Albertsons 2004 Annual Report Download - page 76

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SUPERVALU INC. and Subsidiaries
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Changes in the options granted, exercised and outstanding under such plans are as follows:
Shares
Weighted Average
Price per Share
(In thousands)
Outstanding, February 24, 2001 14,410 $20.26
Granted 1,215 17.32
Exercised (1,781) 15.82
Canceled and forfeited (677) 18.23
Outstanding, February 23, 2002 13,167 $20.69
Granted 2,885 28.27
Exercised (2,896) 17.44
Canceled and forfeited (151) 20.84
Outstanding, February 22, 2003 13,005 $23.10
Granted 2,716 17.70
Exercised (2,103) 17.36
Canceled and forfeited (1,779) 36.18
Outstanding, February 28, 2004 11,839 $20.92
The following table summarizes stock option information at year-end 2004:
Options Outstanding Options Exercisable
Range of Exercise Price
Number of
Options
Weighted-
Average
Remaining
Contractual Life
Weighted-
Average
Exercise
Price
Number of
Options
Weighted-
Average
Exercise
Price
$12.25 to $14.50 1,814,037 5.73 years 14.30 1,280,897 14.28
14.78 to 15.81 1,060,757 5.16 15.35 803,057 15.32
15.90 to 15.90 1,740,738 9.11 15.90 260,183 15.90
16.08 to 20.69 1,840,505 5.80 19.54 1,533,905 19.72
20.72 to 23.08 1,693,847 4.27 22.58 1,643,697 22.61
23.09 to 26.06 543,230 3.96 24.63 449,052 24.64
26.10 to 27.98 1,924,837 7.70 27.89 890,032 27.79
28.07 to 32.24 1,189,679 4.27 29.81 1,062,740 29.79
32.77 to 34.44 31,575 4.08 33.08 31,575 33.08
$12.25 to $34.44 11,839,205 6.07 $20.92 7,955,138 $21.45
Option shares available for grant were 6.2 million and 7.3 million at February 28, 2004 and February 22,
2003, respectively. As of February 28, 2004, the company has reserved 18.0 million shares, in aggregate, for the
plans.
As of February 28, 2004, limited stock appreciation rights have been granted and are outstanding under the
1989 stock appreciation rights plan and the 1993 stock plan. Such rights relate to options granted to purchase
494,000 shares of common stock and are exercisable only upon a “change in control.”
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