TiVo 2006 Annual Report Download - page 93

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Table of Contents
Stock Award Activity
A summary of the stock options activity and related information for the twelve months ended January 31, 2007, 2006, and 2005 is as follows:
Shares
Weighted-
Average
Exercise
Price
Aggregate
Intrinsic
Value
(in thousands) (in thousands)
Outstanding at January 31, 2004 13,213 $ 9.09
Grants 4,071 6.77
Exercises (448) 3.77
Forfeitures or expirations (1,269) 11.46
Outstanding at January 31, 2005 15,567 $ 8.44 $ 1,445
Grants 6,792 4.95
Exercises (1,644) 4.26
Forfeitures or expirations (3,924) 9.63
Outstanding at January 31, 2006 16,791 $ 7.16 $ 9,009
Grants 5,416 6.78
Exercises (1,893) 4.79
Forfeitures or expirations (2,144) 8.00
Outstanding at January 31, 2007 18,170 $ 7.19 $ 5,482
The aggregate intrinsic value in the preceding table is based on options with an exercise price less than the Company's closing stock price of
$5.35 as of January 31, 2007, which would have been received by the option holders had those option holders exercised their options as of that date. Total
intrinsic value of options exercised was $4.8 million, $3.2 million, and $2.1 million for the twelve months ended January 31, 2007, 2006, and 2005,
respectively.
The following table summarizes information about options outstanding at January 31, 2007:
Options Outstanding Exercisable Options
Range of Exercise Prices Number of Shares
Weighted Average
Remaining
Contractual Life
Weighted Average
Exercise Price Number of Shares
Weighted Average
Exercise Prices
$0.45 $ 3.78 2,098,198 7.3 $ 3.65 1,073,523 $ 3.53
$3.83 $ 5.11 1,967,298 6.69 $ 4.39 1,361,262 $ 4.31
$5.13 $ 6.31 2,347,957 6.53 $ 5.77 1,561,651 $ 5.87
$6.32 $ 6.51 1,578,634 5.88 $ 6.48 846,207 $ 6.49
$6.52 $ 6.52 2,023,125 8.41 $ 6.52 759,061 $ 6.52
$6.53 $ 6.71 2,432,363 8.99 $ 6.70 502,390 $ 6.71
$6.73 $ 7.24 2,131,664 7.57 $ 7.08 1,129,273 $ 7.06
$7.25 $ 10.57 2,253,368 6.85 $ 8.78 1,345,440 $ 9.44
$11.00 $ 35.75 1,329,500 3.39 $ 19.54 1,317,695 $ 19.61
$37.63 $ 37.63 8,000 0.19 $ 37.63 8,000 $ 37.63
Total 18,170,107 7.05 $ 7.19 9,904,502 $ 8.02
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