content_image/6900.jpg content_image/6901.jpg content_image/6904.jpg
## NOTE I — STOCK OPTIONS AND WARRANTS — (continued) 

The following table summarizes EMCOR’s stock option and stock bonus plan activity since December 31, 1998: 

<img src='content_image/6900.jpg'>

<img src='content_image/6901.jpg'>

At December 31, 2001, 2000 and 1999, approximately 1,271,000, 1,005,000 and 943,000 options were exercisable, respectively. The weighted average exercise price of exercisable options at December 31, 2001, 2000 and 1999 was approximately $18.18, $12.77 and $12.28, respectively. 

The following table summarizes information about EMCOR’s stock options at December 31, 2001: 

<img src='content_image/6904.jpg'>

The weighted average fair value of options granted during 2001, 2000 and 1999 were $30.02, $19.18 and $18.41, respectively. 

