Nokia 2004 Annual Report Download - page 164

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Notes to the Consolidated Financial Statements (Continued)
22. The shares of the Parent Company (Continued)
Information relating to stock options during 2004, 2003 and 2002 are as follows:
Number of Weighted average
shares exercise price
EUR
Shares under option at December 31, 2001 ................. 227,999,753 25.71
Granted(1) .............................................. 51,127,314 17.96
Exercised .............................................. 51,586,807 3.61
Forfeited .............................................. 6,097,025 33.51
Shares under option at December 31, 2002 ................. 221,443,235 28.81
Granted(1) .............................................. 31,098,505 14.94
Exercised .............................................. 7,700,791 3.97
Forfeited .............................................. 5,847,332 25.23
Shares under option at December 31, 2003 ................. 238,993,617 27.90
Granted ............................................... 7,172,424 11.88
Exercised .............................................. 781,338 12.85
Forfeited .............................................. 4,733,995 19.55
Expired ............................................... 97,693,392 33.99
Shares under option at December 31, 2004 ................. 142,957,316 23.29
Options exercisable at December 31, 2002 (shares) ............. 107,721,842 27.92
Options exercisable at December 31, 2003 (shares) ............. 148,150,370 31.88
Options exercisable at December 31, 2004 (shares) ........... 83,667,122 26.18
(1) Includes options converted in acquisitions.
The options outstanding by range of exercise price at December 31, 2004 are as follows:
Options outstanding Vested options outstanding
Weighted average
remaining
contractual life in Weighted average Weighted average
Exercise prices Number of shares years exercise price Number of shares exercise price
EUR EUR EUR
0.28–14.72 8,566,058 3.50 11.26 1,524,533 8.72
14.95 28,912,535 2.30 14.95 9,027,050 14.95
14.97–17.29 323,635 2.40 15.70 98,242 16.58
17.89 46,657,996 1.57 17.89 26,387,016 17.89
18.18–26.67 19,171,279 1.46 27.61 14,181,913 26.49
28.87–36.15 139,708 5.08 33.87 139,613 33.87
36.75 38,980,544 1.46 36.75 32,103,194 36.75
38.09–56.28 205,561 3.95 39.54 205,561 39.54
142,957,316 83,667,122
F-39