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SUNTRUST  ANNUAL REPORT 87
The following table presents information on stock options and performance and restricted stock:
Stock Options Performance and Restricted Stock
Weighted Weighted
Average Deferred Average
(Dollars in thousands except per share data) Shares Price Range Exercise Price Shares Compensation Grant Price
Balance, January ,  ,, . . . ,, , —
Granted ,, . . . , , .
Exercised/vested (,) . – . . (,)
Cancelled/expired/forfeited (,) . . . (,) (,)
Acquisition of Lighthouse
Financial Services, Inc. , . . .
Amortization of compensation
element (,)
Balance, December ,  ,, . – . . ,, ,
Granted ,, . . . , , .
Exercised/vested (,,) . . . (,)
Cancelled/expired/forfeited (,) . . . (,) (,)
Acquisition of NCF ,, . . .
Amortization of compensation
element (,)
Balance, December ,  ,, . – . . ,, ,
Granted ,, . . . , , .
Exercised/vested (,,) . . . (,)
Cancelled/expired/forfeited (,) . . . (,) (,)
Amortization of compensation
element (,)
Balance, December ,  ,, . . . ,, ,
Exercisable, December ,  ,, .
Available for additional grant,
December ,  ,,
Includes . million shares available to be issued as Restricted Stock.
The following table presents information on stock options by ranges of exercise price at December , :
Options Outstanding Options Exercisable
Weighted Weighted Weighted
Number Average Average Remaining Number Average
Range of Exercise Prices Outstanding Exercise Price Contractual Life (Years) Exercisable Exercise Price
. to . ,, . . ,, .
. to . ,, . . ,, .
. to . ,, . . ,, .
,, . . ,, .
Effective January , , the Company adopted the fair value recognition
provision of SFAS No.  and applied SFAS No.  prospectively to all
awards granted after January , . The effect on net income and earn-
ings per share if the fair value based method had been applied to all out-
standing awards in each period is as follows: