Share-Based Payments

3 Months Ended

Dec. 31, 2012

Share-Based Payments

11. Share-Based Payments

We maintain the 2012 Long-Term Incentive Plan (the “2012 Plan”) under which we could grant all types of equity awards, including stock options, stock appreciation rights, restricted stock awards, stock unit awards and other stock-based awards. All employees, consultants and advisors of FICO or any subsidiary, as well as all non-employee directors are eligible to receive awards under the 2012 Plan. We also have two other stock option plans under which awards are currently outstanding, the 1992 Long-term Incentive Plan, which was adopted in February 1992 and expired in February 2012, and the 2003 Employment Inducement Award Plan, which was adopted in November 2003 and terminated in February 2012. Stock option awards granted typically have a maximum term of seven years and vest ratably over four years. Stock option awards granted prior to October 1, 2005 under the 1992 Plan typically had a maximum term of ten years and vested ratably over four years.

The following table summarizes option activity during the quarter ended December 31, 2012:

	Shares			Weighted- average Price		Weighted- average Remaining Contractual Term		Aggregate Intrinsic Value
	(In thousands)					(In years)		(In thousands)
Outstanding at October 1, 2012		4,034		$	33.01
Granted		546			41.92
Exercised		(459	)		31.05
Forfeited		(98	)		23.07
Expired		(141	)		47.03
Outstanding at December 31, 2012		3,882		$	34.24		4.49	$	31,815
Options exercisable at December 31, 2012		1,848		$	33.72		2.80	$	16,205

The following table summarizes restricted stock unit activity during the quarter ended December 31, 2012:

	Shares			Weighted- average Price
	(In thousands)
Outstanding at October 1, 2012		1,732		$	33.31
Granted		721			41.86
Released		(398	)		29.17
Forfeited		(49	)		29.25
Outstanding at December 31, 2012		2,006		$	37.31