AMDOCS LIMITED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS — (Continued) (dollar and share amounts in thousands, except per share data) granted under the Plan is 62,300. Awards granted under the Plan generally vest over a period of four years and stock options have a term of ten years. The following table summarizes information about options to purchase the Company ’ s ordinary shares, as well as changes during the fiscal year ended September 30, 2013: (1) At September 30, 2013, the weighted average remaining contractual life of outstanding and exercisable options was 6.93 and 4.96 years, respectively. The following table summarizes information relating to awards of restricted shares, as well as changes during the fiscal year ended September 30, 2013: The value of restricted shares vested during fiscal 2013, 2012 and 2011 was $20,891, $15,594 and $12,376, respectively. The following table summarizes information about stock options outstanding as of September 30, 2013: F-31 Number of Share Options Weighted Average Exercise Price Outstanding as of October 1, 2012 ............................. 17,654 $29.27 Granted .................................................. 2,821 35.02 Exercised ................................................. (7,243) 29.47 Forfeited ................................................. (1,094) 30.44 Outstanding as of September 30, 2013(1) ........................ 12,138 $30.38 Exercisable as of September 30, 2013(1) ........................ 5,045 $29.53 Number of Shares Weighted Average Grant Date Fair Value Outstanding as of October 1, 2012 ............................. 1,673 $28.36 Granted .................................................. 928 34.82 Vested ................................................... (613) 27.89 Forfeited ................................................. (193) 30.65 Outstanding as of September 30, 2013 .......................... 1,795 $31.61 The total intrinsic value of options exercised during fiscal 2013, 2012 and 2011 was $44,604, $22,929 and $19,394, respectively. Outstanding Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in Years) Weighted Average Exercise Price Number Exercisable Weighted Average Exercise Price $ 0.38 — 26.34 ................... 660 4.03 $19.21 654 $19.15 26.38 — 26.88 ................... 1,587 6.39 26.56 666 26.53 27.12 — 28.66 ................... 2,378 7.15 28.48 915 28.35 28.70 — 29.44 ................... 2,700 7.81 29.29 775 29.23 29.72 — 34.96 ................... 2,365 5.76 33.25 1,430 33.48 35.45 — 35.69 ................... 1,774 8.42 35.65 310 35.45 35.70 — 39.60 ................... 674 6.91 37.44 295 38.35