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SHARE-BASED COMPENSATION
3 Months Ended
Mar. 31, 2015
SHARE-BASED COMPENSATION.  
SHARE-BASED COMPENSATION

 

NOTE H — SHARE-BASED COMPENSATION

 

Stock Awards

 

As of March 31, 2015, the Company had outstanding restricted stock units granted under the 2005 Ownership Incentive Plan (“the 2005 Plan”). The 2005 Plan, as amended, provides for the granting of 3.1 million shares, which may be awarded as incentive and nonqualified stock options, Stock Appreciation Rights (“SARs”), restricted stock, or restricted stock units.

 

Restricted Stock Units

 

A summary of the Company’s restricted stock unit award program is presented below:

 

 

 

Units

 

Outstanding — January 1, 2015

 

1,368,880

 

Granted

 

5,400

 

Vested

 

(24,600

)

Forfeited

 

(7,200

)

Outstanding — March 31, 2015

 

1,342,480

 

 

The restricted stock units granted during the period had a weighted-average grant date fair value of $38.68 per share.