Huntington National Bank 2012 Annual Report Download - page 166

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158
The following table summarizes the status of Huntington's restricted stock units and performance share awards as of December
31, 2012, and activity for the year ended December 31, 2012:
Weighted- Weighted-
Average Average
Restricted Grant Date Performance Grant Date
Stoc
k
Fair Value Share Fair Value
(amounts in thousands, except per share amounts) Units Per Share Awards Per Share
N
onveste
d
at January 1, 2012 7,591 $ 6.09 --- $ ---
Granted 2,994 6.68 694 6.77
Vested (1,647) 5.53 --- ---
Forfeited (454) 6.24 --- ---
Nonvested at December 31, 2012 8,484 $ 6.40 694 $ 6.77
The weighted-average grant date fair value of nonvested shares granted for the years ended December 31, 2012, 2011 and 2010,
were $6.69, $6.24, and $6.15, respectively. The total fair value of awards vested during the years ended December 31, 2012, 2011,
and 2010, was $9.1 million, $11.2 million, and $3.0 million, respectively. As of December 31, 2012, the total unrecognized
compensation cost related to nonvested awards was $32.8 million with a weighted-average expense recognition period of 2.0 years.
The following table presents additional information regarding options outstanding as of December 31, 2012:
(amounts in thousands, except years and per share amounts) Options Outstanding Exercisable Options
Weighted-
Average Weighted- Weighted-
Remaining Average Average
Range of Contractual Exercise Exercise
Exercise Prices Shares Life (Years) Price Shares Price
$0 to $5.63 2,968 3.8 $ 4.54 2,201 $ 4.39
$5.64 to $6.02 10,120 5.6 6.02 3,373 6.02
$6.03 to $15.95 8,600 5.5 6.75 2,383 6.91
$15.96 to $24.56 5,080 1.1 20.65 5,080 20.65
Total 26,768 4.5 $ 8.87 13,037 $ 11.61