Nokia 2008 Annual Report Download - page 200

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22. Sharebased payment (Continued)
Total stock options outstanding as at December 31, 2008
(1)
Number of shares
Weighted average
exercise price
EUR
(2)
Weighted
average share
price EUR
(2)
Shares under option at January 1, 2006....... 145 731 886 22.97
Granted................................... 11421939 16.79
Exercised ................................. 3302437 13.71 16.70
Forfeited .................................. 2888474 15.11
Expired ................................... 57677685 33.44
Shares under option at December 31, 2006.... 93 285 229 16.28
Granted................................... 3211965 18.48
Exercised ................................. 57776205 16.99 21.75
Forfeited .................................. 1992666 15.13
Expired ................................... 1161096 17.83
Shares under option at December 31, 2007.... 35 567 227 15.28
Granted................................... 3767163 17.44
Exercised ................................. 3657985 14.21 22.15
Forfeited .................................. 783557 16.31
Expired ................................... 11078983 14.96
Shares under option at December 31, 2008.... 23 813 865 15.89
Options exercisable at December 31, 2005
(shares) ................................. 112095407 25.33
Options exercisable at December 31, 2006
(shares) ................................. 69721916 16.65
Options exercisable at December 31, 2007
(shares) ................................. 21535000 14.66
Options exercisable at December 31, 2008
(shares) ................................. 12 895 057 14.77
(1)
Includes also stock options granted under other than global equity plans. For further information
see “Other equity plans for employees” below.
(2)
The weighted average exercise price and the weighted average share price do not incorporate the
effect of transferable stock option exercises by option holders not employed by the Group.
The weighted average grant date fair value of stock options granted was EUR 3.92 in 2008, EUR 3.24
in 2007, and EUR 3.31 in 2006.
The options outstanding by range of exercise price at December 31, 2008 are as follows:
Exercise prices EUR Number of shares
Weighted average
remaining
contractual life
in years
Weighted
average
exercise
price EUR
Options outstanding
2.1512.43 .................................. 4555378 1.78 11.50
12.7915.38 .................................. 5556538 2.06 13.00
17.0018.39 .................................. 10605500 3.28 18.11
19.1631.03 .................................. 3096449 4.43 19.93
23 813 865
F56
Notes to the Consolidated Financial Statements (Continued)