Chesapeake Energy 2015 Annual Report Download - page 119
Download and view the complete annual report
Please find page 119 of the 2015 Chesapeake Energy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109 -
110 -
111 -
112 -
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
 |
 |
CHESAPEAKE ENERGY CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
115
The following table provides information related to stock option activity for 2015, 2014 and 2013:
Number of
Shares
Underlying
Options
Weighted
Average
Exercise
Price
Per Share
Weighted
Average
Contract
Life in
Years
Aggregate
Intrinsic
Value(a)
(in thousands) ($ in millions)
Outstanding at January 1, 2015.............................. 4,599 $ 19.55 7.03 $ 5
Granted ............................................................ 1,208 $ 18.37
Exercised ......................................................... (14) $ 18.13 $ —
Expired ............................................................. (416) $ 18.46
Forfeited ........................................................... — $ —
Outstanding at December 31, 2015........................ 5,377 $ 19.37 5.80 $ —
Exercisable at December 31, 2015......................... 2,045 $ 19.61 5.07 $ —
Outstanding at January 1, 2014.............................. 5,268 $ 19.28 6.66 $ 41
Granted ................................................................... 994 $ 24.43
Exercised ................................................................ (1,322) $ 18.71 $ 11
Expired ................................................................... (28) $ 18.97
Forfeited ................................................................. (313) $ 21.05
Outstanding at December 31, 2014........................ 4,599 $ 19.55 7.03 $ 5
Exercisable at December 31, 2014......................... 1,304 $ 18.71 5.70 $ 1
Outstanding at January 1, 2013.............................. 481 $ 12.69 0.96 $ 2
Granted ................................................................... 5,264 $ 19.32
Exercised ................................................................ (346) $ 10.82 $ 3
Expired ................................................................... (131) $ 19.31
Outstanding at December 31, 2013........................ 5,268 $ 19.28 6.66 $ 41
Exercisable at December 31, 2013......................... 1,552 $ 18.82 1.97 $ 13
___________________________________________
(a) The intrinsic value of a stock option is the amount by which the current market value or the market value upon
exercise of the underlying stock exceeds the exercise price of the option.