AMD 2000 Annual Report Download - page 416

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
repriced approximately 3.4 million. The Company extended the vesting schedules
and expiration dates of repriced stock options by one year.
The following is a summary of stock option activity and related information (the
repriced options are shown as canceled and granted options in 1998 when they
were repriced):
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2000 1999 1998
(Shares in thousands)
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Weighted- Weighted- Weighted-
average average average
Number exercise Number exercise Number exercise
of shares price of shares price of shares price
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Options:
Outstanding at beginning of year 41,988 $ 8.37 40,550 $ 8.36 35,560 $ 8.54
Granted 21,044 35.07 9,806 8.35 13,110 9.92
Canceled (3,247) 18.84 (4,710) 10.45 (5,332) 15.59
Exercised (15,933) 7.01 (3,658) 5.46 (2,788) 4.19
-------- ------- -------
Outstanding at end of year 43,852 20.70 41,988 8.37 40,550 8.36
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Exercisable at end of year 14,667 9.64 21,408 7.97 19,394 7.30
Available for grant at beginning of year 6,114 11,306 1,932
Available for grant at end of year 11,803 6,114 11,306
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The following table summarizes information about options outstanding as of
December 31, 2000:
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(Shares in thousands) Options outstanding Options exercisable
------------------------------------------------------------------------------
Weighted-
average
Number remaining Weighted- Number Weighted-
Range of of shares contractual average of shares average
exercise prices life (years) exercise price exercise price
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$0.01 - $ 8.19 9,259 5.88 $ 6.58 7,019 $ 6.60
8.22 - 9.72 10,458 7.97 8.95 4,263 9.09
9.75 - 23.75 9,317 7.83 17.28 3,385 16.64
23.81 - 42.13 4,974 9.52 35.36 - -
42.25 - $45.91 9,844 9.32 42.33 - -
========== ==========
$0.01 - $45.91 43,852 7.98 20.70 14,667 9.64
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Stock Purchase Plan. The Company has an employee stock purchase plan (ESPP) that
allows participating U.S. employees to purchase, through payroll deductions,
shares of our common stock at 85 percent of the fair market value at specified
dates. As of December 31, 2000, 2,819,019 common shares remained available for
issuance under the plan. A summary of stock purchased under the plan is shown
below:
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Source: ADVANCED MICRO DEVIC, 10-K405, March 20, 2001