Quarterly report pursuant to Section 13 or 15(d)

Share Based Compensation (Tables)

v2.4.0.8
Share Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2014
Share-Based Compensation [Abstract]  
Share based compensation expense and related tax benefit

The following table illustrates total share-based compensation expense and related tax benefit for the three-month and periods ended March 31, 2014 and 2013:

      Three Months Ended  
      March 31,  
(dollar amounts in thousands)     2014       2013  
Share-based compensation expense   $ 9,418     $ 8,021  
Tax benefit     3,163       2,684  
Stock option activity and related information

Huntington's stock option activity and related information for the three-month period ended March 31, 2014, was as follows:

                    Weighted-      
              Weighted-     Average      
              Average     Remaining     Aggregate
              Exercise     Contractual     Intrinsic
(amounts in thousands, except years and per share amounts)   Options     Price     Life (Years)     Value
                           
Outstanding at January 1, 2014   23,300   $ 7.61            
  Granted   ---     ---            
  Assumed   214     ---            
  Exercised   (1,138)     5.87            
  Forfeited/expired   (761)     16.42            
                           
Outstanding at March 31, 2014   21,615   $ 7.40     4.1   $ 74,034
                           
Expected to vest at March 31, 2014 (1)   8,570   $ 6.58     5.1   $ 29,090
                           
Exercisable at March 31, 2014   12,409   $ 8.00     3.3   $ 42,926
(1) The number of options expected to vest includes an estimate of 636 shares expected to be forfeited.
Summary of restricted stock units and restricted stock awards
              Weighted-           Weighted-           Weighted-
              Average           Average           Average
        Restricted     Grant Date     Restricted     Grant Date     Performance     Grant Date
        Stock     Fair Value     Stock     Fair Value     Share     Fair Value
(amounts in thousands, except per share amounts)   Awards     Per Share     Units     Per Share     Awards     Per Share
Nonvested at January 1, 2014   ---   $ ---     12,064   $ 6.80     1,646   $ 6.95
  Granted   ---     ---     1,036     9.13     ---     ---
  Assumed   27     ---     ---     ---     ---     ---
  Vested   (11)     9.53     (1,335)     7.12     ---     ---
  Forfeited   ---     ---     (245)     6.98     (108)     6.94
Nonvested at March 31, 2014   16   $ 9.53     11,520   $ 6.97     1,538   $ 6.95