Our PEPUnit Activity | PEPUnits(a) | Average Intrinsic Value(b) | Average Life (years)(c) | Aggregate Intrinsic Value(d) | ||||||||
Outstanding at December 29, 2012 | 368 | $ | 64.89 | |||||||||
Granted | 355 | $ | 68.48 | |||||||||
Converted | (48 | ) | $ | 66.78 | ||||||||
Forfeited | — | $ | — | |||||||||
Outstanding at December 28, 2013 | 675 | $ | 66.65 | 1.70 | $ | 55,809 | ||||||
Expected to vest as of December 28, 2013 | 608 | $ | 66.55 | 1.69 | $ | 50,284 | ||||||
(a) | PEPUnits are in thousands. |
(b) | Weighted-average intrinsic value at grant date. |
(c) | Weighted-average contractual life remaining. |
(d) | In thousands. |