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This excerpt taken from the AMZN 10-K filed Jan 29, 2010. Stock Award Activity We granted restricted stock units representing 6.0 million, 7.3 million, 7.6 million shares of common stock during 2009, 2008, and 2007 with a per share weighted average fair value of $79.24, $72.21, and $47.04.
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Table of ContentsAMAZON.COM, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
The following summarizes our restricted stock unit activity (in millions):
Scheduled vesting for outstanding restricted stock units at December 31, 2009 is as follows (in millions):
As of December 31, 2009, there was $415 million of net unrecognized compensation cost related to unvested stock-based compensation arrangements. This compensation is recognized on an accelerated basis resulting in approximately half of the compensation expected to be expensed in the next twelve months, and has a weighted average recognition period of 1.2 years. During 2009 and 2008, the fair value of restricted stock units that vested was $551 million and $362 million. As matching contributions under our 401(k) savings plan, we granted 0.1 million shares of common stock in both 2009 and 2008. Shares granted as matching contributions under our 401(k) plan are included in outstanding common stock when issued. This excerpt taken from the AMZN 10-Q filed Apr 24, 2009. Stock Award Activity We granted stock awards, which consist primarily of restricted stock units, representing 0.6 and 1.0 million shares of common stock during Q1 2009 and Q1 2008 with a per share weighted average fair value of $58.74 and $74.72. Our annual stock awards are granted in the second quarter. Common shares underlying outstanding stock awards were as follows:
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Table of ContentsCommon shares outstanding plus shares underlying outstanding stock options and restricted stock units totaled 447 million and 446 million at March 31, 2009 and December 31, 2008. These totals include all stock-based awards outstanding, without regard for estimated forfeitures, consisting of vested and unvested awards, and in-the-money and out-of-the-money stock options. The following table summarizes our restricted stock unit activity for the three months ended March 31, 2009 (in millions):
Scheduled vesting for outstanding restricted stock units at March 31, 2009 is as follows (in millions):
As of March 31, 2009, there was $327 million of net unrecognized compensation cost related to unvested stock-based compensation arrangements. This compensation is recognized on an accelerated basis resulting in approximately half of the compensation expected to be expensed in the next twelve months and has a weighted average recognition period of 1.2 years. This excerpt taken from the AMZN 10-K filed Jan 30, 2009. Stock Award Activity We granted stock awards, which consist primarily of restricted stock units, representing 7.3 million, 7.6 million, 9.1 million shares of common stock during 2008, 2007, and 2006 with a per share weighted average fair value of $72.21, $47.04, and $36.48. Common shares underlying outstanding stock awards were as follows:
Common shares outstanding (which includes restricted stock), plus shares underlying outstanding stock options and restricted stock units totaled 446 million, 435 million, and 436 million at December 31, 2008, 2007 and 2006. These totals include all stock-based awards outstanding, without regard for estimated forfeitures, consisting of vested and unvested awards and in-the-money and out-of-the-money stock options. Common shares outstanding increased in 2008 due to vesting of restricted stock units, exercises of stock options, and matching contributions under our 401(k) savings plan, offset by repurchases of our common stock. The following summarizes our restricted stock unit activity (in millions):
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Table of ContentsAMAZON.COM, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Scheduled vesting for outstanding restricted stock units at December 31, 2008 is as follows (in millions):
As matching contributions under our 401(k) savings plan, we granted 0.1 million shares of common stock in both 2008 and 2007. Shares granted as matching contributions under our 401(k) plan are included in outstanding common stock when issued. As of December 31, 2008, there was $357 million of net unrecognized compensation cost related to unvested stock-based compensation arrangements. This compensation is recognized on an accelerated basis resulting in approximately half of the compensation expected to be expensed in the next twelve months, and has a weighted average recognition period of 1.3 years. During 2008 and 2007, the fair value of restricted stock units vested was $362 million and $224 million. This excerpt taken from the AMZN 10-Q filed Oct 22, 2008. Stock Award Activity We granted restricted stock units representing 0.9 million and 0.4 million shares of common stock during Q3 2008 and Q3 2007 with a per share weighted average fair value of $76.59 and $84.06. For the nine months ended September 30, 2008 and 2007, we granted restricted stock units representing 6.4 million and 7.3 million shares of common stock with a per share weighted average fair value of $75.06 and $45.85. Our annual stock awards are granted in the second quarter. Common shares underlying outstanding stock awards were as follows:
Common shares outstanding (which includes restricted stock), plus shares underlying outstanding stock options and restricted stock units totaled 448 million and 435 million at September 30, 2008 and December 31, 2007. These totals include all stock-based awards outstanding, without regard for estimated forfeitures, consisting of vested and unvested awards, and in-the-money and out-of-the-money stock options. The following table summarizes our restricted stock unit activity for the nine months ended September 30, 2008 (in millions):
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Table of ContentsScheduled vesting for outstanding restricted stock units at September 30, 2008 is as follows (in millions):
As of September 30, 2008, there was $378 million of net unrecognized compensation cost related to unvested stock-based compensation arrangements. This compensation is recognized on an accelerated basis resulting in approximately half of the compensation expected to be expensed in the next twelve months and has a weighted average recognition period of 1.3 years. This excerpt taken from the AMZN 10-Q filed Jul 25, 2008. Stock Award Activity We granted restricted stock units representing 4.5 million and 5.8 million shares of common stock during Q2 2008 and Q2 2007 with a per share weighted average fair value of $74.82 and $44.34. For the six months ended June 30, 2008 and 2007, we granted restricted stock units representing 5.4 million and 6.9 million shares of common stock with a per share weighted average fair value of $74.80 and $43.43. Our annual stock awards are granted in the second quarter. Common shares underlying outstanding stock awards were as follows:
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Table of ContentsCommon shares outstanding (which includes restricted stock), plus shares underlying outstanding stock options and restricted stock units totaled 446 million and 435 million at June 30, 2008 and December 31, 2007. These totals include all stock-based awards outstanding, without regard for estimated forfeitures, consisting of vested and unvested awards, and in-the-money and out-of-the-money stock options. The following table summarizes our restricted stock unit activity for the six months ended June 30, 2008 (in millions):
Scheduled vesting for outstanding restricted stock units at June 30, 2008 is as follows (in millions):
As of June 30, 2008, there was $396 million of net unrecognized compensation cost related to unvested stock-based compensation arrangements. This compensation is recognized on an accelerated basis resulting in approximately half of the compensation expected to be expensed in the next twelve months and has a weighted average recognition period of 1.4 years. This excerpt taken from the AMZN 10-Q filed Apr 25, 2008. Stock Award Activity We granted restricted stock units representing 1.0 million shares of common stock during both Q1 2008 and Q1 2007 with a per share weighted average fair value of $74.72 and $38.37. Our annual stock awards are granted in the second quarter. Common shares underlying outstanding stock awards were as follows:
Common shares outstanding (which includes restricted stock), plus shares underlying outstanding stock options and restricted stock units totaled 435 million at both March 31, 2008 and December 31, 2007. These totals include all stock-based awards outstanding, without regard for estimated forfeitures, consisting of vested and unvested awards, and in-the-money and out-of-the-money stock options. The following table summarizes our restricted stock unit activity for the three months ended March 31, 2008 (in millions):
Scheduled vesting for outstanding restricted stock units at March 31, 2008 is as follows (in millions):
As of March 31, 2008, there was $250 million of net unrecognized compensation cost related to unvested stock-based compensation arrangements. This compensation is recognized on an accelerated basis resulting in approximately half of the compensation expected to be expensed in the next twelve months and has a weighted average recognition period of 1.1 years. This excerpt taken from the AMZN 10-K filed Feb 11, 2008. Stock Award Activity We granted stock awards, which consist primarily of restricted stock units, representing 7.6 million, 9.1 million, and 6.0 million shares of common stock during 2007, 2006, and 2005 with a per share weighted average fair value of $47.04, $36.48, and $36.50. Common shares underlying outstanding stock awards were as follows:
Common shares outstanding (which includes restricted stock), plus shares underlying outstanding stock options and restricted stock units totaled 435 million, 436 million, and 438 million at December 31, 2007, 2006 and 2005. These totals include all stock-based awards outstanding, without regard for estimated forfeitures, consisting of vested and unvested awards and in-the-money and out-of-the-money stock options. Common shares outstanding decreased in both 2007 and 2006 due to repurchases of common stock, offset by exercises of stock options, vesting of restricted stock units, and matching contributions under our 401(k) savings plan. The following summarizes our restricted stock unit activity (in millions):
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Table of ContentsAMAZON.COM, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Scheduled vesting for outstanding restricted stock units at December 31, 2007 is as follows (in millions):
As matching contributions under our 401(k) savings plan, we granted 0.09 million and 0.15 million shares of common stock for years ended 2007 and 2006. Shares granted as matching contributions under our 401(k) plan are included in outstanding common stock when issued. As of December 31, 2007, there was $252 million of net unrecognized compensation cost related to unvested stock-based compensation arrangements. This compensation is recognized on an accelerated basis resulting in approximately half of the compensation expected to be expensed in the next twelve months, and has a weighted average recognition period of 1.2 years. During 2007 and 2006, the fair value of restricted stock units vested was $224 million and $68 million. | EXCERPTS ON THIS PAGE:
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