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NVIDIA CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Continued)
The following summarizes the transactions under the 1998 Plan, 2000 Plan, 1999 Plan, 2004 Plan and Directors' Plan:
Options Available for
Grant Options Outstanding
Weighted Average
Exercise Price Per
Share
Balances, January 25, 2004 57,914,062 85,533,410 $ 7.10
Authorized − − −
Granted (17,029,852) 17,029,852 11.74
Exercised − (6,103,750) 4.10
Cancelled 4,139,198 (4,139,198) 9.41
Balances, January 30, 2005 45,023,408 92,320,314 $ 8.05
Authorized − −
Granted (16,417,786) 16,417,786 13.87
Exercised − (18,074,266) 5.95
Cancelled 2,705,354 (2,705,354) 10.29
Balances, January 29, 2006 31,310,976 87,958,480 $ 9.50
Authorized 1,091,383 − −
Granted and assumed (12,539,612) 12,539,612 29.60
Exercised − (24,585,893) 8.01
Cancelled 1,917,537 (1,917,537) 13.42
Balances, January 28, 2007 21,780,284 73,994,662 $ 13.29
The following table summarizes the options outstanding, options vested and expected to vest and options exercisable as of
January 28, 2007:
Options
Outstanding
Weighted
Average
Exercise Price
Per Share
Weighted
Average
Remaining
Contractual
Term (in years) Aggregate
Intrinsic Value(1)
Options outstanding 73,994,662 $ 13.29 3.77 $ 1,363,448,818
Options vested and expected to vest 66,365,198 $ 12.40 3.70 $ 1,282,391,307
Options exercisable 42,212,234 $ 9.30 3.25 $ 943,461,713
(1) The aggregate intrinsic value in the table above represents the total pre−tax intrinsic value for in−the−money options at January 28,
2007, based on the $31.47 closing stock price of our common stock on the NASDAQ Global Select Market, which would have been
received by the option holders had all option holders exercised their options as of that date. The total number of in−the−money options
outstanding and exercisable as of January 28, 2007 was 72.2 million shares and 41.9 million shares, respectively.
73
Source: NVIDIA CORP, 10−K, March 16, 2007