eFax 2015 Annual Report Download - page 96

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StockOptions
Stock option activity for the years ended December 31, 2015 , 2014 and 2013 is summarized as follows:
Number of Shares
Weighted-Average
Exercise Price
Weighted-Average
Remaining Contractual
Life (In Years)
Aggregate
Intrinsic
Value
Options outstanding at January 1, 2013 1,765,461
$ 22.08
Granted —
—
Exercised (569,204)
23.90
Canceled (20,600)
21.79
Options outstanding at December 31, 2013 1,175,657
$ 21.08
Granted —
—
Exercised (433,008)
15.70
Canceled (17,000)
29.85
Options outstanding at December 31, 2014 725,649
$ 24.29
Granted 62,000
67.35
Exercised (221,221)
22.41
Canceled —
—
Options outstanding at December 31, 2015 566,428
$ 29.74
4.3
$29,782,205
Exercisable at December 31, 2015 457,792
$ 24.78
3.5
$26,341,699
Vested and expected to vest at December 31, 2015 545,070
$ 28.53
4.2
$29,316,663
For the year ended December 31, 2015, j2 Global granted 62,000 options to purchase shares of common stock pursuant to the 2015 Plan. These stock options vest 20% per
year and expire 10 years from the date of grant.
The per share weighted-average grant-date fair values of stock options granted during the period ended December 31, 2015 was $15.22 . There were no stock options
granted during the years 2014 and 2013 .
The total intrinsic values of options exercised during the years ended December 31, 2015 , 2014 and 2013 were $10.5 million , $14.6 million and $11.9 million ,
respectively. The total fair value of options vested during the years ended December 31, 2015 , 2014 and 2013 was $0.7 million , $2.3 million and $3.1 million , respectively.
Cash received from options exercised under all share-based payment arrangements for the years ended December 31, 2015 , 2014 and 2013 was $5.0 million , $6.6 million
and $13.6 million , respectively. The actual tax benefit realized for the tax deductions from option exercises under the share-based payment arrangements totaled $3.7 million , $5.2
million and $3.9 million , respectively, for the years ended December 31, 2015 , 2014 and 2013 .
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