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HPQ » Topics » PerformanceShare and EDS Global Share Plans

This excerpt taken from the HPQ 8-K filed Nov 12, 2008.

PerformanceShare and EDS Global Share Plans

 

PerformanceShare and Global Share are “broad-based” plans that permit the grant of stock options to any eligible employee of EDS or its participating subsidiaries other than executive officers. As of December 31, 2007, options for 16.0 million shares had been granted under PerformanceShare (principally in a broad-based grant in May 1997) and options for 25.9 million shares had been granted under Global Share (principally in two broad-based grants in July 2000 and February 2002). The number of shares originally authorized for issuance under PerformanceShare and Global Share is 20 million and 27 million, respectively. As of December 31, 2007, no shares were available for future issuance under these plans.

 

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