XML 73 R52.htm IDEA: XBRL DOCUMENT v3.6.0.2
Stock Options, Restricted Stock Incentive, and Dividend Reinvestment Plans (Tables)
12 Months Ended
Dec. 31, 2016
Employee Benefits And Share Based Compensation [Abstract]  
Schedule Of Restricted And Performance Stock And Unit Activity
Stock and stock unit awards. A summary of restricted and performance stock and unit activity during the year ended December 31, 2016, is presented below:
Shares/Units(a)Weighted average grant date fair value (per share) (b)
Nonvested on January 1, 20163,472,424$10.73
Shares/units granted1,509,59612.90
Shares/units vested(910,258)10.68
Shares/units cancelled(67,360)12.52
Nonvested on December 31, 20164,004,402$11.28

  • Includes only units that settle in shares and nonvested performance units are included at 100% payout level.
  • The weighted average grant date fair value for shares/units granted in 2015 and 2014 was $13.90 and $11.62, respectively.

Summary Of Stock Option Plans Activity
The summary of stock option activity for the year ended December 31, 2016, is shown below:
Options OutstandingWeighted Average Exercise Price (per share)Weighted Average Remaining Contractual Term (years)Aggregate Intrinsic Value (thousands)
January 1, 20167,519,727$17.11
Options granted971,32811.62
Options exercised(2,149,753)10.53
Options expired/cancelled(404,146)27.77
December 31, 20165,937,15617.863.48$28,052
Options exercisable4,174,35120.352.7113,900
Options expected to vest1,762,80511.985.3014,152
Summary Of Assumptions To Estimate The Fair Value Of Stock Options Granted
FHN used the Black-Scholes Option Pricing Model to estimate the fair value of stock options granted in 2016, 2015, and 2014 with the following assumptions:
201620152014
Expected dividend yield2.41%1.68%1.70%
Expected weighted-average lives of options granted6.19 years6.18 years6.15 years
Expected weighted-average volatility32.84%32.26%33.79%
Expected volatility range30.73 - 34.95%23.67 - 40.85%24.55 - 61.49%
Risk-free interest rate1.28%1.68%1.96%