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EQR » Topics » Note: The aggregate intrinsic values in Notes (1) and (2) above were both calculated as the excess between the Companys closing share price of $36.47 per share on December 31, 2007 and the strike price of the underlying awards.This excerpt taken from the EQR 8-K filed May 30, 2008. Note: The aggregate intrinsic
values in Notes (1) and (2) above were both calculated as the excess
between the Companys closing share price of $36.47 per share on December 31,
2007 and the strike price of the underlying awards.
As of December 31, 2006 and 2005, 6,567,868 Options (with a weighted average exercise price of $26.87) and 6,940,065 Options (with a weighted average exercise price of $25.65) were exercisable, respectively.
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