UPS 2015 Annual Report Download - page 120

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UNITED PARCEL SERVICE, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
108
The following table summarizes information about stock options outstanding and exercisable at December 31, 2015:
Options Outstanding Options Exercisable
Exercise Price Range
Shares
(in thousands)
Average Life
(in years)
Average
Exercise
Price
Shares
(in thousands)
Average
Exercise
Price
$55.01 - $70.00 218 3.94 $ 62.48 218 $ 62.48
$70.01 - $80.00 1,320 2.53 72.14 1,266 71.96
$80.01 - $90.00 947 1.52 81.23 884 81.11
$90.01 - $105.00 286 8.74 99.75 83 98.36
2,771 2.94 $ 77.33 2,451 $ 75.31
Discounted Employee Stock Purchase Plan
We maintain an employee stock purchase plan for all eligible employees. Under this plan, shares of UPS class A common
stock may be purchased at quarterly intervals at 95% of the NYSE closing price of UPS class B common stock on the last day
of each quarterly period. Employees purchased 0.9, 0.9 and 1.1 million shares at average prices of $95.41, $95.67 and $79.74
per share during 2015, 2014 and 2013, respectively. This plan is not considered to be compensatory, and therefore no
compensation cost is measured for the employees’ purchase rights.