HPQ » Topics » Restricted Stock Awards

This excerpt taken from the HPQ 10-Q filed Mar 11, 2010.

Restricted Stock Awards

        Non-vested restricted stock awards as of January 31, 2010 and changes during the three months ended January 31, 2010 were as follows:

 
  Shares
(in thousands)
  Weighted-
Average Grant
Date Fair Value
Per Share
 

Outstanding at October 31, 2009

    6,864   $ 44  

Granted

    686   $ 50  

Vested

    (410 ) $ 41  

Forfeited

    (319 ) $ 43  
             

Outstanding at January 31, 2010

    6,821   $ 45  
             

        At January 31, 2010, there was $116 million of unrecognized pre-tax stock-based compensation expense related to non-vested restricted stock awards, which HP expects to recognize over the remaining weighted-average vesting period of 1.3 years.

10



HEWLETT-PACKARD COMPANY AND SUBSIDIARIES

Notes to Consolidated Condensed Financial Statements (Continued)

(Unaudited)

This excerpt taken from the HPQ 10-Q filed Jun 5, 2009.

Restricted Stock Awards

        Non-vested restricted stock awards as of April 30, 2009 and changes during the six months ended April 30, 2009 were as follows:

 
  Shares
(in thousands)
  Weighted-
Average Grant
Date Fair Value
 

Non-vested at October 31, 2008

    12,930   $ 44  

Granted

    552   $ 34  

Vested

    (4,497 ) $ 44  

Forfeited

    (562 ) $ 40  
             

Non-vested at April 30, 2009

    8,423   $ 44  
             

        At April 30, 2009, there was $187 million of unrecognized pre-tax stock-based compensation expense related to non-vested restricted stock awards, which HP expects to recognize over the remaining weighted-average period of 1.1 years.

This excerpt taken from the HPQ 10-Q filed Mar 10, 2009.

Restricted Stock Awards

        Non-vested restricted stock awards as of January 31, 2009 and changes during the three months ended January 31, 2009 were as follows:

 
  Shares
(in thousands)
  Weighted-
Average Grant
Date Fair Value
 

Non-vested at October 31, 2008

    12,930   $ 44  

Granted

    474   $ 35  

Vested

    (1,075 ) $ 42  

Forfeited

    (373 ) $ 40  
             

Non-vested at January 31, 2009

    11,956   $ 44  
             

        At January 31, 2009, there was $226 million of unrecognized pre-tax stock-based compensation expense related to non-vested restricted stock awards, which HP expects to recognize over the remaining weighted-average period of 1.2 years.

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