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Stock-Based Compensation (Tables)
3 Months Ended
Apr. 02, 2022
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 quarter of 2022 is as follows (shares in thousands):

 

 

 

 

 

 

 

Weighted-

 

 

Weighted-

 

 

 

 

 

 

 

 

 

 

Average

 

 

Average

 

Aggregate

 

 

 

 

 

 

 

Exercise

 

 

Remaining

 

Intrinsic

 

 

 

Shares

 

 

Price

 

 

Contractual Life

 

Value

 

Number of shares under stock options:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at beginning of year

 

 

1,186

 

 

$

55.58

 

 

 

 

 

 

 

Granted

 

 

-

 

 

$

-

 

 

 

 

 

 

 

Exercised

 

 

(310

)

 

$

53.51

 

 

 

 

$

20,040

 

Canceled

 

 

-

 

 

$

-

 

 

 

 

 

 

 

Outstanding at April 2, 2022

 

 

876

 

 

$

56.31

 

 

7.5 years

 

$

81,417

 

Stock options exercisable at April 2, 2022

 

 

213

 

 

$

56.46

 

 

5.7 years

 

$

19,761

 

 

Summary of Nucor's Restricted Stock Unit ("RSU") Activity

A summary of Nucor’s restricted stock unit (“RSU”) activity for the first quarter of 2022 is as follows (shares in thousands):

 

 

 

Shares

 

 

Grant Date

Fair Value

 

Restricted stock units:

 

 

 

 

 

 

 

 

Unvested at beginning of year

 

 

1,167

 

 

$

60.45

 

Granted

 

 

-

 

 

$

-

 

Vested

 

 

(14

)

 

$

60.40

 

Canceled

 

 

(3

)

 

$

66.00

 

Unvested at April 2, 2022

 

 

1,150

 

 

$

60.44

 

 

 

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

A summary of Nucor’s restricted stock activity under the Nucor Corporation Senior Officers Annual Incentive Plan (a supplement to the Nucor Corporation 2014 Omnibus Incentive Compensation Plan, the “AIP”) and the Nucor Corporation Senior Officers Long-Term Incentive Plan (a supplement to the Nucor Corporation 2014 Omnibus Incentive Compensation Plan, the “LTIP”) for the first quarter of 2022 is as follows (shares in thousands):

 

 

 

 

 

 

Grant Date

 

 

 

Shares

 

 

Fair Value

 

Restricted stock units and restricted stock awards:

 

 

 

 

 

 

 

 

Unvested at beginning of year

 

 

107

 

 

$

57.17

 

Granted

 

 

465

 

 

$

128.62

 

Vested

 

 

(341

)

 

$

119.52

 

Canceled

 

 

-

 

 

$

-

 

Unvested at April 2, 2022

 

 

231

 

 

$

109.02