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TABLE OF CONTENTS
STAMPS.COM INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
ThefollowingtablessummarizeinformationconcerningoutstandingandexercisableoptionsatDecember31,2015(inthousands,
exceptnumberofyearsandpershareamounts):
Options Outstanding Options Exercisable
Range of Exercise Prices
Number
Outstanding
Weighted
Average
Remaining
Contractual
Life (in Years)
Weighted
Average
Exercise
Price per
Share
Number
Exercisable
Weighted
Average
Exercise
Price per
Share
$0.00-$9.99 21  3.3 $ 9.17 21 $ 9.17
$10.00-$19.99 298  4.8 12.57 298  12.57
$20.00-$29.99 123  6.6 26.07 87  25.51
$30.00-$39.99 1,944  8.7 32.57 720  32.65
$40.00-$49.99 100  8.6 45.28 26  44.80
$50.00-$59.99 127  9.2 58.25 30  58.25
$60.00-$69.99 230  9.3 65.92 8  66.30
$70.00-$70.99 249  9.6 73.29 16  71.10
$100.00-$109.99 14  9.9 101.32 —  —
$0.00-$100.99 3,106  8.3 $ 37.75 1,206 $ 28.40
Thefollowingtablesummarizesstockoptionactivityfor2015:
Number of
Stock
Options
(in thousands)
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Life
(in years)
Aggregate
Intrinsic
Value
(in thousands)
OutstandingatDecember31,2014 2,969 $ 28.91 
Granted 694 65.96 
Exercised (459) 23.73 
Forfeitedorexpired (98) 37.43 
BalanceatDecember31,2015 3,106 $ 37.75  8.3 $ 223,214
ExercisableatDecember31,2015 1,206 $ 28.40  7.5 $ 97,944
Theaggregateintrinsicvalueinthetableaboverepresentsthetotalpretaxintrinsicvalue,basedonourclosingstockpriceof
$109.61atDecember31,2015,thelasttradingdayof2015,whichwouldhavebeenreceivedbyawardholdershadallawardholders
exercisedtheirawardsthatwerein-the-moneyasofthatdate.
Theweightedaveragegrantdatefairvalueofoptionsgrantedduring2015,2014and2013was$23.19,$11.87and$13.48,
respectively.Theweightedaveragegrantdatefairvalueofoptionsvestedduring2015,2014and2013was$12.46,$8.44and$5.47,
respectively.Thetotalintrinsicvalueofoptionsexercisedduring2015,2014and2013wasapproximately$39.4million,$6.4million
and$24.0million,respectively.
Thefollowingtablesummarizesthestatusofournon-vestedstockoptionsasofDecember31,2015:
Non-vested
Number of
Stock
Options
(in thousands)
Weighted
Average
Grant Date
Fair Value
Non-vestedatDecember31,2014 2,163 $ 11.84
Granted 694  23.19
Vested (858)  12.46
Forfeited/Cancelled (99)  13.37
Non-vestedatDecember31,2015 1,900 $ 29.62
F-30