Share Based Compensation (Tables)

3 Months Ended

Sep. 30, 2013

Weighted average assumptions used in the option pricing model

			Three Months Ended						Nine Months Ended
			September 30,						September 30,
			2013			2012			2013			2012
Assumptions
	Risk-free interest rate		1.75	%		0.87	%		0.79	%		1.10	%
	Expected dividend yield		2.46			2.46			2.83			2.37
	Expected volatility of Huntington's common stock		35.0			35.0			35.0			34.9
	Expected option term (years)		5.5			6.0			5.5			6.0

Weighted-average grant date fair value per share		$	2.17		$	1.68		$	1.71		$	1.79

Share based compensation expense and related tax benefit

The following table illustrates total share-based compensation expense and related tax benefit for the three-month and nine-month periods ended September 30, 2013 and 2012:

		Three Months Ended				Nine Months Ended
		September 30,				September 30,
(dollar amounts in thousands)		2013		2012		2013		2012
Share-based compensation expense	$	9,746	$	7,138	$	27,643	$	19,958
Tax benefit		3,278		2,366		9,311		6,627

Stock option activity and related information

Huntington's stock option activity and related information for the nine-month period ended September 30, 2013, was as follows:

						Weighted-
					Weighted-	Average
					Average	Remaining		Aggregate
					Exercise	Contractual		Intrinsic
(amounts in thousands, except years and per share amounts)			Options		Price	Life (Years)		Value

Outstanding at January 1, 2013			26,768	$	8.87
	Granted		3,291		7.07
	Exercised		(1,914)		5.75
	Forfeited/expired		(4,075)		16.20

Outstanding at September 30, 2013			24,070	$	7.63	4.4	$	43,973

Vested and expected to vest at September 30, 2013 (1)			8,982	$	6.52	5.6	$	15,588

Exercisable at September 30, 2013			14,002	$	8.41	3.6	$	26,696
(1)		The number of options expected to vest includes an estimate of expected forfeitures.

Summary of restricted stock units and restricted stock awards

The following table summarizes the status of Huntington's restricted stock units and performance share awards as of September 30, 2013, and activity for the nine-month period ended September 30, 2013:

				Weighted-			Weighted-
				Average			Average
		Restricted		Grant Date	Performance		Grant Date
		Stock		Fair Value	Share		Fair Value
(amounts in thousands, except per share amounts)		Units		Per Share	Awards		Per Share
Nonvested at January 1, 2013		8,484	$	6.40	694	$	6.77
	Granted	6,859		7.13	1,125		7.06
	Vested	(2,335)		6.33	---		---
	Forfeited	(686)		6.70	(170)		6.90
Nonvested at September 30, 2013		12,322	$	6.80	1,649	$	6.95