Number of Shares (in millions) | Weighted Average Exercise Price | Weighted Average Remaining Contractual Life (in years) | Aggregate Intrinsic Value(1) (in millions) | |||||||||
Vested | 3.7 | $ | 26.18 | 1.8 | $ | 4.0 | ||||||
Expected to vest(2) | 2.2 | 23.59 | 6.8 | 3.5 | ||||||||
Total | 5.9 | $ | 25.21 | 3.7 | $ | 7.5 | ||||||
(1) | These amounts represent the difference between the exercise price and $25.18, the closing price of the Company’s common stock on March 28, 2013, the last trading day of the Company’s fiscal year as reported on the NASDAQ Stock Market for all in-the-money options. |
(2) | Outstanding options expected to vest are net of estimated future forfeitures. |