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Table of Contents
ORACLE CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
May 31, 2008
The following table summarizes stock option activity for our last three fiscal years ended May 31, 2008:
Options Outstanding
Weighted
Shares Under Average
(in millions, except exercise price) Option Exercise Price
Balance, May 31, 2005 469 $ 11.92
Granted 68 $ 12.37
Assumed in connection with acquisitions 82 $ 17.22
Exercised (87) $ 6.56
Canceled (59) $ 16.64
Balance, May 31, 2006 473 $ 13.25
Granted 61 $ 14.81
Assumed in connection with acquisitions 25 $ 11.27
Exercised (106) $ 8.22
Canceled (19) $ 34.57
Balance, May 31, 2007 434 $ 13.65
Granted 61 $ 20.49
Assumed in connection with acquisitions 36 $ 17.24
Exercised (135) $ 9.12
Canceled (18) $ 20.83
Balance, May 31, 2008 378 $ 16.37
The range of stock option exercise prices is due to the fluctuating price of our stock over the period of the
grants and from the conversion of options assumed from our acquisitions. The following table summarizes
our range of stock option exercise prices and related information as of May 31, 2008:
Weighted Average
Options Outstanding Remaining Options Exercisable Weighted Average
Range of Exercise as of May 31, 2008 Contractual Life Weighted Average as of May 31, 2008 Exercise Price of
Prices (in millions) (in years) Exercise Price (in millions) Exercisable Options
$ 0.01—$ 6.88 41 1.06 $ 6.29 41 $ 6.30
$ 6.89—$ 9.90 46 4.82 $ 8.99 39 $ 8.89
$ 9.91—$11.85 21 3.85 $ 10.78 17 $ 10.80
$11.86—$12.34 39 6.89 $ 12.32 16 $ 12.31
$12.35—$14.55 40 5.27 $ 13.18 33 $ 13.14
$14.56—$14.58 45 8.08 $ 14.57 9 $ 14.57
$14.59—$20.07 41 4.61 $ 16.85 31 $ 16.46
$20.08—$20.49 53 8.89 $ 20.48 2 $ 20.26
$20.50—$126.59 52 2.57 $ 35.43 49 $ 36.26
$ 0.01—$126.59 378 5.24 $ 16.37 237 $ 16.38
98
Source: ORACLE CORP, 10-K, July 02, 2008 Powered by Morningstar® Document Research℠