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Share-Based Compensation
3 Months Ended
Mar. 31, 2015
Share-Based Compensation  
Share-Based Compensation

 

10.Share-Based Compensation

 

In the first quarter of 2015, we granted 21,293 shares of restricted stock with an average fair value of $49.59 per share under the Company’s 1998 Stock Incentive Plan, as amended and restated (the “SI Plan”).  The value of those shares at the grant date, aggregating to $1.1 million, will generally be amortized to expense over a four-year vesting period.

 

On April 2, 2015, we granted 1,028,523 shares of restricted stock with a fair value of $50.18 per share under the SI Plan.  The value of those shares at the grant date, aggregating to $51.6 million, will generally be amortized to expense over a four-year vesting period.