EXPERIENCEBUSINESS - Harley-Davidson
EXPERIENCEBUSINESS - Harley-Davidson
EXPERIENCEBUSINESS - Harley-Davidson
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HARLEY- DAVIDSON, INC.<br />
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS<br />
9. CAPITAL STOCK (CONTINUED)<br />
The following table summarizes the transactions of the Stock Option Plan for the three-year period ended December 31, 2000:<br />
2000 1999 1998<br />
Exercise Exercise Exercise<br />
Options Price (1) Options Price (1) Options Price (1)<br />
Options outstanding at beginning of year 11,516,560 $10.62 12,107,606 $ 7.93 12,484,802 $ 6.12<br />
Options granted 1,495,740 33.67 1,507,140 25.82 2,060,122 14.63<br />
Options exercised (2,599,423) 5.54 (1,774,976) 4.80 (2,328,286) 4.02<br />
Options cancelled (87,722) 22.66 (323,210) 13.02 (109,032) 10.59<br />
Options outstanding at end of year 10,325,155 15.12 11,516,560 10.62 12,107,606 7.93<br />
Weighted-average fair value of<br />
options granted during the year $13.72 $10.23 $5.64<br />
Number of options exercisable<br />
at end of year 6,524,006 $ 9.53 7,557,454 $ 7.03 7,047,260 $ 5.43<br />
(1)Represents a weighted-average exercise price.<br />
Options outstanding at December 31, 2000:<br />
Weighted-Average<br />
Weighted-Average<br />
Price range Contractual life Options Exercise Price<br />
$2.56 to $10 3.8 years 4,157,992 $ 6.85<br />
$10.01 to $20 6.7 years 3,234,075 $12.58<br />
$20.01 to $30 8.1 years 1,479,480 $25.73<br />
$30.01 to $40 9.1 years 1,443,008 $33.59<br />
$40.01 to $50 9.6 years 10,600 $44.28<br />
10,325,155<br />
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