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MRO » Topics » The following is a summary of stock option award activity:

This excerpt taken from the MRO 10-Q filed Aug 7, 2007.

The following is a summary of stock option award activity:

 

Number
of Shares

 

Weighted
Average
Exercise Price

 

Outstanding at December 31, 2006 (a)

 

10,990,990

 

$

24.72

 

Granted

 

3,045,800

 

$

61.05

 

Exercised

 

(1,252,232

)

$

20.72

 

Canceled

 

(105,986

)

$

30.19

 

Outstanding at June 30, 2007 (b)

 

12,678,572

 

$

33.79

 

(a)   Restated for the June 18, 2007 two-for-one stock split, which was effected a through a stock dividend.

(b)   Of the stock option awards outstanding as of June 30, 2007, 3,045,800, 8,997,502, and 635,270 were outstanding under the 2007 Incentive Compensation Plan, the 2003 Incentive Compensation Plan and the 1990 Stock Plan, including 814,782 stock options with tandem SARs.

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