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Incentive Stock Program
3 Months Ended
Mar. 31, 2020
Incentive Stock Program  
Incentive Stock Program

Note 8 — Incentive Stock Program

In the first three months of 2020, Abbott granted 3,956,637 stock options, 568,471 restricted stock awards and 5,042,550 restricted stock units under its incentive stock program. At March 31, 2020, approximately 112 million shares were reserved for future grants. Information regarding the number of options outstanding and exercisable at March 31, 2020 is as follows:

    

Outstanding

    

Exercisable

Number of shares

 

 

32,412,976

 

23,330,203

Weighted average remaining life (years)

 

 

6.5

 

5.5

Weighted average exercise price

 

$

53.83

$

44.69

Aggregate intrinsic value (in millions)

 

$

849

$

798

The total unrecognized share-based compensation cost at March 31, 2020 amounted to approximately $687 million which is expected to be recognized over the next three years.