Microsoft 2010 Annual Report Download - page 69

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68
During fiscal year 2010, the following activity occurred under our existing plans:
Shares
Weighted
Average
Grant-Date
Fair Value
(In millions)
Stock Awards
Nonvested balance, beginning of year 191 $ 25.69
Granted 100 $ 23.43
Vested (52) $ 25.50
Forfeited (16) $ 25.19
Nonvested balance, end of year 223 $ 24.76
Shared Performance Stock Awards
Nonvested balance, beginning of year 28 $ 26.79
Granted 12 $ 24.57
Vested (7) $ 26.65
Forfeited (3) $ 25.74
Nonvested balance, end of year 30 $ 25.32
As of June 30, 2010, there was $4.2 billion and $482 million of total unrecognized compensation costs related to SAs
and SPSAs, respectively. These costs are expected to be recognized over a weighted average period of 3.4 years
and 2.4 years, respectively.
During fiscal year 2009 and 2008, the following activity occurred under our stock plans:
(In millions, except fair values) 2009 2008
Stock Awards
Awards granted 91 71
Weighted average grant-date fair value $ 24.95 $ 27.83
Shared Performance Stock Awards
Awards granted 10 19
Weighted average grant-date fair value $ 25.93 $ 27.82
Stock Options
In fiscal year 2004, we began granting employees and non-employee directors SAs rather than non-qualified and
incentive stock options as part of our equity compensation plans. Since then, stock options issued to employees
have been issued primarily in conjunction with business acquisitions. Options granted between 1995 and 2001
generally vest over four and one-half years and expire seven years from the date of grant, while certain options vest
either over four and one-half years or over seven and one-half years and expire 10 years from the date of grant.
Options granted after 2001 vest over four and one-half years and expire 10 years from the date of grant. We granted
one million, one million, and 10 million stock options in conjunction with business acquisitions during fiscal years
2010, 2009, and 2008, respectively.