Incentive Stock Programs

9 Months Ended

Sep. 30, 2020

Incentive Stock Programs

Incentive Stock Programs

Note 8 — Incentive Stock Programs

In the first nine months of 2020, Abbott granted 4,006,336 stock options, 568,471 restricted stock awards and 5,183,375 restricted stock units under its current incentive stock program. At September 30, 2020, approximately 113 million common shares were reserved for future grants. Information regarding the number of options outstanding and exercisable at September 30, 2020 is as follows:

	Outstanding		Exercisable
Number of shares		29,352,400		20,764,950
Weighted average remaining life (years)		6.2		5.2
Weighted average exercise price	$	55.34	$	45.92
Aggregate intrinsic value (in millions)	$	1,570	$	1,306

The total unrecognized share-based compensation cost at September 30, 2020 amounted to approximately $499 million which is expected to be recognized over the next three years.