Stock-based Compensation and Outstanding Awards (Tables)

9 Months Ended

Sep. 30, 2015

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

A summary of stock option activity under the Plan as of September 30, 2015, and changes from December 31, 2014 through September 30, 2015 are presented below:

Options ⁽¹⁾	Shares			Weighted Average Exercise Price		Aggregate Intrinsic Value (in millions)
Outstanding as of January 1, 2015		3,545,519		$	30.86
Granted		534,929			22.44
Forfeited		(33,261	)		29.35
Exercised or settled		—			—
Expired or canceled		—			—
Outstanding as of September 30, 2015		4,047,187		$	29.76	$	—
Exercisable at September 30, 2015		2,482,499		$	30.92	$	—

⁽¹⁾

All Stock Options presented in this table are for NOW stock only.

Summary of Status of Nonvested Shares

A summary of the status of the Company’s nonvested shares as of September 30, 2015, and changes for the period from December 31, 2014 through September 30, 2015 are presented below:


RSAs / RSUs / PSAs	Shares			Weighted Average Grant-Date Fair Value
Nonvested as of January 1, 2015		2,446,938		$	30.24
Granted		230,707			23.15
Vested ⁽¹⁾		(199,813	)		35.20
Forfeited		(15,264	)		31.31
Expired or canceled		—			—
Nonvested as of September 30, 2015		2,462,568		$	29.17

⁽¹⁾

63,209 shares withheld and retired from the vesting of shares to employees to satisfy minimum tax withholding.