rights plan, the Company declared a dividend of one right (“Right”) on each share of Noble Energy, Inc.  common stock.
Each Right will entitle the holder to purchase one one-hundredth of a share of a new Series A Junior Participating Preferred Stock, par value $1.00 per share, at an exercise price of $150.00.
The Rights are not currently exercisable and will become exercisable only in the event a person or group acquires beneficial ownership of 15 percent or more of Noble Energy, Inc.  common stock.
The dividend distribution was made on September 8, 1997, to stockholders of record at the close of business on that date.
The Rights will expire on September 8, 2007.
A summary of the status of Noble Energy’s stock option plans as of December 31, 2000, 2001 and 2002, and changes during each of the years then ended, is presented below.
## Table 0 ##
The following table summarizes information about Noble Energy’s stock options which were outstanding, and those which were exercisable, as of December 31, 2002.
## Table 1 ##
Compensation expense totaling $643,170 and $781,275 was recognized in 2002 and 2000, respectively, due to the accelerated vesting of stock options as a result of the retirement of certain employees.
Five-Year Performance Comparison – The following graph provides an indicator of cumulative total shareholder returns for the Corporation as compared to the peer group index (described above), the DJ Trans, and the S&P 500.
The graph assumes that $100 was invested in the common stock of Union Pacific Corporation and each index on December 31, 2007 and that all dividends were reinvested.
## Table 2 ##
Purchases of Equity Securities – During 2012, we repurchased 13,804,709 shares of our common stock at an average price of $115.33.
The following table presents common stock repurchases during each month for the fourth quarter of 2012:
[a] Total number of shares purchased during the quarter includes approximately 105,978 shares delivered or attested to UPC by employees to pay stock option exercise prices, satisfy excess tax withholding obligations for stock option exercises or vesting of retention units, and pay withholding obligations for vesting of retention shares.
[b] On April 1, 2011, our Board of Directors authorized the repurchase of up to 40 million shares of our common stock by March 31, 2014.
These repurchases may be made on the open market or through other transactions.
Our management has sole discretion with respect to determining the timing and amount of these transactions.
Overview Vornado Realty Trust (“Vornado”) is a fully-integrated real estate investment trust (“REIT”) and conducts its business through, and substantially all of its interests in properties are held by, Vornado Realty L. P. , a Delaware limited partnership (the “Operating Partnership”).
Accordingly, Vornado’s cash flow and ability to pay dividends to its shareholders is dependent upon the cash flow of the Operating Partnership and the ability of its direct and indirect subsidiaries to first satisfy their obligations to creditors.
Vornado is the sole general partner of, and owned approximately 94.0% of the common limited partnership interest in the Operating Partnership at December 31, 2012.
All references to “we,” “us,” “our,” the “Company” and “Vornado” refer to Vornado Realty Trust and its consolidated subsidiaries, including the Operating Partnership.
We own and operate office and retail properties (our “core” operations) with large concentrations in the New York City metropolitan area and in the Washington, DC / Northern Virginia area.
In addition, we have a 32.6% interest in Toys “R” Us, Inc.  (“Toys”) which has a significant real estate component, a 32.4% interest in Alexander’s, Inc.  (NYSE: ALX) (“Alexander’s”), which has six properties in the greater New York metropolitan area, as well as interests in other real estate and related investments.
Our business objective is to maximize shareholder value, which we measure by the total return provided to our shareholders.
Below is a table comparing our performance to the Morgan Stanley REIT Index (“RMS”) and the SNL REIT Index (“SNL”) for the following periods ended December 31, 2012:

<table><tr><td></td><td colspan="2"> Options Outstanding</td><td colspan="2"> Options Exercisable</td></tr><tr><td></td><td>Number Outstanding</td><td> Exercise Price</td><td> Number Exercisable</td><td> Weighted Average Exercise Price</td></tr><tr><td> Outstanding at December 31, 1999</td><td>3,484,938</td><td>$29.98</td><td> 2,203,146</td><td>$31.14</td></tr><tr><td>Options granted</td><td>774,343</td><td>$24.19</td><td></td><td></td></tr><tr><td>Options exercised</td><td>-432,199</td><td>$24.43</td><td></td><td></td></tr><tr><td>Options canceled</td><td>-105,977</td><td>$29.11</td><td></td><td></td></tr><tr><td> Outstanding at December 31, 2000</td><td>3,721,105</td><td>$29.44</td><td> 2,408,522</td><td>$32.08</td></tr><tr><td>Options granted</td><td>723,400</td><td>$42.77</td><td></td><td></td></tr><tr><td>Options exercised</td><td>-509,161</td><td>$24.97</td><td></td><td></td></tr><tr><td>Options canceled</td><td>-81,267</td><td>$33.11</td><td></td><td></td></tr><tr><td> Outstanding at December 31, 2001</td><td>3,854,077</td><td>$32.46</td><td> 2,530,285</td><td>$32.10</td></tr><tr><td>Options granted</td><td>732,500</td><td>$32.66</td><td></td><td></td></tr><tr><td>Options exercised</td><td>-356,744</td><td>$21.56</td><td></td><td></td></tr><tr><td>Options canceled</td><td>-35,612</td><td>$37.02</td><td></td><td></td></tr><tr><td> Outstanding at December 31, 2002</td><td>4,194,221</td><td>$33.38</td><td> 2,871,943</td><td>$32.84</td></tr></table>
<table><tr><td colspan="3"> Options Outstanding</td><td colspan="3"> Options Exercisable</td></tr><tr><td> Range of Exercise Prices</td><td> Number Outstanding</td><td> Weighted Average Remaining Life</td><td> Weighted Average Exercise Price</td><td> Number Exercisable</td><td> Weighted Average Exercise Price</td></tr><tr><td>$17.28 - $21.61</td><td>833,264</td><td>6.0 Years</td><td>$20.06</td><td>678,310</td><td>$20.06</td></tr><tr><td>$21.61 - $25.93</td><td>185,145</td><td>1.9 Years</td><td>$24.52</td><td>185,145</td><td>$24.52</td></tr><tr><td>$25.93 - $30.25</td><td>126,834</td><td>2.3 Years</td><td>$27.41</td><td>126,834</td><td>$27.41</td></tr><tr><td>$30.25 - $34.57</td><td>785,075</td><td>8.5 Years</td><td>$32.32</td><td>79,958</td><td>$31.27</td></tr><tr><td>$34.57 - $38.89</td><td>742,924</td><td>4.9 Years</td><td>$36.34</td><td>702,924</td><td>$36.24</td></tr><tr><td>$38.89 - $43.21</td><td>1,520,979</td><td>5.2 Years</td><td>$41.36</td><td>1,098,772</td><td>$40.69</td></tr><tr><td></td><td>4,194,221</td><td>5.7 Years</td><td>$33.38</td><td>2,871,943</td><td>$32.84</td></tr></table>
<table><tr><td><i>Period</i></td><td><i>Total Number ofSharesPurchased [a]</i></td><td><i>AveragePrice PaidPer Share</i></td><td><i>Total Number of Shares</i><i>Purchased as Part of a</i><i>Publicly Announced Plan</i><i>or Program [b]</i></td><td><i>Maximum Number of</i><i>Shares That May Yet</i><i>Be Purchased Under the Plan</i><i>or Program [b]</i></td></tr><tr><td>Oct. 1 through Oct. 31</td><td>1,068,414</td><td>121.70</td><td>1,028,300</td><td>16,041,399</td></tr><tr><td>Nov. 1 through Nov. 30</td><td>659,631</td><td>120.84</td><td>655,000</td><td>15,386,399</td></tr><tr><td>Dec. 1 through Dec. 31</td><td>411,683</td><td>124.58</td><td>350,450</td><td>15,035,949</td></tr><tr><td>Total</td><td>2,139,728</td><td>$121.99</td><td>2,033,750</td><td>N/A</td></tr></table>

Question: what portion of the 2011 plan repurchases were repurchased in 2012?
Answer: 0.34512