Stock-Based Awards

3 Months Ended

May 04, 2019

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Stock-Based Awards

5. Stock-Based Awards

The following table summarizes our stock-based awards activity for the quarter ended May 4, 2019:

	Stock Warrants				Stock Options					Nonvested Stock Awards					Performance Share Units
(Shares and Units in Thousands)	Shares		Weighted Average Exercise Price		Shares			Weighted Average Exercise Price		Shares			Weighted Average Grant Date Fair Value		Units			Weighted Average Grant Date Fair Value
Balance - February 2, 2019		-	$	-		136		$	51.48		2,601		$	51.90		1,046		$	52.08
Granted		1,747		69.68		-			-		624			68.04		206			74.75
Exercised/vested		-		-		(37	)		51.13		(626	)		51.50		(336	)		46.87
Forfeited/expired		-		-		-			-		(21	)		53.47		(16	)		51.21
Balance - May 4, 2019		1,747	$	69.68		99		$	51.81		2,578		$	55.88		900		$	59.23

Effective April 18, 2019, in connection with our entry into a commercial agreement with Amazon.com Services, Inc. (“Amazon”), we issued warrants to an affiliate of Amazon, to purchase up to 1,747,441 shares of our common stock at an exercise price of $69.68, subject to customary anti-dilution provisions. The warrants vest in five equal annual installments beginning on January 15, 2020 and expire on April 18, 2026. Unvested warrants will not vest if the commercial agreement is terminated, not renewed, or if no substitute written returns arrangement is entered into between the parties.