ADOBE SYSTEMS INC | 2013 | FY | 3


Information regarding stock options outstanding at November 29, 2013, November 30, 2012 and December 2, 2011 is summarized below:
 
Number of
Shares
(thousands)
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Life
(years)
 
Aggregate
Intrinsic
Value(*)
(millions)
2013
 
 
 
 
 
 
 
Options outstanding
7,359

 
$
29.93

 
3.22
 
$
197.6

Options vested and expected to vest
7,242

 
$
30.05

 
3.18
 
$
193.6

Options exercisable
5,752

 
$
31.28

 
2.65
 
$
146.7

2012
 

 
 

 
 
 
 

Options outstanding
24,517

 
$
32.09

 
2.74
 
$
103.3

Options vested and expected to vest
24,158

 
$
32.15

 
2.70
 
$
100.9

Options exercisable
20,668

 
$
33.06

 
2.27
 
$
73.6

2011
 
 
 
 
 
 
 
Options outstanding
34,802

 
$
31.47

 
3.24
 
$
68.0

Options vested and expected to vest
33,856

 
$
31.52

 
3.17
 
$
65.6

Options exercisable
26,622

 
$
32.31

 
2.56
 
$
42.1

_________________________________________ 
(*) 
The intrinsic value is calculated as the difference between the market value as of the end of the fiscal period and the exercise price of the shares. As reported by the NASDAQ Global Select Market, the market values as of November 29, 2013, November 30, 2012 and December 2, 2011 were $56.78, $34.61 and $27.11, respectively.

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