BIO KEY INTERNATIONAL INC | 2013 | FY | 3


   

Total Warrants

   

Weighted

average

exercise

price

   

Weighted

average

remaining

life

(in years)

   

Aggregate

intrinsic

value

 
                                 

Outstanding, as of December 31, 2011

    8,250,000     $ 0.30                  
                                 

Granted

                           

Exercised

                           

Forfeited

                           

Expired

                           

Outstanding, as of December 31, 2012

    8,250,000     $ 0.30       2.97          
                                 

Granted

    30,419,129       0.25                  

Exercised

                           

Forfeited

                           

Expired

                           

Outstanding, as of December 31, 2013

    38,669,129     $ 0.26       2.79        

Vested or expected to vest at December 31, 2013

    38,669,129     $ 0.26       2.79        

Exercisable at December 31, 2013

    38,669,129     $ 0.26       2.79        

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