Intel 1996 Annual Report Download - page 58

Download and view the complete annual report

Please find page 58 of the 1996 Intel 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 74

  • 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

The range of exercise prices for options outstanding at December 28, 1996 was $4.79 to $131.19. The range of exercise prices for options is
wide due primarily to the increasing price of the Company's stock over the period of the grants.
The following tables summarize information about options outstanding at December 28, 1996:
- - ------------------------------------------------------------------------
December 25, 1993 64.8 83.6 $11.90
Grants (12.0) 12.0 $33.08
Exercises -- (8.8) $ 6.59
Cancellations 1.6 (1.6) $20.63
------ ------
December 31, 1994 54.4 85.2 $15.28
Grants (14.0) 14.0 $48.22
Exercises -- (10.7) $ 8.14
Cancellations 3.0 (3.0) $25.66
------ ------
December 30, 1995 43.4 85.5 $21.20
Grants (13.3) 13.3 $69.12
Exercises -- (11.9) $ 9.86
Cancellations 2.5 (2.5) $34.10
------ ------
December 28, 1996 32.6 84.4 $29.96
====== ======
Options exercisable at:
December 31, 1994 28.8 $ 7.54
December 30, 1995 29.1 $ 9.10
December 28, 1996 28.6 $11.44
Outstanding options
------------------------------------
Weighted
average Weighted
Number of contract- average
shares ual life exercise
Range of exercise prices (in millions) (in years) price
- - ------------------------------------------------------------------------
$4.79-$13.41 34.0 3.7 $10.26
$13.63-$36.13 25.3 6.7 $27.29
$38.91-$131.19 25.1 8.9 $59.12
------
Total 84.4 6.1 $29.96
======