v2.4.0.8
Incentive Stock Programs
6 Months Ended
Jun. 30, 2014
Incentive Stock Programs  
Incentive Stock Programs

Note 8 — Incentive Stock Programs

 

In the first six months of 2014, Abbott granted 3,721,084 stock options, 546,800 restricted stock awards and 5,318,607 restricted stock units under its incentive stock programs.  At June 30, 2014, approximately 110 million shares were reserved for future grants.  Information regarding the number of stock options outstanding and exercisable at June 30, 2014 is as follows:

 

 

 

Outstanding

 

Exercisable

 

Number of shares

 

40,505,063

 

33,055,510

 

Weighted average remaining life (years)

 

4.3

 

3.3

 

Weighted average exercise price

 

$

27.38

 

$

25.36

 

Aggregate intrinsic value (in millions)

 

$

551

 

$

517

 

 

The total unrecognized share-based compensation cost at June 30, 2014 amounted to approximately $222 million which is expected to be recognized over the next three years.