The intrinsic value changes based on changes in the

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Unformatted text preview: r of in-the-money options) that would have been received by the option holders had the holders exercised their options on January 29, 2010. The intrinsic value changes based on changes in the fair market value of Dell's common stock. The following table summarizes stock option activity for the Stock Plans during Fiscal 2009: Options outstanding — February 1, 2008 Granted Exercised Forfeited Cancelled/expired Options outstanding — January 30, 2009 Vested and expected to vest (net of estimated forfeitures) — January 30, 2009(a)(b) Exercisable — January 30, 2009(a)(b) WeightedNumber Average of Exercise Options Price (in millions) (per share) 264 $ 32.30 13 19.71 (4) 19.08 (4) 23.97 (39) 33.14 230 $ 31.85 230 230 $ $ 31.86 31.86 WeightedAverage Remaining Contractual Term (in years) 3.9 3.9 Aggregate Intrinsic Value (in millions) $ $ - (a) For options vested and expected to vest and options exercisable, the aggregate intrinsic value in the table above represents the total pre-tax intrinsic value (the difference between Dell's closing stock price on January 30, 2009, and the exercise price multiplied by the number of in-the-money options) that would have been received by the option holders had the holders exercised their options on January 30, 2009. The intrinsic value changes based on changes in the fair market value of Dell's common stock. (b) No options were in-the-money at January 30, 2009. spi2532X_appB_B1-B24.indd B-18 spi2532X_appB_B1-B24.indd B-18 1/20/12 4:20 PM 1/20/12 4:20 PM Confirming Pages APPENDIX B Dell Annual Report (selected pages) B-19 DELL INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued) Other information pertaining to stock options for the Stock Plans is as follows: Weighted-average grant date fair value of stock options Total fair value of options vested(a) Total intrinsic value of options exercised(b) granted per option Fiscal Year Ended January 28, January 29, January 30, 2011 2010 2009 (in millions, except per option data) $ 5.01 $ 3.71 $ 5.87 $ 13 $ $ 187 $ 7 $ $ 15 (a) Includes the $104 million of charges for accelerated options in Fiscal 2009. (b) The total intrinsic value of options exercised represents the total pre-tax intrinsic value (the difference between the stock price at exercise and the exercise price multiplie...
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This document was uploaded on 02/22/2014 for the course ACCT 6330 at University of Texas at Dallas, Richardson.

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