EYE » Topics » Stock Options

This excerpt taken from the EYE 10-Q filed Nov 5, 2008.

Stock Options

Stock options granted to employees are exercisable at a price equal to the fair market value of the common stock on the date of the grant and generally vest at a rate of 25% per year beginning twelve months after the date of grant. Grants under these plans expire ten years from the date of grant.

The Company issues new shares to satisfy option exercises.

 

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The following is a summary of stock option activity (in thousands, except per share amounts):

 

     Number of
Shares
    Weighted
Average
Exercise Price

Outstanding at December 31, 2007

   7,518     $ 27.95

Granted

   1,452       22.93

Exercised

   (213 )     10.49

Forfeitures, cancellations and expirations

   (258 )     36.14
        

Outstanding at September 26, 2008

   8,499     $ 27.29
        

Vested and expected to vest at September 26, 2008

   8,236     $ 27.11
        

Exercisable at September 26, 2008

   5,817     $ 25.37
        
This excerpt taken from the EYE 10-Q filed Aug 6, 2008.

Stock Options

Stock options granted to employees are exercisable at a price equal to the fair market value of the common stock on the date of the grant and generally vest at a rate of 25% per year beginning twelve months after the date of grant. Grants under these plans expire ten years from the date of grant.

The Company issues new shares to satisfy option exercises.

The following is a summary of stock option activity (in thousands, except per share amounts):

 

     Number of
Shares
    Weighted
Average
Exercise Price

Outstanding at December 31, 2007

   7,518     $ 27.95

Granted

   1,452       22.93

Exercised

   (188 )     10.28

Forfeitures, cancellations and expirations

   (203 )     38.42
        

Outstanding at June 27, 2008

   8,579     $ 27.26
        

Vested and expected to vest at June 27, 2008

   8,303     $ 27.07
        

Exercisable at June 27, 2008

   5,873     $ 25.30
        
This excerpt taken from the EYE 10-Q filed May 7, 2008.

Stock Options

Stock options granted to employees are exercisable at a price equal to the fair market value of the common stock on the date of the grant and generally vest at a rate of 25% per year beginning twelve months after the date of grant. Grants under these plans expire ten years from the date of grant.

The Company issues new shares to satisfy option exercises.

The following is a summary of stock option activity (in thousands, except per share amounts):

 

     Number of
Shares
    Weighted
Average
Exercise Price

Outstanding at December 31, 2007

   7,518     $ 27.95

Granted

   21       22.83

Exercised

   (134 )     9.90

Forfeitures, cancellations and expirations

   (103 )     37.96
        

Outstanding at March 28, 2008

   7,302     $ 28.14
        

Vested and expected to vest at March 28, 2008

   7,058     $ 27.71
        

Exercisable at March 28, 2008

   5,092     $ 22.83
This excerpt taken from the EYE 10-K filed Mar 3, 2008.

Stock Options

Stock options granted to employees are generally exercisable at a price equal to the fair market value of the common stock on the date of the grant and vest at a rate of 25% per year beginning twelve months after the date of grant. Grants under these plans expire ten years from the date of grant.

The following is a summary of stock option activity (in thousands, except per share amounts):

 

     Number of
Shares
    Weighted
Average
Exercise Price
   Weighted
Average
Remaining
Contractual
Term in Years
   Aggregate
Intrinsic Value

Outstanding at December 31, 2006

   7,628     $ 25.16      

Granted

   959       41.19      

Exercised

   (948 )     17.46      

Forfeitures, cancellations and expirations

   (121 )     37.86      
              

Outstanding at December 31, 2007

   7,518     $ 27.95    5.84    $ 35,570
                    

Vested and expected to vest at December 31, 2007

   7,263     $ 27.50    5.74    $ 35,570
                    

Exercisable at December 31, 2007

   5,272     $ 22.59    4.76    $ 35,565
                    

The aggregate intrinsic value in the table above represents the difference between the exercise price of the underlying awards and the quoted price of the Company’s common stock for the options that were in-the-money at December 31, 2007. As of December 31, 2007 and 2006, the aggregate intrinsic value of options exercised under the Company’s stock option plans was $19.8 million and $43.1 million determined as of the date of option exercise, respectively.

The following table summarizes information regarding options outstanding and options exercisable at December 31, 2007:

 

     Outstanding    Exercisable

Range of Exercise Prices

   Number of Options    Average Remaining
Contractual
Life (Years)
   Weighted Average
Exercise Price
   Number
of
Options
   Weighted Average
Exercise Price

$5.00—$14.99

   2,533,466    4.13    $ 10.75    2,533,466    $ 10.75

$15.00—$24.99

   421,059    3.58      23.70    413,059      23.69

$25.00—$34.99

   1,680,582    6.03      32.46    1,365,455      32.33

$35.00—$44.99

   2,231,237    7.86      39.83    787,149      38.45

$45.00—$50.99

   652,000    8.41      45.43    172,951      45.35
This excerpt taken from the EYE 10-Q filed Nov 8, 2007.

Stock Options

Stock options granted to employees are exercisable at a price equal to the fair market value of the common stock on the date of the grant and generally vest at a rate of 25% per year beginning twelve months after the date of grant. Grants under these plans expire ten years from the date of grant.

The Company issues new shares to satisfy option exercises.

The following is a summary of stock option activity (in thousands, except per share amounts):

 

     Number of
Shares
    Weighted
Average
Exercise Price
   Weighted
Average
Remaining
Contractual
Term in Years
   Aggregate
Intrinsic Value

Outstanding at December 31, 2006

   7,628     $ 25.16      

Granted

   907       41.79      

Exercised

   (901 )     17.70      

Forfeitures, cancellations and expirations

   (87 )     38.62      
              

Outstanding at September 28, 2007

   7,547     $ 27.89    6.10    $ 54,857
                    

Vested and expected to vest at September 28, 2007

   7,283     $ 27.42    6.02    $ 54,852
                    

Exercisable at September 28, 2007

   5,300     $ 22.44    5.07    $ 54,818
                    
This excerpt taken from the EYE 10-Q filed Nov 7, 2007.

Stock Options

Stock options granted to employees are exercisable at a price equal to the fair market value of the common stock on the date of the grant and generally vest at a rate of 25% per year beginning twelve months after the date of grant. Grants under these plans expire ten years from the date of grant.

The Company issues new shares to satisfy option exercises.

The following is a summary of stock option activity (in thousands, except per share amounts):

 

     Number of
Shares
    Weighted
Average
Exercise Price
   Weighted
Average
Remaining
Contractual
Term in Years
   Aggregate
Intrinsic Value

Outstanding at December 31, 2006

   7,628     $ 25.16      

Granted

   907       41.79      

Exercised

   (901 )     17.70      

Forfeitures, cancellations and expirations

   (87 )     38.62      
              

Outstanding at September 28, 2007

   7,547     $ 27.89    6.10    $ 54,857
                    

Vested and expected to vest at September 28, 2007

   7,283     $ 27.42    6.02    $ 54,852
                    

Exercisable at September 28, 2007

   5,300     $ 22.44    5.07    $ 54,818
                    
This excerpt taken from the EYE 10-Q filed Aug 8, 2007.

Stock Options

Stock options granted to employees are exercisable at a price equal to the fair market value of the common stock on the date of the grant and generally vest at a rate of 25% per year beginning twelve months after the date of grant. Grants under these plans expire ten years from the date of grant.

The Company issues new shares to satisfy option exercises.

The following is a summary of stock option activity (in thousands, except per share amounts):

 

     Number of
Shares
    Weighted
Average
Exercise Price
   Weighted
Average
Remaining
Contractual
Term in Years
   Aggregate
Intrinsic Value

Outstanding at December 31, 2006

   7,628     $ 25.16      

Granted

   883       42.13      

Exercised

   (813 )     17.47      

Forfeitures and cancellations

   (39 )     37.60      

Expirations

   (8 )     36.09      
              

Outstanding at June 29, 2007

   7,652     $ 27.85    6.43    $ 53,758
                    

Vested and expected to vest at June 29, 2007

   7,555       27.69    6.40    $ 54,336
                    

Exercisable at June 29, 2007

   5,397     $ 22.43    5.23    $ 67,197
                    
This excerpt taken from the EYE 10-Q filed May 9, 2007.

Stock Options

Stock options granted to employees are exercisable at a price equal to the fair market value of the common stock on the date of the grant and generally vest at a rate of 25% per year beginning twelve months after the date of grant. Grants under these plans expire ten years from the date of grant.

The Company issues new shares to satisfy option exercises.

The following is a summary of stock option activity (in thousands, except per share amounts):

 

     Number of
Shares
    Weighted
Average
Exercise Price
   Weighted
Average
Remaining
Contractual
Term in Years
   Aggregate
Intrinsic Value

Outstanding at December 31, 2006

   7,628     $ 25.16      

Granted

   18       38.34      

Exercised

   (310 )     19.26      

Forfeitures and cancellations

   (20 )     36.26      

Expirations

   (3 )     36.33      
              

Outstanding at March 30, 2007

   7,313       25.40    6.08    $ 86,306
                    

Vested and expected to vest at March 30, 2007

   7,205       25.21    6.09    $ 86,362
                    

Exercisable at March 30, 2007

   5,047     $ 19.87    5.23    $ 87,475
                    
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