Amazon.com 2005 Annual Report Download - page 81

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AMAZON.COM, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Common shares underlying outstanding stock awards were as follows:
Year Ended December 31,
2005 2004
(in millions)
Stock options (1) ...................................................... 12 18
Restricted stock units .................................................. 10 6
Outstanding stock awards, excluded from common stock outstanding ........ 22 24
Restricted stock, included in outstanding common stock (2) .................... — 1
Total outstanding stock awards ....................................... 22 25
(1) The weighted average per share exercise price was $14.28, $12.98, and $12.46 in 2005, 2004, and 2003.
(2) Included in issued and outstanding common stock.
Common shares outstanding (which includes restricted stock), plus shares underlying outstanding stock
options and restricted stock units totaled 438 million, 434 million, and 433 million at December 31, 2005, 2004
and 2003. These totals include all stock-based awards outstanding, without regard for estimated forfeitures,
consisting of vested and unvested awards, and in-the-money and out-of-the-money stock options. Common
shares outstanding increased by 6 million shares in both 2005 and 2004, due to exercises of stock options, vesting
of restricted stock units, and matching contributions under our 401(k) savings plan.
The following summarizes our restricted stock unit activity (in millions):
Number of Units
Outstanding at December 31, 2002 ................................ 3.0
Units granted ............................................. 2.1
Units vested .............................................. (0.4)
Units cancelled ............................................ (0.3)
Outstanding at December 31, 2003 ................................ 4.4
Units granted ............................................. 3.3
Units vested .............................................. (0.8)
Units cancelled ............................................ (0.5)
Outstanding at December 31, 2004 ................................ 6.4
Units granted ............................................. 6.0
Units vested .............................................. (1.2)
Units cancelled ............................................ (1.3)
Outstanding at December 31, 2005 ................................ 9.9
Scheduled vesting for outstanding restricted stock units at December 31, 2005 is as follows (in millions):
Year Ended December 31,
2006 2007 2008 2009 2010 Thereafter Total
Scheduled vesting—restricted stock units ........ 2.1 3.2 2.7 1.4 0.3 0.2 9.9
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