FDC 2017 Annual Report

FI R S T D A T A C O R P O R A TI O N N O T E S T O T H E C O N S O LI D A T E D FI N A N CI A L S T A T E M E N T S ( C o nti n u e d) 8 4 A s u m m ar y of st o c k o pti o n a cti vit y f or t h e y e ars e n d e d D e c e m b er 3 1, 2 0 1 7 a n d 2 0 1 6 w as as f oll o ws: ( o pti o ns i n milli o ns) O pti o ns Wei g ht e d- Av e r a g e E x e rcis e P ri c e Wei g ht e d- Av e r a g e R e m ai ni n g C o nt r a ct u al Te r m A g g re g at e I nt ri nsi c Val u e (i n milli o ns) O utst a n di n g as of D e c e m b er 3 1, 2 0 1 5 4 1 $ 1 1. 9 4 Gr a nt e d 2 1 2. 6 2 E x er cis e d ( 2) 9. 8 6 C a n c el e d / F orf eit e d ( 2) 1 5. 3 9 O utst a n di n g as of D e c e m b er 3 1, 2 0 1 6 3 9 $ 1 2. 0 0 6 y e ars $ 9 8 Gr a nt e d — — E x er cis e d ( 5) 9. 9 4 C a n c el e d / F orf eit e d — — O utst a n di n g as of D e c e m b er 3 1, 2 0 1 7 3 4 $ 1 2. 2 7 6 y e ars $ 1 5 0 O pti o ns e x er cis a bl e as of D e c e m b er 3 1, 2 0 1 7 2 4 $ 1 1. 4 8 5 y e ars $ 1 2 4 T h e t ot al i ntri nsi c v al u e r el at e d t o st o c k o pti o ns e x er cis e d f or t h e y e ars e n d e d D e c e m b er 3 1, 2 0 1 7, 2 0 1 6, a n d 2 0 1 5 w as $ 3 2 mill i o n, $ 6 milli o n, a n d $ 4 milli o n, r es p e cti v el y. R est ri ct e d St o c k A w a r ds a n d R est ri ct e d St o c k U nits T h e gr a nt d at e f air v al u e of e a c h a w ar d is b as e d o n t h e cl osi n g st o c k pri c e at t h e d at e of gr a nt. Gr a nts w er e m a d e as i n c e nti v e a w ar ds, w hi c h g e n er all y v est 2 0 % o n t h e first a n ni v ers ar y, 4 0 % o n t h e s e c o n d a n ni v ers ar y, a n d t h e r e m ai ni n g 4 0 % o n t h e t hir d a n ni v ers ar y. As of D e c e m b er 3 1, 2 0 1 7, t h er e w as a p pr o xi m at el y $ 3 4 4 milli o n of t ot al u nr e c o g ni z e d c o m p e ns ati o n e x p e ns e r el at e d t o r estri ct e d st o c k t h at will b e r e c o g ni z e d o v er t h e r es p e cti v e s er vi c e p eri o d of a p pr o xi m at el y t w o y e ars. D uri n g 2 0 1 7, 2 0 1 6, an d 2 0 1 5, t h e C o m p a n y di d n ot p a y a n y si g nifi c a nt c as h a m o u nts t o r e p ur c h as e st o c k a w ar ds fr o m e m pl o y e es t h at t er mi n at e d e m pl o y m e nt wit h t h e C o m p a n y. A s u m m ar y of r estri ct e d st o c k a w ar d a n d r estri ct e d st o c k u nit a cti vit y f or t h e y e ars e n d e d D e c e m b er 3 1, 2 0 1 7 a n d 2 0 1 6 is as f oll o ws: ( a w a r ds/ u nits i n milli o ns) A w a r ds/ U nits Wei g ht e d- Av e r a g e G r a nt- D at e F ai r Val u e N o n- v est e d as of D e c e m b er 3 1, 2 0 1 5 3 2 $ 1 4. 3 0 Gr a nt e d 1 8 1 2. 4 9 Vest e d ( 1 0) 1 3. 9 1 C a n c el e d / F orf eit e d ( 6) 1 3. 7 4 N o n- v est e d D e c e m b er 3 1, 2 0 1 6 3 4 $ 1 3. 5 9 Gr a nt e d 2 3 1 6. 9 4 Vest e d ( 1 5) 1 3. 8 6 C a n c el e d / F orf eit e d ( 4) 1 4. 1 1 N o n- v est e d as of D e c e m b er 3 1, 2 0 1 7 (a) 3 8 $ 1 5. 4 7 ( a) I n cl u d es 7 milli o n of s h ar es s u bj e ct t o m ar k et c o n diti o ns. T h e t ot al f air v al u e of s h ar es v est e d ( m e as ur e d as of t h e d at e of v esti n g) d uri n g t h e t w el v e m o nt hs e n d e d D e c e m b er 3 1, 2 0 1 7, 2 0 1 6, a n d 2 0 1 5 w as $ 2 0 4 milli o n, $ 1 3 7 milli o n, a n d $ 1 1 milli o n, r es p e cti v el y.