8x8 2014 Annual Report Download - page 76

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Option activity under the Company's stock option plans since March 31, 2011, is summarized as follows:
(1) The reduction to shares available for grant includes awards granted of 563,100 shares.
(2) The increase to shares subject to options outstanding includes 171,974 shares subject to options assumed under the 2003 Contactual Plan.
Significant option groups outstanding at March 31, 2014 and related weighted average exercise price and contractual life information for 8x8,
Inc.'s stock option plans are as follows:
71
.
Weighted
Shares
Average
Shares
Subject to
Exercise
Available
Options
Price
for Grant
Outstanding
Per Share
Balance at March 31, 2011
1,553,979
6,969,196
$
1.56
Granted
-
Options (2)
(685,500)
857,474
4.05
Stock purchase rights (1)
(563,100)
-
-
Exercised
-
(1,645,308)
1.35
Canceled/Forfeited
147,027
(147,027)
2.07
Termination of plans
(76,860)
-
Balance at March 31, 2012
375,546
6,034,335
1.90
Change in options available for grant
4,100,000
-
-
Granted
-
Options
(932,000)
932,000
5.80
Stock purchase rights
(443,436)
-
-
Restricted stock units
(25,000)
-
-
Exercised
-
(835,246)
1.49
Canceled/Forfeited
-
Options
139,545
(139,545)
4.00
Canceled/Forfeited
-
Restricted Stock Units
4,000
-
-
Termination of plans
(43,394)
-
Balance at March 31, 2013
3,175,261
5,991,544
2.52
Change in options available for grant
1,000,000
-
-
Granted
-
Options
(1,465,400)
1,465,400
9.66
Stock purchase rights
(992,572)
-
-
Restricted stock units
(321,008)
-
-
Exercised
-
(1,283,470)
2.75
Canceled/Forfeited
-
Options
171,092
(171,092)
5.25
Canceled/Forfeited
-
Restricted Stock Units
146,828
-
-
Termination of plans
(100,258)
-
Balance at March 31, 2014
1,613,943
6,002,382
$
4.14
Options Outstanding
Options Exercisable
Weighted
Weighted
Weighted
Average
Average
Average
Exercise
Remaining
Aggregate
Exercise
Aggregate
Price
Contractual
Intrinsic
Price
Intrinsic
Shares
Per Share
Life (Years)
Value
Shares
Per Share
Value
$ 0.55 to $ 1.26
1,725,000
$
1.04
3.8
$
16,855,760
1,725,000
$
1.04
$
16,855,760
$ 1.27 to $ 1.79
1,257,178
$
1.53
1.9
11,663,456
1,257,178
$
1.53
11,663,456
$ 1.80 to $ 5.87
1,564,614
$
4.58
6.0
9,740,969
774,413
$
4.16
5,150,429
$ 5.88 to $ 9.74
1,305,590
$
9.40
8.9
1,847,196
69,271
$
8.79
139,929
$ 9.75 to $ 11.26
150,000
$
11.11
9.8
-
-
$
-
-
6,002,382
$
40,107,381
3,825,862
$
33,809,574