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Employee Stock Plans
6 Months Ended
Mar. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Employee Stock Plans
Employee Stock Plans
As of March 31, 2013, there were 17.1 million shares of common stock available for issuance pursuant to future equity-based compensation awards and 7.9 million shares available for issuance under our employee stock purchase plans.
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
 
Two Quarters Ended
 
Mar 31, 2013
 
Apr 1, 2012
 
Mar 31, 2013
 
Apr 1, 2012
Options
$
7.9

 
$
10.1

 
$
19.8

 
$
24.2

Restricted Stock Units (“RSUs”)
25.6

 
26.1

 
51.1

 
51.8

Total stock-based compensation
$
33.5

 
$
36.2

 
$
70.9

 
$
76.0


Value of awards granted and exercised during the period:
 
 
Quarter Ended
 
Two Quarters Ended
 
Mar 31, 2013
 
Apr 1, 2012
 
Mar 31, 2013
 
Apr 1, 2012
Estimated fair value per option granted
$
13.13

 
$
13.15

 
$
12.74

 
$
12.75

Weighted average option grant price
$
55.75

 
$
49.94

 
$
50.13

 
$
43.81

Weighted average price per option exercised
$
17.73

 
$
15.36

 
$
15.35

 
$
15.69

Weighted average RSU grant price
$
55.76

 
$
50.34

 
$
49.77

 
$
43.83


Stock option and RSU transactions from September 30, 2012 through March 31, 2013 (in millions):
 
 
Stock Options
 
RSUs
Options outstanding/Nonvested RSUs, September 30, 2012
33.1

 
7.3

Granted
3.3

 
3.0

Options exercised/RSUs vested
(8.5
)
 
(3.4
)
Forfeited/expired
(0.9
)
 
(0.6
)
Options outstanding/Nonvested RSUs, March 31, 2013
27.0

 
6.3

Total unrecognized stock-based compensation expense, net of estimated forfeitures, as of March 31, 2013
$
46.7

 
$
128.6