Quarterly report pursuant to Section 13 or 15(d)

Share Based Compensation (Tables)

v2.4.1.9
Share Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2015
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 periods ended March 31, 2015 and 2014:

Three Months Ended
March 31,
(dollar amounts in thousands) 2015 2014
Share-based compensation expense $ 11,095 $ 9,418
Tax benefit 3,851 3,163
Stock option activity and related information

Huntington’s stock option activity and related information for the three-month period ended March 31, 2015, 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, 2015 19,619 $ 6.99 --- ---
Granted --- --- --- ---
Exercised (723) 6.24 --- ---
Forfeited/expired (319) 21.07 --- ---
Outstanding at March 31, 2015 18,577 $ 6.78 3.7 $ 82,290
Expected to vest at March 31, 2015 (1) 4,960 $ 7.65 5.1 $ 16,852
Exercisable at March 31, 2015 13,244 $ 6.42 3.1 $ 64,339
(1) The number of options expected to vest includes an estimate of 373 thousand 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 Units Per Share
Nonvested at January 1, 2015 12 $ 9.53 11,904 $ 7.79 2,579 $ 7.76
Granted --- --- 1,274 10.69 --- ---
Vested (3) 9.53 (1,442) 7.49 --- ---
Forfeited --- --- (66) 7.84 --- ---
Nonvested at March 31, 2015 9 $ 9.53 11,670 $ 8.14 2,579 $ 7.76