Pepsi 2013 Annual Report Download - page 109

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91
A summary of our stock-based compensation activity for the year ended December 28, 2013 is as follows:
Our Stock Option Activity
Options(a)
Average
Price(b)
Average
Life
(years)(c)
Aggregate
Intrinsic
Value(d)
Outstanding at December 29, 2012 68,145 $ 59.15
Granted 2,868 $ 76.39
Exercised (20,275) $ 55.31
Forfeited/expired (1,276) $ 64.65
Outstanding at December 28, 2013 49,462 $ 61.58 4.86 $ 1,045,116
Exercisable at December 28, 2013 37,858 $ 59.64 4.55 $ 873,257
Expected to vest as of December 28, 2013 11,159 $ 67.52 7.85 $ 169,498
(a) Options are in thousands and include options previously granted under PBG and PAS plans. No additional options or shares were granted
under the PBG and PAS plans after 2009.
(b) Weighted-average exercise price.
(c) Weighted-average contractual life remaining.
(d) In thousands.
Our RSU Activity
RSUs(a)
Average
Intrinsic
Value(b)
Average
Life
(years)(c)
Aggregate
Intrinsic
Value(d)
Outstanding at December 29, 2012 11,982 $ 65.60
Granted 4,231 $ 76.30
Converted (3,457) $ 66.38
Forfeited (817) $ 67.46
Outstanding at December 28, 2013 11,939 $ 69.04 1.37 $ 987,473
Expected to vest as of December 28, 2013 11,346 $ 68.45 1.21 $ 938,435
(a) RSUs are in thousands and include RSUs previously granted under the PBG plan. No additional RSUs or shares were granted under the
PBG plan after 2009.
(b) Weighted-average intrinsic value at grant date.
(c) Weighted-average contractual life remaining.
(d) In thousands.
Our PEPUnit Activity
PEPUnits(a)
Average
Intrinsic
Value(b)
Average
Life
(years)(c)
Aggregate
Intrinsic
Value(d)
Outstanding at December 29, 2012 368 $ 64.89
Granted 355 $ 68.48
Converted (48) $ 66.78
Forfeited —$ —
Outstanding at December 28, 2013 675 $ 66.65 1.70 $ 55,809
Expected to vest as of December 28, 2013 608 $ 66.55 1.69 $ 50,284
(a) PEPUnits are in thousands.
(b) Weighted-average intrinsic value at grant date.
(c) Weighted-average contractual life remaining.
(d) In thousands.