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What was the intrinsic value per share of the options exercised in 2008?

label Business
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What was the intrinsic value per share of the options exercised in 2008? options at-the-money

35.6 Million Shares Exercised in 2008 @ $19.42

2008 FV $5.74, Expected life 5 yrs, RiskFree Interest Rate 3%, Voltality 37%, Dividend Yield 2.7%

Jan 7th, 2015

($ in millions)  2008    2007  2006

Proceeds from stock options exercised

  $  4    $  45  $  135

Intrinsic value of stock options exercised

  2     47   124

Tax benefit related to stock-based compensation

  2     18   48

Excess tax benefits realized on stock-based compensation

  1     17   39

As of January 31, 2009, we had $47 million of unrecognized and unearned compensation expense, net of estimated forfeitures, for stock options not yet vested, which will be recognized as expense over the remaining weighted-average vesting period of approximately one year.


Jan 7th, 2015

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Jan 7th, 2015
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