what is the total value of granted options in 2007 , in millions?
stock options 2005 stock and incentive plan in june 2005 , the stockholders of the company approved the 2005 stock and incentive plan ( the 2005 stock plan ) . upon adoption of the 2005 stock plan , issuance of options under the company 2019s existing 2000 stock plan ceased . additionally , in connection with the acquisition of solexa , the company assumed stock options granted under the 2005 solexa equity incentive plan ( the 2005 solexa equity plan ) . as of december 30 , 2007 , an aggregate of up to 13485619 shares of the company 2019s common stock were reserved for issuance under the 2005 stock plan and the 2005 solexa equity plan . the 2005 stock plan provides for an automatic annual increase in the shares reserved for issuance by the lesser of 5% ( 5 % ) of outstanding shares of the company 2019s common stock on the last day of the immediately preceding fiscal year , 1200000 shares or such lesser amount as determined by the company 2019s board of directors . as of december 30 , 2007 , options to purchase 1834384 shares remained available for future grant under the 2005 stock plan and 2005 solexa equity plan . the company 2019s stock option activity under all stock option plans from january 2 , 2005 through december 30 , 2007 is as follows : options weighted- average exercise price .

|  | Options | Weighted-   Average   Exercise Price |
| :--- | :--- | :--- |
| Outstanding at January 2, 2005 | 6,205,020 | $6.99 |
| Granted | 2,992,300 | $10.02 |
| Exercised | (869,925) | $4.66 |
| Cancelled | (1,001,964) | $11.00 |
| Outstanding at January 1, 2006 | 7,325,431 | $7.96 |
| Granted | 2,621,050 | $27.24 |
| Exercised | (1,273,119) | $7.28 |
| Cancelled | (314,242) | $12.44 |
| Outstanding at December 31, 2006 | 8,359,120 | $13.94 |
| Options assumed through business combination | 1,424,332 | $21.37 |
| Granted | 3,784,508 | $40.64 |
| Exercised | (2,179,286) | $12.06 |
| Cancelled | (964,740) | $22.38 |
| Outstanding at December 30, 2007 | 10,423,934 | $24.26 |

illumina , inc . notes to consolidated financial statements 2014 ( continued ) .

shares_granted = 3784508
price = 40.64
value = shares_granted * price
answer = value / 1000000