warrants in conjunction with its acquisition of solexa , inc . on january 26 , 2007 , the company assumed 4489686 warrants issued by solexa prior to the acquisition . during the year ended december 28 , 2008 , there were 401362 warrants exercised , resulting in cash proceeds to the company of $ 3.0 million . as of december 28 , 2008 , 252164 of the assumed warrants had expired . a summary of all warrants outstanding as of december 28 , 2008 is as follows: .

Table: number of shares exercise price expiration date 238510 $ 7.27 4/25/2010 864040 $ 7.27 7/12/2010 809246 $ 10.91 11/23/2010 1125734 $ 10.91 1/19/2011 18322320 ( 1 ) $ 31.44 2/15/2014 21359850

( 1 ) represents warrants sold in connection with the offering of the company 2019s convertible senior notes ( see note 8 ) . treasury stock in connection with its issuance of $ 400.0 million principal amount of 0.625% ( 0.625 % ) convertible senior notes due 2014 on february 16 , 2007 , the company repurchased 11.6 million shares of its outstanding common stock for $ 201.6 million in privately negotiated transactions concurrently with the offering . on february 20 , 2007 , the company executed a rule 10b5-1 trading plan to repurchase up to $ 75.0 million of its outstanding common stock over a period of six months . the company repurchased 3.2 million shares of its common stock under this plan for $ 50.0 million . as of december 30 , 2007 , this plan had expired . on october 23 , 2008 , the board of directors authorized a $ 120.0 million stock repurchase program . as of december 28 , 2008 the company had repurchased 3.1 million shares for $ 70.8 million under the plan in open-market transactions or through privately negotiated transactions in compliance with rule 10b-18 under the securities exchange act of 1934 . as of december 28 , 2008 , $ 49.2 million remains authorized for future repurchases under the program . stockholder rights plan on may 3 , 2001 , the board of directors of the company declared a dividend of one preferred share purchase right ( a right ) for each outstanding share of common stock of the company . the dividend was payable on may 14 , 2001 ( the record date ) to the stockholders of record on that date . each right entitles the registered holder to purchase from the company one unit consisting of one-thousandth of a share of its series a junior participating preferred stock at a price of $ 100 per unit . the rights will be exercisable if a person or group hereafter acquires beneficial ownership of 15% ( 15 % ) or more of the outstanding common stock of the company or announces an offer for 15% ( 15 % ) or more of the outstanding common stock . if a person or group acquires 15% ( 15 % ) or more of the outstanding common stock of the company , each right will entitle its holder to purchase , at the exercise price of the right , a number of shares of common stock having a market value of two times the exercise price of the right . if the company is acquired in a merger or other business combination transaction after a person acquires 15% ( 15 % ) or more of the company 2019s common stock , each right will entitle its holder to purchase , at the right 2019s then-current exercise price , a number of common shares of the acquiring illumina , inc . notes to consolidated financial statements 2014 ( continued ) .

Question: what was the value of the shares exercised in 2011
Answer: 12281757.94
Calculation: multiply(1125734, 10.91)
Explanation: the value of the shares exercised in 2011 12281757.94