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SHARE-BASED AWARDS
6 Months Ended
Apr. 27, 2025
SHARE-BASED AWARDS  
SHARE-BASED AWARDS

(19)  Share-Based Awards

We are authorized to grant shares for equity incentive awards. The outstanding shares authorized were 13.7 million at April 27, 2025. During the six months ended April 27, 2025, we granted stock options to employees for the purchase of 169 thousand shares of common stock at a weighted-average exercise price of $448.18 per share and a weighted-average binomial lattice model fair value of $116.35 per share at the grant date. At April 27, 2025, options for 1.2 million shares were outstanding with a weighted-average exercise price of $309.62 per share.

During the six months ended April 27, 2025, the restricted stock units (RSUs) granted in thousands of shares and the weighted-average grant date fair values, using the closing price of our common stock on the grant date in dollars, follow:

Grant-Date

Fair Value

Shares

(per share)

Service-based

   

307

   

$

448.26

  

Performance/service-based

40

429.77

Market/service-based (fair value determined using a Monte Carlo model)

40

591.13