Amazon.com 2011 Annual Report Download - page 72

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The following summarizes our restricted stock unit activity (in millions):
Number of Units
Outstanding at January 1, 2009 ........................................... 16.7
Units granted ..................................................... 6.0
Units vested ...................................................... (6.0)
Units forfeited .................................................... (1.0)
Outstanding at December 31, 2009 ........................................ 15.7
Units granted ..................................................... 5.3
Units vested ...................................................... (5.7)
Units forfeited .................................................... (1.3)
Outstanding at December 31, 2010 ........................................ 14.0
Units granted ..................................................... 5.4
Units vested ...................................................... (5.1)
Units forfeited .................................................... (1.2)
Outstanding at December 31, 2011 ........................................ 13.1
Scheduled vesting for outstanding restricted stock units at December 31, 2011 is as follows (in millions):
Year Ended December 31,
2012 2013 2014 2015 2016 Thereafter Total
Scheduled vesting—restricted stock units ................ 4.4 4.2 2.6 1.4 0.3 0.2 13.1
As of December 31, 2011, there was $842 million of net unrecognized compensation cost related to
unvested stock-based compensation arrangements. This compensation is recognized on an accelerated basis
resulting in approximately half of the compensation expected to be expensed in the next twelve months, and has a
weighted average recognition period of 1.2 years.
During 2011 and 2010, the fair value of restricted stock units that vested was $1.0 billion and $792 million.
As matching contributions under our 401(k) savings plan, we granted 0.1 million shares of common stock in
both 2011 and 2010. Shares granted as matching contributions under our 401(k) plan are included in outstanding
common stock when issued.
Common Stock Available for Future Issuance
At December 31, 2011, common stock available for future issuance to employees is 155 million shares.
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