Employee Stock Plans

3 Months Ended

Dec. 30, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Employee Stock Plans

Employee Stock Plans

As of December 30, 2012, there were 16.4 million shares of common stock available for issuance pursuant to future equity-based compensation awards and 8.0 million shares available for issuance under our ESPP.

Pursuant to the 1997 Deferred Stock Plan, in September 1997 our chairman, president and ceo elected to defer receipt of approximately 3.4 million shares of common stock (as adjusted for stock splits since 1997). In November 2006, he re-deferred receipt of the shares until December 21, 2012 (or earlier if his employment with Starbucks terminated before such date). On December 21, 2012, the deferral period ended and pursuant to the terms of the 1997 Deferred Stock Plan, we issued approximately 2.2 million shares of common stock to him and withheld approximately 1.2 million shares to satisfy tax withholdings.

Stock-based compensation expense recognized in the consolidated statements of earnings (in millions):

	Quarter Ended
	Dec 30, 2012		Jan 1, 2012
Options	$	11.9	$	14.1
Restricted Stock Units (“RSUs”)	25.5		25.7
Total stock-based compensation	$	37.4	$	39.8

Value of awards granted and exercised during the period:

	Quarter Ended
	Dec 30, 2012		Jan 1, 2012
Estimated fair value per option granted	$	12.71	$	12.73
Weighted average option grant price	$	49.76	$	43.59
Weighted average price per option exercised	$	14.56	$	16.01
Weighted average RSU grant price	$	49.62	$	43.66

Stock option and RSU transactions from September 30, 2012 through December 30, 2012 (in millions):

	Stock Option			RSUs
Options outstanding/Nonvested RSUs, September 30, 2012	33.1			7.3
Granted	3.1			3.0
Options exercised/RSUs vested	(6.4		)	(3.3		)
Forfeited/expired	(0.5		)	(0.3		)
Options outstanding/Nonvested RSUs, December 30, 2012	29.3			6.7
Total unrecognized stock-based compensation expense, net of estimated forfeitures, as of December 30, 2012	$	54.3		$	153.9