The following table presents certain financial statement line items as previously reported in 2016 and 2015, the effect of those line items due to treating the cost of shares withheld upon settlement of share-based compensation awards as a financing activity with the Statements of Cash Flows and the line items as currently reported within the financial statements.
## Table 0 ##
Leases.
In February 2016, FASB issued ASU 2016-02 which outlines new guidance on the accounting for leases.
The new guidance requires the recognition of lease assets and lease liabilities on the balance sheets for most leases that were previously deemed operating leases and required only lease expense presentation in the statements of operations.
The guidance is effective for annual and interim reporting periods beginning after December 15, 2018.
The Company is currently evaluating the impact of the adoption of ASU 2016-02 on its financial statements.
Recognition and Measurement of Financial Instruments.
In January 2016, the FASB issued ASU 2016-01 which outlines revised guidance on the accounting for equity investments.
The new guidance states that all equity investments in unconsolidated entities will be measured at fair value, with the change in value being recorded through the income statement rather than being recorded within other comprehensive income.
The updated guidance is effective for annual and interim reporting periods beginning after December 15, 2017.
The Company does not expect the adoption of ASU 2016-01 to have a material impact on its financial statements.
Disclosures about Short-Duration Contracts.
In May 2015, the FASB issued ASU 2015-09, authoritative guidance regarding required disclosures associated with short duration insurance contracts.
The new disclosure requirements focus on information about initial claim estimates and subsequent claim estimate adjustment, methodologies in estimating claims and the timing, frequency and severity of claims related to short duration insurance contracts.
This guidance is effective for annual reporting periods beginning after December 15, 2015 and interim reporting periods beginning after December 15, 2016.
The Company implemented this guidance effective in the fourth quarter of 2016.
Disclosures for Investments in Certain Entities that Calculate Net Asset Value Per Share.
In May 2015, the FASB issued ASU 2015-07, which removes the requirement to categorize, within the fair value hierarchy, investments for which fair values are estimated using the net asset value practical expedient provided by Accounting Standards Codification 820, Fair Value Measurement.
The updated guidance is effective for annual reporting periods beginning after December 15, 2015.
The Company implemented this guidance effective in the fourth quarter of 2016.
The adoption did not have a material impact on the Company’s financial statements.
15.
COMMITMENTS AND CONTINGENCIES In the ordinary course of business, the Company is involved in lawsuits, arbitrations and other formal and informal dispute resolution procedures, the outcomes of which will determine the Company’s rights and obligations under insurance and reinsurance agreements.
In some disputes, the Company seeks to enforce its rights under an agreement or to collect funds owing to it.
In other matters, the Company is resisting attempts by others to collect funds or enforce alleged rights.
These disputes arise from time to time and are ultimately resolved through both informal and formal means, including negotiated resolution, arbitration and litigation.
In all such matters, the Company believes that its positions are legally and commercially reasonable.
The Company considers the statuses of these proceedings when determining its reserves for unpaid loss and loss adjustment expenses.
Aside from litigation and arbitrations related to these insurance and reinsurance agreements, the Company is not a party to any other material litigation or arbitration.
The Company has entered into separate annuity agreements with The Prudential Insurance of America (“The Prudential”) and an additional unaffiliated life insurance company in which the Company has either purchased annuity contracts or become the assignee of annuity proceeds that are meant to settle claim payment obligations in the future.
In both instances, the Company would become contingently liable if either The Prudential or the unaffiliated life insurance company were unable to make payments related to the respective annuity contract.
The table below presents the estimated cost to replace all such annuities for which the Company was contingently liable for the periods indicated:
## Table 1 ##
16.
SHARE-BASED COMPENSATION PLANS The Company has a 2010 Stock Incentive Plan (“2010 Employee Plan”), a 2009 Non-Employee Director Stock Option and Restricted Stock Plan (“2009 Director Plan”) and a 2003 Non-Employee Director Equity Compensation Plan (“2003 Director Plan”).
Under the 2010 Employee Plan, 4,000,000 common shares have been authorized to be granted as nonqualified share options, incentive share options, share appreciation rights, restricted share awards or performance share unit awards to officers and key employees of the Company.
At December 31, 2017, there were 2,553,473 remaining shares available to be granted under the 2010 Employee Plan.
The 2010 Employee Plan replaced a 2002 Employee Plan, which replaced a 1995 Employee Plan; therefore, no further awards will be granted under the 2002 Employee Plan or the 1995 Employee Plan.
Through December 31, 2017, only non-qualified share options, restricted share awards and performance share unit awards had been granted under the employee plans.
Under the 2009 Director Plan, 37,439 common shares have been authorized to be granted as share options or restricted share awards to non-employee directors of the Company.
At December 31, 2017, there were 34,957 remaining shares available to be granted under the 2009 Director Plan.
The 2009 Director Plan replaced a 1995 Director Plan, which expired.
Under the 2003 Director Plan, 500,000 common shares have been authorized to be granted as share options or share awards to non-employee directors of the Company.
At December 31, 2017 there were 346,714 remaining shares available to be granted under the 2003 Director Plan.
Strength Ratings.
The following table shows the current financial strength ratings of the Company’s operating subsidiaries as reported by A. M.  Best, Standard & Poor’s and Moody’s.
These ratings are based upon factors of concern to policyholders and should not be considered an indication of the degree or lack of risk involved in a direct or indirect equity investment in an insurance or reinsurance company.
All of the below-mentioned ratings are continually monitored and revised, if necessary, by each of the rating agencies.
The ratings presented in the following table were in effect as of January 30, 2018.
The Company believes that its ratings are important as they provide the Company’s customers and its investors with an independent assessment of the Company’s financial strength using a rating scale that provides for relative comparisons.
Strong financial ratings are particularly important for reinsurance companies.
Ceding companies must rely on their reinsurers to pay covered losses well into the future.
As a result, a highly rated reinsurer is generally preferred.
## Table 2 ##
A. M.  Best states that the “A+” (“Superior”) rating is assigned to those companies which, in its opinion, have a superior ability to meet their ongoing insurance policy and contract obligations based on A. M.  Best’s comprehensive quantitative and qualitative evaluation of a company’s balance sheet strength, operating performance and business profile.
A. M.  Best affirmed these ratings on February 10, 2017.
Standard & Poor’s states that the “A+”/”A” ratings are assigned to those insurance companies which, in its opinion, have strong financial security characteristics with respect to their ability to pay under its insurance policies and contracts in accordance with their terms.
Standard & Poor’s affirmed these ratings on July 13, 2017.
Moody’s states that an “A1” rating is assigned to companies that, in their opinion, offer upper-medium grade security and are subject to low credit risk.
Moody’s affirmed these ratings on September 19, 2017.
Subsidiaries other than Everest Re and Bermuda Re may not be rated by some or any rating agencies because such ratings are not considered essential by the individual subsidiary’s customers, because of the limited nature of the subsidiary’s operations or because the subsidiaries are newly established and have not yet been rated by the agencies.
Debt Ratings.
The following table shows the debt ratings by A. M.  Best, Standard & Poor’s and Moody’s of the Holdings’ senior notes due June 1, 2044 and long term notes due May 1, 2067 both of which are considered investment grade.
Debt ratings are the rating agencies’ current assessment of the credit worthiness of an obligor with respect to a specific obligation.

Tables referenced above, in order (Table 0 first):
<table><tr><td></td><td colspan="6">Years Ended December 31,</td></tr><tr><td>Consolidated Statements of Cash Flows:</td><td colspan="3">2016</td><td colspan="3">2015</td></tr><tr><td></td><td></td><td>Effect of</td><td></td><td></td><td>Effect of</td><td></td></tr><tr><td></td><td></td><td>adoption of</td><td></td><td></td><td>adoption of</td><td></td></tr><tr><td></td><td>As previously</td><td>new accounting</td><td></td><td>As previously</td><td>new accounting</td><td></td></tr><tr><td></td><td>reported</td><td>policy</td><td>As adopted</td><td>reported</td><td>policy</td><td>As adopted</td></tr><tr><td>(Dollars in thousands)</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>CASH FLOWS FROM OPERATING ACTIVITIES:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in other assets and liabilities, net</td><td>$-56,204</td><td>$10,595</td><td>$-45,609</td><td>$-8,934</td><td>$11,601</td><td>$2,667</td></tr><tr><td>Net cash provided by (used in) operating activities</td><td>1,373,005</td><td>10,595</td><td>1,383,600</td><td>1,096,634</td><td>11,601</td><td>1,108,235</td></tr><tr><td>CASH FLOWS FROM FINANCING ACTIVITIES:</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Cost of shares withheld for taxes on settlements of</td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>share-based compensation awards</td><td>-</td><td>-10,595</td><td>-10,595</td><td>-</td><td>-11,601</td><td>-11,601</td></tr><tr><td>Net cash provided by (used in) financing activities</td><td>-570,921</td><td>-10,595</td><td>-581,516</td><td>-561,569</td><td>-11,601</td><td>-573,170</td></tr></table>
<table><tr><td></td><td>At December 31,</td></tr><tr><td>(Dollars in thousands)</td><td>2017</td><td>2016</td></tr><tr><td>The Prudential Insurance Company of America</td><td>$144,618</td><td>$146,507</td></tr><tr><td>Unaffiliated life insurance company</td><td>34,444</td><td>33,860</td></tr></table>
<table><tr><td>Operating Subsidiary:</td><td>A.M. Best</td><td>Standard & Poor's</td><td>Moody's</td></tr><tr><td>Everest Re</td><td>A+ (Superior)</td><td>A+ (Strong)</td><td>A1 (upper-medium)</td></tr><tr><td>Bermuda Re</td><td>A+ (Superior)</td><td>A+ (Strong)</td><td>A1 (upper-medium)</td></tr><tr><td>Ireland Re</td><td>A+ (Superior)</td><td>A+ (Strong)</td><td>Not Rated</td></tr><tr><td>Everest National</td><td>A+ (Superior)</td><td>A+ (Strong)</td><td>Not Rated</td></tr><tr><td>Everest Indemnity</td><td>A+ (Superior)</td><td>A+ (Strong)</td><td>Not Rated</td></tr><tr><td>Everest Security</td><td>A+ (Superior)</td><td>Not Rated</td><td>Not Rated</td></tr><tr><td>Everest International Assurance, Ltd.</td><td>A+ (Superior)</td><td>A (Strong )</td><td>Not Rated</td></tr><tr><td>Everest International</td><td>A+ (Superior)</td><td>Not Rated</td><td>Not Rated</td></tr><tr><td>Everest Canada</td><td>A+ (Superior)</td><td>Not Rated</td><td>Not Rated</td></tr><tr><td>Everest Denali</td><td>A+ (Superior)</td><td>Not Rated</td><td>Not Rated</td></tr><tr><td>Everest Premier</td><td>A+ (Superior)</td><td>Not Rated</td><td>Not Rated</td></tr><tr><td>Ireland Insurance</td><td>Not Rated</td><td>A+ (Strong)</td><td>Not Rated</td></tr></table>

Question: at december 31 , 2017 under the 2010 employee plan what was the percent of shares that had been granted
Answer: 1.44653e+06
Reasoning program: subtract(4000000,2553473)