Meeting everyday needs of people everywhere - Unilever
Meeting everyday needs of people everywhere - Unilever
Meeting everyday needs of people everywhere - Unilever
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<strong>Unilever</strong> Group Notes to the consolidated accounts<br />
33 Equity based compensation plans (continued)<br />
00000000000000001111<br />
1999 1998 1997<br />
00000001111011111011111011111101111 01111 01111<br />
Option value informatio n (a)<br />
Fair value per option (b) US $ 14.80 — US $ 13.67<br />
Valuation assumptions<br />
Expected option term 2 years — 2 years<br />
Expected volatility 34.18% — 21.40%<br />
Expected dividend yield 1.23% — 0.82%<br />
Risk-free interest rate 3.66% — 4.43%<br />
(a) Weighted average <strong>of</strong> options granted during each period.<br />
(b) Estimated using Black Scholes option pricing method.<br />
00000001111011111011111011111101111101111101111<br />
The following table summarises information about fixed price stock options outstanding at 31 December 1999:<br />
00000001111011111011111011111101111101111101111<br />
Options Outstanding Options Exercisable<br />
00511110051100511005 00511005<br />
Number Weighted Number<br />
outstanding at average Weighted exercisable at Weighted<br />
Range <strong>of</strong> 31 December remaining average 31 December average<br />
exercise prices 1999 contractual life exercise price 1999 exercise price<br />
00511 1005 005 1005 005 1005<br />
US $ 52.43 633 913 2 years US $ 52.43 — —<br />
00000000000000001111
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