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SHARE-BASED COMPENSATION
 6 Months Ended
Jun. 30, 2015
SHARE-BASED COMPENSATION  
SHARE-BASED COMPENSATION

 

NOTE H — SHARE-BASED COMPENSATION

 

Stock Awards

 

As of June 30, 2015, the Company had outstanding restricted stock units granted under the 2005 Ownership Incentive Plan (“the 2005 Plan”). The 2005 Plan, as amended, provides for the granting of 3.1 million shares, which may be awarded as incentive and nonqualified stock options, Stock Appreciation Rights, restricted stock, or restricted stock units (“RSUs”).

 

Restricted Stock Units

 

A summary of the Company’s restricted stock unit award program is presented below:

 

 

 

Units

 

Outstanding — January 1, 2015

 
1,368,880

 

Granted

 
261,460

 

Vested

 
(78,750

)

Forfeited

 
(8,560

)

 

 

 

 

Outstanding — June 30, 2015

 
1,543,030

 

 

 

 

 

 

The RSUs granted during the period had a weighted-average grant date fair value of $35.65 per share.