STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2019

STOCK-BASED COMPENSATION

Weighted-average assumptions used to estimate fair value of stock options granted

Stock Awards Plans:
Years Ended December 31,	2018		2017
Dividend Yield	1.5	%	1.7	%
Expected Stock Price Volatility	14.2	%	15.8	%
Risk-free Interest Rate	2.8	%	2.2	%
Expected Life of Option (years)	6.6		6.7

Summary of option activity

	Stock Awards Plans					Director Stock Option Plans
			Weighted Average				Weighted Average
		Options	Exercise Price			Options	Exercise Price
Outstanding, January 1, 2019		6,761,055	$	65.76		155,200	$	58.13
Granted		—		—		—		—
Exercised		(1,560,047)		57.10		(19,949)		55.99
Forfeited or expired		(156,828)		73.15		—		—
Outstanding at December 31, 2019		5,044,180	$	68.32		135,251	$	58.45
Exercisable at December 31, 2019		4,288,542	$	66.01		135,251	$	58.45
Weighted-Average Remaining Contractual Term (Years):
Outstanding at December 31, 2019		5.4				3.2
Exercisable at December 31, 2019		5.0				3.2
Aggregate Intrinsic Value:
Outstanding at December 31, 2019	$	239,033			$	7,732
Exercisable at December 31, 2019	$	212,745			$	7,732
Intrinsic Value of Options Exercised During the Years Ended:
December 31, 2019	$	87,251			$	1,172
December 31, 2018	$	72,951			$	2,286
December 31, 2017	$	51,140			$	1,995

Weighted-average assumptions used to estimate fair value of restricted stock units

Year Ended December 31,		2019			2018
Fair value per stock award	$	134.97		$	128.70
Grant date stock price	$	104.51		$	89.42
Assumptions:
Aptar's stock price expected volatility		16.50	%		12.30	%
Expected average volatility of peer companies		31.90	%		27.50	%
Correlation assumption		37.40	%		20.20	%
Risk-free interest rate		2.19	%		2.42	%
Dividend yield assumption		1.30	%		1.43	%

Summary of restricted stock unit activity

	Time-Based RSUs			Performance-Based RSUs
		Weighted Average			Weighted Average
	Units	Grant-Date Fair Value		Units	Grant-Date Fair Value
Nonvested at January 1, 2019	261,487	$	91.78	69,990	$	111.55
Granted	295,412		97.80	123,246		119.35
Vested	(51,433)		88.77	—		—
Forfeited	(24,737)		98.72	(11,556)		117.04
Nonvested at December 31, 2019	480,729	$	95.45	181,680	$	117.26