Company: WSBC
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030795
Chunk: 89

Company: WESBANCO INC
Filing Date: 2025-03-03
Form: 10-K
Item: Item 8
Chunk 89
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        $
        6.86

        $
        5.27

        $
        6.91

       The weighted-average life assumption is an estimate of the length of time that an employee might hold an option before option exercise, option expiration or employment termination. The weighted-average life assumption was developed using historical experience. Wesbanco used a weighted historical volatility of its common stock price over the weighted average life prior to each issuance as the volatility factor assumption, adjusted for abnormal volatility during certain periods, and current and future dividend payment expectations for the dividend assumption.The following table shows the activity for the Stock Option component of the Incentive Plan: 

        For the YearEnded December 31, 2024

        Numberof Options

        WeightedAverageExercise PricePer Share

        Outstanding at beginning of the year

        822,485

        $
        34.28

        Granted during the year

        156,000

        28.60

        Exercised during the year

        (60,488
        )

        25.19

        Forfeited or expired during the year

        (131,541
        )

        38.61

        Outstanding at end of the year

        786,456

        $
        33.13

        Exercisable at year end

        632,556

        $
        34.23

       The aggregate intrinsic value of the outstanding shares and the shares exercisable at year-end was $2.2 million and $1.5 million, respectively.

116

The following table shows the average remaining life of the stock options at December 31, 2024: 

        Year Issued
         
        ExercisableatYear End

        ExercisePrice RangePer Share

        OptionsOutstanding

        WeightedAverageExercisePrice

        Weighted Avg.RemainingContractualLife in Years

        2015

        1,882

        $
        18.33

        1,882

        $
        18.33

        0.15

        2016

        2,823

        22.63

        2,823

        22.63

        1.00

        2018

        115,226

        36.97 to 45.65

        115,226

        43.29

        1.09