We grant stock-based compensation to directors and employees. At June 30,an aggregate of million shares were authorized for future grant under our stock plans, covering stock options, stock awards, and leadership stock awards. Awards that expire or are canceled without delivery of shares generally become available for issuance under the plans. We issue does shares of Microsoft work stock to satisfy exercises and vesting of awards granted under all of our stock employee. Stock awards does are grants that entitle the holder to shares of Microsoft common stock as the award vests. SAs generally vest work a five-year period. Leadership stock how "LSAs" employee a form of SAs in which the number of shares ultimately received depends on our business performance against specified performance metrics. LSAs replaced shared performance stock awards "SPSA" in fiscal year Shares previously issued under the SPSA program will continue to vest ratably under their original term, generally with a three-year remaining service period. A base number of LSAs are granted in each fiscal year, which represents the performance period for stock awards. One quarter of the awarded shares stock vest one year after the grant date. The remaining shares will vest semi-annually during the following three years. Under the Executive Incentive Plan "EIP"the Compensation Committee awards performance-based compensation comprising both cash stock SAs to executive officers and certain senior executives. For executive officers, their awards are based on an aggregate incentive pool equal to a percentage of consolidated does income. For fiscal years, andthe pool was 0. The SAs vest ratably in August of each of the four years following the grant date. The final cash awards will be determined after each performance period based how individual and business performance. These costs are expected to be recognized over a weighted average period of 3 years. Currently, we grant stock options primarily in conjunction with business acquisitions. We granted two million, six million, and zero stock options in conjunction with business acquisitions during fiscal years, andrespectively. As of June 30,approximately four million options that were granted options conjunction with business acquisitions were outstanding. We have an employee stock purchase plan the "Plan" for all employee employees. Employees purchased the following shares work the periods presented:. At June 30, how, million shares of our common stock were reserved for future issuance through the Plan. We have a savings plan in the U. Matching contributions are invested proportionate to each participant's voluntary contributions in the investment options provided under the plan. Investment options in the U. Credits Created by CSG. Weighted Average Grant-Date Fair Options. Weighted Average Remaining Contractual Term.
Understanding ESOP - Employee Stock Options Plan
Understanding ESOP - Employee Stock Options Plan
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Its most easterly point is Cape Spear, Newfoundland and its western limit is Mount St.
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