Salesforce.com 2014 Annual Report Download - page 102

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Stock activity excluding the ESPP is as follows:
Options Outstanding
Shares
Available
for Grant
Outstanding
Stock
Options
Weighted-
Average
Exercise Price
Aggregate
Intrinsic Value
(in thousands)
Balance as of January 31, 2013 ....... 11,759,740 29,983,292 $26.60
Increase in shares authorized:
2004 Equity Incentive Plan . . 14,000,000 0 0.00
2013 Equity Incentive Plan . . 76,443,240 0 0.00
2010 EdgeSpring Plan ...... 124,859 0 0.00
2004 ExactTarget Plan ...... 136,986 0 0.00
2008 ExactTarget Plan ...... 3,202,185 0 0.00
Options granted under all plans . . . (10,866,107) 10,866,107 41.08
Restricted stock activity ......... (14,792,960)
Stock grants to board and advisory
board members .............. (210,320)
Exercised .................... 0 (9,932,832) 19.25
1999 Plan shares expired ........ (26,257,609) 0 0.00
Cancelled .................... 2,312,522 (2,312,522) 31.37
Balance as of January 31, 2014 ....... 55,852,536 28,604,045 $34.26 $751,314
Vested or expected to vest ........... 27,258,499 $33.81 $728,393
Exercisable as of January 31, 2014 .... 10,921,637 $26.45 $372,249
The total intrinsic value of the options exercised during fiscal 2014, 2013 and 2012 was $292.3 million,
$506.9 million and $224.9 million, respectively. The intrinsic value is the difference between the current market
value of the stock and the exercise price of the stock option.
The weighted-average remaining contractual life of vested and expected to vest options is approximately
3.8 years.
As of January 31, 2014, options to purchase 10,921,637 shares were vested at a weighted average exercise
price of $26.45 per share and had a remaining weighted-average contractual life of approximately 2.3 years. The
total intrinsic value of these vested options as of January 31, 2014 was $372.2 million.
The following table summarizes information about stock options outstanding as of January 31, 2014:
Options Outstanding Options Exercisable
Range of Exercise
Prices
Number
Outstanding
Weighted-Average
Remaining
Contractual Life
(Years)
Weighted-Average
Exercise Price
Number of
Shares
Weighted-Average
Exercise Price
$0.26 to $17.06 ....... 4,142,029 2.3 $10.93 3,400,198 $11.56
$17.83 to $27.06 ...... 4,952,072 3.9 25.61 2,022,376 25.97
$27.56 to $35.07 ...... 2,016,954 3.7 31.54 754,568 31.94
$35.63 .............. 4,424,751 1.8 35.63 3,129,209 35.63
$35.87 to $39.09 ...... 6,261,008 3.6 38.02 1,588,536 37.96
$40.19 to $52.14 ...... 898,060 5.7 42.90 26,750 42.11
$52.30 to $59.37 ...... 5,909,171 6.8 52.49 0 0.00
28,604,045 3.9 $34.26 10,921,637 $26.45
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