EBAY » Topics » Stock Option Activity

This excerpt taken from the EBAY 10-K filed Feb 17, 2010.

Stock Option Activity

The following table summarizes stock option activity under our equity incentive plans as of and for the year ended December 31, 2009 (in thousands, except per share amounts):

 

    Shares     Weighted
Average
Exercise
Price
  Weighted Average
Remaining
Contractual Term
(in years)
  Aggregate
Intrinsic
Value

Outstanding at January 1, 2009

  116,060      $ 29.79    

Granted and assumed

  9,877      $ 13.24    

Exercised

  (6,080   $ 8.27    

Options exchanged in connection with the stock option exchange program

  (42,630   $ 37.43    

Forfeited/expired/cancelled

  (23,179   $ 32.05    
               

Outstanding at December 31, 2009

  54,048      $ 22.28   4.52   $ 292,128
               

Expected to vest at December 31, 2009

  51,448      $ 22.62   4.41   $ 268,678

Options exercisable at December 31, 2009

  36,429      $ 25.18   3.67   $ 137,545

The aggregate intrinsic value was calculated as the difference between the exercise price of the underlying awards and the quoted price of our common stock. At December 31, 2009, options to purchase 25.7 million shares of common stock were in-the-money.

The weighted average grant-date fair value of options granted during the years 2007, 2008 and 2009 was $10.60, $7.46 and $4.59 respectively. During the years 2007, 2008 and 2009, the aggregate intrinsic value of options exercised under our equity incentive plans was $402.4 million, $83.0 million and $69.7 million, respectively, determined as of the date of option exercise.

 

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eBay Inc.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 

These excerpts taken from the EBAY 10-K filed Feb 20, 2009.
Stock Option Activity
 
The following table summarizes stock option activity under our equity incentive plans as of and for the year ended December 31, 2008 (in thousands, except per share amounts):
 
                                 
                Weighted Average
       
                Remaining
    Aggregate
 
          Weighted Average
    Contractual Term
    Intrinsic
 
    Shares     Exercise Price     (in years)     Value  
 
Outstanding at January 1, 2008
    117,861     $ 32.45                  
Granted and assumed
    23,277     $ 14.43                  
Exercised
    (7,477 )   $ 12.04                  
Forfeited/expired/cancelled
    (17,601 )   $ 35.19                  
                                 
Outstanding at December 31, 2008
    116,060     $ 29.79       4.71     $ 100,916  
                                 
Expected to vest at December 31, 2008
    111,643     $ 30.06       4.64     $ 90,229  
Options exercisable at December 31, 2008
    85,097     $ 31.42       4.20     $ 40,770  
 
The aggregate intrinsic value was calculated as the difference between the exercise price of the underlying awards and the quoted price of our common stock. At December 31, 2008, 14.3 million options were in-the-money.
 
The weighted average grant-date fair value of options granted during the years 2006, 2007 and 2008 was $10.47, $10.60 and $7.46, respectively. During the years 2006, 2007 and 2008, the aggregate intrinsic value of options exercised under our equity incentive plans was $283.6 million, $402.4 million and $83.0 million, respectively, determined as of the date of option exercise.
 
Stock
Option Activity



 



The following table summarizes stock option activity under our
equity incentive plans as of and for the year ended
December 31, 2008 (in thousands, except per share amounts):


 


































































































































































































































































                                 

 

 

 

 

 

 

 

 

Weighted Average



 

 

 

 

 

 

 

 

 

 

 

 

Remaining



 

 

Aggregate



 

 

 

 

 

 

Weighted Average



 

 

Contractual Term



 

 

Intrinsic



 

 

 

Shares

 

 

Exercise Price

 

 

(in years)

 

 

Value

 
 


Outstanding at January 1, 2008


 

 

117,861

 

 

$

32.45

 

 

 

 

 

 

 

 

 


Granted and assumed


 

 

23,277

 

 

$

14.43

 

 

 

 

 

 

 

 

 


Exercised


 

 

(7,477

)

 

$

12.04

 

 

 

 

 

 

 

 

 


Forfeited/expired/cancelled


 

 

(17,601

)

 

$

35.19

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Outstanding at December 31, 2008


 

 

116,060

 

 

$

29.79

 

 

 

4.71

 

 

$

100,916

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Expected to vest at December 31, 2008


 

 

111,643

 

 

$

30.06

 

 

 

4.64

 

 

$

90,229

 


Options exercisable at December 31, 2008


 

 

85,097

 

 

$

31.42

 

 

 

4.20

 

 

$

40,770

 






 



The aggregate intrinsic value was calculated as the difference
between the exercise price of the underlying awards and the
quoted price of our common stock. At December 31, 2008,
14.3 million options were in-the-money.


 



The weighted average grant-date fair value of options granted
during the years 2006, 2007 and 2008 was $10.47, $10.60 and
$7.46, respectively. During the years 2006, 2007 and 2008, the
aggregate intrinsic value of options exercised under our equity
incentive plans was $283.6 million, $402.4 million and
$83.0 million, respectively, determined as of the date of
option exercise.


 




These excerpts taken from the EBAY 10-K filed Feb 29, 2008.
Stock Option Activity
 
The following table summarizes stock option activity under our equity incentive plans as of and for the year ended December 31, 2007 (in thousands, except per share amounts):
 
                                 
                Weighted Average
       
                Remaining
       
          Weighted Average
    Contractual Term
    Aggregate
 
    Shares     Exercise Price     (in years)     Intrinsic Value  
 
Outstanding at January 1, 2007
    136,614     $ 30.53                  
Granted and assumed
    20,736       31.29                  
Exercised
    (24,907 )     18.27                  
Forfeited/expired/cancelled
    (14,581 )     37.05                  
                                 
Outstanding at December 31, 2007
    117,862       32.45       5.72     $ 489,480  
                                 
Vested and expected to vest at December 31, 2007
    105,819       32.15       5.68       471,378  
Options exercisable at December 31, 2007
    75,649       30.93       5.48       428,021  
 
The aggregate intrinsic value was calculated as the difference between the exercise price of the underlying awards and the quoted price of our common stock. At December 31, 2007, 54.9 million options were in-the-money.
 
The weighted average grant-date fair value of options granted during the years 2005, 2006 and 2007 was $11.70, $10.47 and $10.60, respectively. During the years 2005, 2006 and 2007, the aggregate intrinsic value of options exercised under our equity incentive plans was $719.2 million, $283.6 million and $402.4 million, respectively, determined as of the date of option exercise. As of December 31, 2007, there was approximately $327.4 million of total unrecognized compensation cost related to stock options granted under our equity incentive plans. That cost is expected to be recognized over a weighted-average period of two years.
 
Stock
Option Activity



 



The following table summarizes stock option activity under our
equity incentive plans as of and for the year ended
December 31, 2007 (in thousands, except per share amounts):


 


































































































































































































































































                                 

 

 

 

 

 

 

 

 

Weighted Average



 

 

 

 

 

 

 

 

 

 

 

 

Remaining



 

 

 

 

 

 

 

 

 

Weighted Average



 

 

Contractual Term



 

 

Aggregate



 

 

 

Shares

 

 

Exercise Price

 

 

(in years)

 

 

Intrinsic Value

 
 


Outstanding at January 1, 2007


 

 

136,614

 

 

$

30.53

 

 

 

 

 

 

 

 

 


Granted and assumed


 

 

20,736

 

 

 

31.29

 

 

 

 

 

 

 

 

 


Exercised


 

 

(24,907

)

 

 

18.27

 

 

 

 

 

 

 

 

 


Forfeited/expired/cancelled


 

 

(14,581

)

 

 

37.05

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Outstanding at December 31, 2007


 

 

117,862

 

 

 

32.45

 

 

 

5.72

 

 

$

489,480

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Vested and expected to vest at December 31, 2007


 

 

105,819

 

 

 

32.15

 

 

 

5.68

 

 

 

471,378

 


Options exercisable at December 31, 2007


 

 

75,649

 

 

 

30.93

 

 

 

5.48

 

 

 

428,021

 






 



The aggregate intrinsic value was calculated as the difference
between the exercise price of the underlying awards and the
quoted price of our common stock. At December 31, 2007,
54.9 million options were in-the-money.


 



The weighted average grant-date fair value of options granted
during the years 2005, 2006 and 2007 was $11.70, $10.47 and
$10.60, respectively. During the years 2005, 2006 and 2007, the
aggregate intrinsic value of options exercised under our equity
incentive plans was $719.2 million, $283.6 million and
$402.4 million, respectively, determined as of the date of
option exercise. As of December 31, 2007, there was
approximately $327.4 million of total unrecognized
compensation cost related to stock options granted under our
equity incentive plans. That cost is expected to be recognized
over a weighted-average period of two years.


 




This excerpt taken from the EBAY 10-K filed Feb 28, 2007.
Stock Option Activity
 
The following table summarizes stock option activity under our equity incentive plans as of and for the year ended December 31, 2006 (in thousands, except per share amounts):
 
                             
                Weighted Average
     
                Remaining
     
          Weighted Average
    Contractual Term
  Aggregate
 
    Shares     Exercise Price     (in years)   Intrinsic Value  
 
Outstanding at January 1, 2006
    129,109     $ 28.19              
Granted and assumed
    38,834       35.07              
Exercised
    (16,233 )     16.58              
Forfeited/expired/cancelled
    (15,096 )     37.17              
                             
Outstanding at December 31, 2006
    136,614       30.53     6.62   $ 644,148  
                             
Vested and expected to vest at December 31, 2006
    128,697       30.17     6.59     637,311  
Options exercisable at December 31, 2006
    75,569       26.23     6.23     576,802  
 
The aggregate intrinsic value was calculated as the difference between the exercise price of the underlying awards and the quoted price of our common stock for the 61.6 million options that were in-the-money at December 31, 2006.
 
The weighted average grant-date fair value of options granted during the years 2004, 2005 and 2006 was $12.12, $11.70 and $10.47, respectively. During the years 2004, 2005 and 2006, the aggregate intrinsic value of options exercised under our equity incentive plans was $1,017.3 million, $719.2 million and $283.6 million, respectively, determined as of the date of option exercise. As of December 31, 2006, there was approximately $395.1 million of total unrecognized compensation cost related to stock options granted under our equity incentive plans. That cost is expected to be recognized over a weighted-average period of three years.
 
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