Company: SCE-PL
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0000827052-25-000022
Chunk: 141

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 141
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Edison International:Outstanding at December 31, 202311,418,243$64.30 Granted749,96866.70 Forfeited or expired(107,158)71.89 Exercised1(3,417,478)64.49 Outstanding at December 31, 20248,643,57564.33 5.01Exercisable and expected to vest at December 31, 20248,438,86464.40 4.95$130 Exercisable at December 31, 20246,651,227$64.79 4.19$100 SCE:Outstanding at December 31, 20235,192,275$64.22 Granted390,76066.82 Forfeited or expired(98,077)71.44 Exercised1(1,892,980)64.49 Affiliate transfers, net14,47264.22 Outstanding at December 31, 20243,606,45064.18 5.27Exercisable and expected to vest at December 31,20243,508,12964.25 5.21$55 Exercisable at December 31, 20242,609,173$64.66 4.33$40 1Edison International and SCE recognized tax benefits of $13 million and $7 million, respectively, from stock options exercised in 2024.At December 31, 2024, total unrecognized compensation cost related to stock options and the weighted average period the cost is expected to be recognized are as follows:Edison InternationalSCEUnrecognized compensation cost, net of expected forfeitures (in millions)$7 $4 Weighted average period (in years)1.31.3The following is a summary of supplemental data on stock options:Edison InternationalSCEYears ended December 31,(in millions, except per award amounts)202420232022202420232022Weighted average grant date fair value per option granted$13.32 $12.69 $9.92 $13.36 $12.71 $9.92 Fair value of options vested14 8 8 7 7 5 Value of options exercised45 14 17 25 11 12 Performance SharesA target number of contingent performance shares were awarded to executives in 2024, 202