Graco 2008 Annual Report Download - page 66

Download and view the complete annual report

Please find page 66 of the 2008 Graco 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.

Page out of 78

  • 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

Newell Rubbermaid Inc. 2008 Annual Report
64
The following summarizes the changes in the number of shares of common stock under option for the following periods (shares and aggregate
intrinsic value in millions):
Weighted Weighted
Weighted Exercisable Average Average Fair Value Aggregate
Average at End Exercise of Options Granted Intrinsic
Shares Exercise Price of Year Price During the Year Value
Outstanding at December 31, 2005 13.2 $27 5.8 $29
Granted 3.2 25 $7
Exercised (0.8) 24 $ 3.5
Forfeited / expired (1.5) 27
Outstanding at December 31, 2006 14.1 $26 6.8 $28 $52.2
Granted 4.3 30 $7
Exercised (0.9) 25 $ 3.4
Forfeited / expired (1.5) 29
Outstanding at December 31, 2007 16.0 $27 7.3 $27 $19.7
Granted 4.7 22 $4
Exercised (0.1) 23 $ 0.1
Forfeited / expired (4.2) 27
Outstanding at December 31, 2008 16.4 $26 6.6 $27 $ —
Vested and expected to vest at December 31, 2008 14.9 $26
At December 31, 2008, the aggregate intrinsic value of exercisable options was zero.
The weighted average remaining contractual life for options outstanding and options exercisable was 7 years and 5 years, respectively, as of
December 31, 2008.
The following table summarizes the changes in the number of shares of restricted stock and restricted stock units for the following periods
(shares in millions):
Weighted-average grant
Shares date fair value
Outstanding at December 31, 2005 1.0 $23
Granted 1.5 24
Forfeited (0.3) 24
Outstanding at December 31, 2006 2.2 $24
Granted 1.2 30
Vested (0.5) 23
Forfeited (0.3) 24
Outstanding at December 31, 2007 2.6 $26
Granted 1.4 20
Vested (0.4) 23
Forfeited (0.4) 26
Outstanding at December 31, 2008 3.2 $24
Expected to vest at December 31, 2008 2.9 $24