Cogeco 2005 Annual Report Download - page 48

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9CAPITAL STOCK (continued)
Under the Stock Option Plan, the following options were granted by the Corporation and are outstanding as at August 31:
2005 2004
Weighted Weighted
average average
Options exercise price Options exercise price
$$
Outstanding, beginning of year 509,515 17.42 378,882 16.99
Granted 140,766 21.50 164,980 16.56
Exercised (55,462) 11.38 (33,004) 8.00
Forfeited (4,096) 14.35 (1,343) 23.45
Outstanding, end of year 590,723 18.98 509,515 17.42
Exercisable, end of year 326,851 19.74 250,774 19.12
At August 31, 2005, the range of exercise prices, the weighted average exercise price and the weighted average remaining contractual life of
options are as follows:
Options outstanding Options exercisable
Weighted
average
remaining Weighted Weighted
Number contractual average Number average
Range of exercise prices outstanding life (years) exercise price exercisable exercise price
$$$
7.05 86,084 7.17 7.05 51,650 7.05
14.30 to 18.12 163,190 7.92 16.42 70,646 16.26
20.40 to 25.20 321,543 7.25 22.39 184,649 22.82
36.10 to 40.75 19,906 5.13 36.39 19,906 36.39
590,723 7.35 18.98 326,851 19.74
46
Cogeco Cable Inc. 2005
Notes to Consolidated Financial Statements