TiVo 2008 Annual Report Download - page 82

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Table of Contents
The following table summarizes information about options outstanding at January 31, 2009:
Options Outstanding Exercisable Options
Range of Exercise Prices Number of Shares
Weighted Average
Remaining
Contractual Life
Weighted Average
Exercise Price Number of Shares
Weighted Average
Exercise Prices
$ 2.67 - $ 5.06 2,182,398 5.22 $ 4.02 2,059,618 $ 4.01
$ 5.07 - $ 6.02 1,622,599 5.84 $ 5.56 1,302,033 $ 5.53
$ 6.04 - $ 6.18 4,859,634 8.06 $ 6.18 1,898,023 $ 6.18
$ 6.21 - $ 6.52 3,981,256 5.00 $ 6.48 3,226,391 $ 6.47
$ 6.53 - $ 6.79 2,254,569 6.86 $ 6.71 1,625,765 $ 6.71
$ 6.80 - $ 7.93 2,148,446 6.40 $ 7.29 1,499,793 $ 7.26
$ 7.95 - $ 8.94 2,194,913 8.02 $ 8.85 671,370 $ 8.71
$ 9.00 - $ 11.20 759,426 3.96 $ 10.15 742,926 $ 10.18
$ 11.44 - $ 20.00 704,750 1.62 $ 18.26 704,750 $ 18.26
$ 21.00 - $ 35.75 359,250 1.32 $ 21.58 359,250 $ 21.58
Total 21,067,241 6.22 $ 7.22 14,089,919 $ 7.37
Net cash proceeds from the exercise of stock options were $9.2 million, $7.1 million, and $9.1 million for the twelve months ended January 31, 2009,
2008, and 2007, respectively. Information regarding stock options outstanding at January 31, 2009 is summarized as follows:
Shares
Weighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Term
Aggregate
Intrinsic
Value
(in thousands) (in thousands)
Shares outstanding 21,067 $ 7.22 6.23 $ 18,453
Shares vested and expected to vest* 19,888 $ 7.25 6.13 $ 17,614
Shares exercisable 14,090 $ 7.37 5.31 $ 13,750
* Options outstanding that are expected to vest are net of estimated future option forfeitures in accordance with the provisions of SFAS No. 123R
Restricted Stock Awards
The Company had 1.7 million restricted stock awards outstanding as of January 31, 2009, which were excluded from the options outstanding balances
in the preceding tables. The grant of these restricted stock awards has been deducted from the shares available for grant under the Company's stock option
plans. The total aggregate grant date fair value was $13.6 million. Aggregate intrinsic value of restricted stock awards at January 31, 2009 was $12.3 million
based on the Company's closing stock price on January 31, 2009. The total fair value of restricted stock awards vested was $2.4 million, $1.2 million, and
$1.3 million for the twelve months ended January 31, 2009, 2008, and 2007, respectively.
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