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Incentive Stock Programs
9 Months Ended
Sep. 30, 2012
Incentive Stock Programs  
Incentive Stock Programs

Note 7 — Incentive Stock Programs

 

In the first nine months of 2012, Abbott granted 1,931,213 stock options, 1,965,362 replacement stock options, 1,000,925 restricted stock awards and 6,790,557 restricted stock units under these programs.  At September 30, 2012, approximately 155 million shares were reserved for future grants.  Information regarding the number of options outstanding and exercisable at September 30, 2012 is as follows:

 

 

 

Outstanding

 

Exercisable

 

Number of shares

 

53,760,658

 

48,509,411

 

Weighted average remaining life (years)

 

4.1

 

3.8

 

Weighted average exercise price

 

$

51.70

 

$

51.13

 

Aggregate intrinsic value (in millions)

 

$

928

 

$

867

 

 

The total unrecognized share-based compensation cost at September 30, 2012 amounted to approximately $330 million which is expected to be recognized over the next three years.