fair value, was not material.
Further information relating to options is as follows:
Weighted-Average
Exercise
(Amounts in thousands, except per share amounts) Shares Under Option Range of Price Per Share Price Per Share
Outstanding on December 31, 2002 42,277 $25.92 – $92.31 $48.52
Granted 1,595 $22.58 – $38.85 $28.45
Exercised 392 $29.31 – $32.50 $31.28
Terminated, Canceled or Surrendered 3,931 $26.82 – $86.94 $44.49
Outstanding on December 31, 2003 39,549 $22.58 – $92.31 $48.30
Granted 800 $24.92 – $33.32 $30.18
Exercised 157 $22.58 – $31.30 $30.84
Terminated, Canceled or Surrendered 2,982 $22.58 – $75.66 $41.70
Outstanding on December 31, 2004 37,210 $22.58 – $92.31 $48.51
Granted 1,852 $22.03 – $31.57 $25.89
Exercised 389 $22.58 – $31.88 $30.68
Terminated, Canceled or Surrendered 2,630 $23.25 – $83.19 $48.53
Outstanding on December 31, 2005 36,043
Exercisable on December 31, 2003 32,593 $22.58 – $92.31 $51.30
Exercisable on December 31, 2004 33,196 $22.58 – $92.31 $50.32
Exercisable on December 31, 2005 32,330 $22.58 – $92.31 $49.69
The table above excludes approximately 68 (in thousands) options granted by the Company in 2001 at an exercise price of $.05-$21.91 as part of an
acquisition. At December 31, 2005, approximately 8 (in thousands) stock options were outstanding in relation to this acquisition.
The following table summarizes information about stock options at December 31, 2005:
(Number of options in thousands) Options Outstanding Options Exercisable
Range of Exercise Prices Weighted-Average
At Less Remaining Weighted-Average Weighted-Average
Least Than Options Contractual Life Exercise Price Options Exercise Price
$20 – $30 3,410 5.90 $26.29 1,244 $27.26
$30 – $40 17,371 4.73 $32.45 15,858 $32.45
$40 – $50 583 5.08 $41.71 567 $41.70
$50 – $60 1,717 4.11 $54.75 1,711 $54.75
$60 – $70 5,983 2.53 $65.44 5,971 $65.44
$70 – $80 4,650 1.04 $73.26 4,650 $73.26
Over $80 2,329 1.17 $89.94 2,329 $89.94
36,043 32,330
The weighted-average remaining contractual term and aggregate intrinsic value of all options outstanding at December 31, 2005 was 3.75 years and
negative $869,962 thousand, respectively. The weighted-average remaining contractual term and aggregate intrinsic value of all options exercisable
at December 31, 2005 was 3.49 and negative $850,122 thousand, respectively. The negative aggregate intrinsic value of all options outstanding and
exercisable, respectively, refl ects the fact that the market price of the Company’s common stock as of December 31, 2005 was below the