item 12 .security ownership of certain beneficial owners and management and related stockholder matters .the information required by item 12 is included under the heading 201csecurity ownership of management and certain beneficial owners 201d in the 2017 proxy statement , and that information is incorporated by reference in this form 10-k .equity compensation plan information the following table provides information about our equity compensation plans that authorize the issuance of shares of lockheed martin common stock to employees and directors .the information is provided as of december 31 , 2016 .plan category number of securities to be issued exercise of outstanding options , warrants and rights weighted-average exercise price of outstanding options , warrants and rights number of securities remaining available for future issuance under equity compensation ( excluding securities reflected in column ( a ) ) equity compensation plans approved by security holders ( 1 ) 5802673 $ 85.82 6216471 equity compensation plans not approved by security holders ( 2 ) 1082347 2014 2481032 .
[['plan category', 'number of securities to beissued upon exercise of outstanding options warrants and rights ( a )', 'weighted-average exercise price of outstanding options warrants and rights ( b )', 'number of securities remaining availablefor future issuance under equity compensation plans ( excluding securities reflected in column ( a ) ) ( c )'], ['equity compensation plans approved by securityholders ( 1 )', '5802673', '$ 85.82', '6216471'], ['equity compensation plans not approved bysecurity holders ( 2 )', '1082347', '2014', '2481032'], ['total', '6885020', '$ 85.82', '8697503']]
( 1 ) column ( a ) includes , as of december 31 , 2016 : 1747151 shares that have been granted as restricted stock units ( rsus ) , 936308 shares that could be earned pursuant to grants of performance stock units ( psus ) ( assuming the maximum number of psus are earned and payable at the end of the three-year performance period ) and 2967046 shares granted as options under the lockheed martin corporation 2011 incentive performance award plan ( 2011 ipa plan ) or predecessor plans prior to january 1 , 2013 and 23346 shares granted as options and 128822 stock units payable in stock or cash under the lockheed martin corporation 2009 directors equity plan ( directors equity plan ) or predecessor plans for members ( or former members ) of the board of directors .column ( c ) includes , as of december 31 , 2016 , 5751655 shares available for future issuance under the 2011 ipa plan as options , stock appreciation rights ( sars ) , restricted stock awards ( rsas ) , rsus or psus and 464816 shares available for future issuance under the directors equity plan as stock options and stock units .of the 5751655 shares available for grant under the 2011 ipa plan on december 31 , 2016 , 516653 and 236654 shares are issuable pursuant to grants made on january 26 , 2017 , of rsus and psus ( assuming the maximum number of psus are earned and payable at the end of the three-year performance period ) , respectively .the weighted average price does not take into account shares issued pursuant to rsus or psus .( 2 ) the shares represent annual incentive bonuses and long-term incentive performance ( ltip ) payments earned and voluntarily deferred by employees .the deferred amounts are payable under the deferred management incentive compensation plan ( dmicp ) .deferred amounts are credited as phantom stock units at the closing price of our stock on the date the deferral is effective .amounts equal to our dividend are credited as stock units at the time we pay a dividend .following termination of employment , a number of shares of stock equal to the number of stock units credited to the employee 2019s dmicp account are distributed to the employee .there is no discount or value transfer on the stock distributed .distributions may be made from newly issued shares or shares purchased on the open market .historically , all distributions have come from shares held in a separate trust and , therefore , do not further dilute our common shares outstanding .as a result , these shares also were not considered in calculating the total weighted average exercise price in the table .because the dmicp shares are outstanding , they should be included in the denominator ( and not the numerator ) of a dilution calculation .item 13 .certain relationships and related transactions and director independence .the information required by this item 13 is included under the captions 201ccorporate governance 2013 related person transaction policy , 201d 201ccorporate governance 2013 certain relationships and related person transactions of directors , executive officers , and 5 percent stockholders , 201d and 201ccorporate governance 2013 director independence 201d in the 2017 proxy statement , and that information is incorporated by reference in this form 10-k .item 14 .principal accountant fees and services .the information required by this item 14 is included under the caption 201cproposal 2 2013 ratification of appointment of independent auditors 201d in the 2017 proxy statement , and that information is incorporated by reference in this form 10-k. .

Question: what is the total value of the issued securities approved by security holders , ( in millions ) ?
Answer: 498.0