SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: rkral who wrote (177361)4/3/2004 10:28:02 AM
From: Elmer Phud  Read Replies (1) | Respond to of 186894
 
Ron -

During 2003, Intel granted 109.9 mln options with a weighted-average exercise price of $20.22. Per FASB SFAS 123 Intel reported a fair value of $9.02, or 44.6%, of the exercise. Since the grantees paid 0%, that 44.6% is the value received by the grantee.

You've lost me. At no time in 2003 did Intel's share price drop as low as $9.02, so if I understand things correctly they couldn't have granted any shares at that price. Where does the $9.02 come from?