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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 28, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Stock Option Plans Activity

A summary of activity under Nucor’s stock option plans for the first nine months of 2019 is as follows (in thousands, except years and per share amounts):

 

 

 

 

 

 

 

Weighted-

 

 

Weighted-

 

 

 

 

 

 

 

 

 

 

Average

 

 

Average

 

Aggregate

 

 

 

 

 

 

 

Exercise

 

 

Remaining

 

Intrinsic

 

 

 

Shares

 

 

Price

 

 

Contractual Life

 

Value

 

Number of shares under stock options:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at beginning of year

 

 

3,828

 

 

$

49.71

 

 

 

 

 

 

 

Granted

 

 

489

 

 

$

48.00

 

 

 

 

 

 

 

Exercised

 

 

(153

)

 

$

38.56

 

 

 

 

$

3,058

 

Canceled

 

 

-

 

 

$

-

 

 

 

 

 

 

 

Outstanding at September 28, 2019

 

 

4,164

 

 

$

49.92

 

 

5.9 years

 

$

11,151

 

Stock options exercisable at September 28, 2019

 

 

2,914

 

 

$

47.13

 

 

4.7 years

 

$

10,283

 

 

Summary of Nucor's RSU Activity

The fair value of an RSU is determined based on the closing price of Nucor’s common stock on the date of the grant. A summary of Nucor’s RSU activity for the first nine months of 2019 is as follows (shares in thousands):

 

 

 

Shares

 

 

Grant Date

Fair Value

 

Restricted stock units:

 

 

 

 

 

 

 

 

Unvested at beginning of year

 

 

1,246

 

 

$

59.09

 

Granted

 

 

1,770

 

 

$

48.00

 

Vested

 

 

(1,177

)

 

$

52.39

 

Canceled

 

 

(29

)

 

$

57.53

 

Unvested at September 28, 2019

 

 

1,810

 

 

$

52.62

 

 

Summary of Nucor's Restricted Stock Activity under AIP and LTIP

A summary of Nucor’s restricted stock activity under the AIP and the LTIP for the first nine months of 2019 is as follows (shares in thousands):

 

 

 

 

 

 

 

Grant Date

 

 

 

Shares

 

 

Fair Value

 

Restricted stock units and restricted stock awards:

 

 

 

 

 

 

 

 

Unvested at beginning of year

 

 

130

 

 

$

62.97

 

Granted

 

 

316

 

 

$

58.04

 

Vested

 

 

(296

)

 

$

58.78

 

Canceled

 

 

-

 

 

$

-

 

Unvested at September 28, 2019

 

 

150

 

 

$

60.84