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Incentive Stock Programs
6 Months Ended
Jun. 30, 2015
Incentive Stock Programs  
Incentive Stock Programs

 

Note 8 — Incentive Stock Programs

 

In the first six months of 2015, Abbott granted 5,518,363 stock options, 660,787 restricted stock awards and 5,774,560 restricted stock units under its incentive stock programs.  At June 30, 2015, approximately 86 million shares were reserved for future grants.  Information regarding the number of stock options outstanding and exercisable at June 30, 2015 is as follows:

 

 

 

Outstanding

 

Exercisable

 

Number of shares

 

37,098,123 

 

27,421,775 

 

Weighted average remaining life (years)

 

4.9 

 

3.4 

 

Weighted average exercise price

 

$

31.06 

 

$

26.83 

 

Aggregate intrinsic value (in millions)

 

$

669 

 

$

611 

 

 

The total unrecognized share-based compensation cost at June 30, 2015 amounted to approximately $249 million which is expected to be recognized over the next three years.