Eli Lilly and Company (LLY)

PAs are granted to officers and management and are payable in shares of our common stock. The number of PA shares actually issued, if any, varies depending on the achievement of certain pre-established earnings-per-share targets. In 2009, we granted both a one-year and a two-year award to all global management as a transition to a two-year performance period for all PAs granted beginning in 2010. PA shares are accounted for at fair value based upon the closing stock price on the date of grant and fully vest at the end of the fiscal year of the grant. The fair values of performance awards granted in 2009 were $36.17 for the one-year award and $34.12 for the two-year award. The fair values of PAs granted in 2008 and 2007 were $51.22 and $54.23, respectively. The number of shares ultimately issued for the performance award program is dependent upon the earnings achieved during the vesting period. Pursuant to this plan, approximately 2.8 million shares, 2.5 million shares, and 2.3 million shares were issued in 2009, 2008, and 2007, respectively. Approximately 4.4 million shares are expected to be issued in 2010. As of December 31, 2009, the total remaining unrecognized compensation cost related to nonvested PAs amounted to $88.8 million, which will be amortized over the weighted-average remaining requisite service period of 12.0 months.

 

 

Performance awards (PAs) are granted to officers and management and are payable in shares of our common stock. The number of PA shares actually issued, if any, varies depending on the achievement of certain pre-established earnings-per-share targets over a one-year period. PA shares are accounted for at fair value based upon the closing stock price on the date of grant and fully vest at the end of the fiscal year of the grant. The fair values of performance awards granted in 2008, 2007, and 2006 were $51.22, $54.23, and $56.18, respectively. The number of shares ultimately issued for the performance award program is dependent upon the earnings achieved during the vesting period. Pursuant to this plan, approximately 2.5 million shares, 2.3 million shares, and 1.7 million shares were issued in 2008, 2007, and 2006, respectively. Approximately 2.8 million shares are expected to be issued in 2009.

 

 

Performance awards (PAs) are granted to officers and management
and are payable in shares of our common stock. The number of PA
shares actually issued, if any, varies depending on the
achievement of certain pre-established
earnings-per-share
targets over a one-year period. PA shares are accounted for at
fair value based upon the closing stock price on the date of
grant and fully vest at the end of the fiscal year of the grant.
The fair values of performance awards granted in 2008, 2007, and
2006 were $51.22, $54.23, and $56.18, respectively. The number
of shares ultimately issued for the performance award program is
dependent upon the earnings achieved during the vesting period.
Pursuant to this plan, approximately 2.5 million shares,
2.3 million shares, and 1.7 million shares were issued
in 2008, 2007, and 2006, respectively. Approximately
2.8 million shares are expected to be issued in 2009.

 

 

Performance awards (PAs) are granted to officers and management and are payable in shares of our common stock. The number of PA shares actually issued, if any, varies depending on the achievement of certain pre-established earnings-per-share targets over a one-year period. PA shares are accounted for at fair value based upon the closing stock price on the date of grant and fully vest at the end of the fiscal year of the grant. The fair values of performance awards granted in 2007, 2006, and 2005 were $54.23, $56.18, and $55.65, respectively. The number of shares ultimately issued for the performance award program is dependent upon the earnings achieved during the vesting period. Pursuant to this plan, approximately 2.3 million shares, 1.7 million shares, and 0.5 million shares were issued in 2007, 2006, and 2005, respectively. Approximately 2.4 million shares are expected to be issued in 2008.

 

 

Performance awards (PAs) are granted to officers and management
and are payable in shares of our common stock. The number of PA
shares actually issued, if any, varies depending on the
achievement of certain pre-established
earnings-per-share
targets over a one-year period. PA shares are accounted for at
fair value based upon the closing stock price on the date of
grant and fully vest at the end of the fiscal year of the grant.
The fair values of performance awards granted in 2007, 2006, and
2005 were $54.23, $56.18, and $55.65, respectively. The number
of shares ultimately issued for the performance award program is
dependent upon the earnings achieved during the vesting period.
Pursuant to this plan, approximately 2.3 million shares,
1.7 million shares, and 0.5 million shares were issued
in 2007, 2006, and 2005, respectively. Approximately
2.4 million shares are expected to be issued in 2008.

 

 

Performance awards (PAs) are granted to officers and management and are payable in shares of our common stock. The number of PA shares actually issued, if any, varies depending on the achievement of certain pre-established earnings-per-share targets over a one-year period. PA shares are accounted for at fair value based upon the closing stock price on the date of grant and fully vest at the end of the fiscal year of the grant. The fair values of performance awards granted in 2007, 2006, and 2005 were $54.23, $56.18, and $55.65, respectively. The number of shares ultimately issued for the performance award program is dependent upon the earnings achieved during the vesting period. Pursuant to this plan, approximately 2.3 million shares, 1.7 million shares, and 0.5 million shares were issued in 2007, 2006, and 2005, respectively. Approximately 2.4 million shares are expected to be issued in 2008.

 

 

Performance awards (PAs) are granted to officers and management
and are payable in shares of our common stock. The number of PA
shares actually issued, if any, varies depending on the
achievement of certain pre-established
earnings-per-share
targets over a one-year period. PA shares are accounted for at
fair value based upon the closing stock price on the date of
grant and fully vest at the end of the fiscal year of the grant.
The fair values of performance awards granted in 2007, 2006, and
2005 were $54.23, $56.18, and $55.65, respectively. The number
of shares ultimately issued for the performance award program is
dependent upon the earnings achieved during the vesting period.
Pursuant to this plan, approximately 2.3 million shares,
1.7 million shares, and 0.5 million shares were issued
in 2007, 2006, and 2005, respectively. Approximately
2.4 million shares are expected to be issued in 2008.