Free Writing Prospectus

Zions Bancorporation has filed a registration statement (including a prospectus) with the SEC (File no. 333-132868) for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. You may also get a copy at www.esoars.com
 

The following table represents a summary of the data that follows it. The summary includes for the large annual grants in the years 1998 - 2004 (as more fully described below) information for grants in those years to the top 120 grantees in each year (as measured by size of the grant) and for the entire grant in each such year.
 

Summary of Cancellations for Top 120 Grantees and Entire Grant, 1998 - 2004
 
                         
 
Grants to top 120 grantees (measured by number of shares)
   
Total Grant
 
Grant Date
Granted to top 120
% of Total
Total Cancelled and Forfeited
%
Tested and Cancelled
%
 
Total Granted
Total Cancelled and Forfeited
%
Vested and Canceled
%
4/24/1998
487,250
78.0%
116,541
23.9%
48,329
9.9%
 
624,725
163,343
26.1%
63,518
10.2%
4/23/1999
502,000
67.2%
482,500
96.1%
409,450
81.6%
 
746,750
718,000
96.1%
589,553
78.9%
3/31/2000
595,205
62.8%
79,870
13.4%
10,751
1.8%
 
947,500
167,194
17.6%
45,358
4.8%
5/26/2000
236,860
67.2%
35,669
15.1%
5,417
2.3%
 
352,250
62,922
17.9%
13,144
3.7%
4/20/2001
827,470
56.2%
153,150
18.5%
13,263
1.6%
 
1,473,270
315,502
21.4%
89,167
6.1%
4/26/2002
929,225
58.9%
84,004
9.0%
4,250
0.5%
 
1,577,550
221,611
14.0%
27,993
1.8%
1/22/2003
799,825
54.7%
55,634
7.0%
-
0.0%
 
1,463,450
177,741
12.1%
17,062
1.2%
4/30/2004
995,850
58.6%
62,392
6.3%
4,084
0.4%
 
1,699,750
142,112
8.4%
10,484
0.6%
 

The option cancellation data set forth below relates to the cancellation of options by the top 120 grantees in each year (as measured by size of the grant) for our large option grants from 1998 to 2004. The data is intended to supplement the select historical summary information provided in our preliminary prospectus supplement filed with the SEC on April 24, 2007, related to our registration statement filed with the SEC on March 31, 2006 (File no. 333-132868). The select historical summary information is under the heading “HISTORICAL STOCK OPTION EXERCISE DATA” starting on page S-22 of the preliminary prospectus supplement. This data are presented for each of the large option grants that we have made annually to select employees from 1998 to 2004. Unlike the separately filed data presented in our free writing prospectus dated April 27, 2006 that includes cancellation of options for all grantees, this data only includes cancellation of options by the top 120 grantees in each year, as measured by size of the grant. From time to time throughout each year, we have also made additional, smaller option grants, largely to newly-hired employees. We do not reflect these additional, smaller option grants in the tables, charts and graphs contained in the preliminary prospectus supplement nor in the data presented below. We also do not reflect option grants made to our directors and option grants made pursuant to the "You're the Owner" program, which has been discontinued. In 2000, we made two sizeable option grants, the cancelation data for each of which we have provided below and selectively summarized in the preliminary prospectus supplement. Only option cancellations that occurred on or before March 31, 2007 are shown.
 
The following data items are presented for each cancellation of the relevant employee stock option grants.
 
Grant Date - The date on which Zions Bancorporation’s board of directors authorized the granting of the applicable options to employees.
 
Granted Shares - The number of shares granted to an individual to which the associated canceled shares pertain.
 
Cancellation Date - The date on which the options were cancelled.
 
Number Cancelled - The number of options cancelled, irrespective of their vesting status.
 

Grant Date
Granted Shares
Cancellation Date
Cancelled
04/24/98
1250
09/04/98
1250
04/24/98
4000
10/14/98
4000
04/24/98
2750
01/01/99
2750
04/24/98
2500
01/01/99
2500
04/24/98
8000
03/31/99
8000
04/24/98
1500
04/02/99
1125
04/24/98
3000
04/07/99
3000
04/24/98
1250
04/16/99
1250
04/24/98
2000
05/31/99
1500
04/24/98
1250
09/03/99
938
04/24/98
1600
10/01/99
1200
04/24/98
3000
10/15/99
2250
04/24/98
2000
10/22/99
1500
04/24/98
5000
10/31/99
4400
04/24/98
2000
01/31/00
2000
04/24/98
4000
02/29/00
3000
04/24/98
1250
03/10/00
938
04/24/98
2000
03/25/00
1500
04/24/98
15000
04/30/00
15000
04/24/98
3000
05/31/00
2250
04/24/98
3000
06/09/00
3000
04/24/98
5500
06/16/00
4125
04/24/98
2000
07/07/00
2000
04/24/98
1500
11/24/00
750
04/24/98
2400
12/31/00
1200
04/24/98
15000
05/31/01
3750
04/24/98
1250
05/31/01
313
04/24/98
22000
06/29/01
5500
04/24/98
2000
04/01/02
500
04/24/98
3000
05/31/02
3000
04/24/98
4000
11/04/02
4000
04/24/98
2000
02/14/03
2000
04/24/98
1250
02/26/03
1250
04/24/98
1250
02/26/03
313
04/24/98
1250
03/07/03
1250
04/24/98
4000
05/08/03
4000
04/24/98
16000
01/01/04
8000
04/24/98
4000
04/24/04
3000
04/24/98
2500
04/24/04
2500
04/24/98
3000
04/24/04
1801
04/24/98
1250
04/24/04
1250
04/24/98
1250
04/24/04
1250
04/24/98
1250
04/24/04
938
04/24/98
2000
04/24/04
500
04/23/99
3000
09/17/99
3000
04/23/99
3000
10/15/99
3000
04/23/99
2000
10/15/99
2000
04/23/99
2500
10/31/99
2500
04/23/99
1600
01/31/00
1600
04/23/99
3000
02/29/00
3000
04/23/99
2000
03/25/00
2000
04/23/99
2000
04/05/00
2000
04/23/99
6500
04/30/00
6500
04/23/99
4000
05/06/00
4000
04/23/99
3500
05/31/00
3500
04/23/99
1500
05/31/00
1500
04/23/99
3000
06/09/00
3000
04/23/99
4000
06/16/00
4000
04/23/99
3000
08/18/00
3000
04/23/99
2000
08/22/00
2000
04/23/99
2000
12/31/00
2000
04/23/99
2000
12/31/00
2000
04/23/99
3900
05/31/01
3900
04/23/99
22000
06/29/01
22000
04/23/99
2000
07/13/01
2000
04/23/99
3000
08/22/01
3000
04/23/99
1500
09/30/01
1500
04/23/99
3000
11/01/01
3000
04/23/99
2000
11/30/01
2000
04/23/99
6000
12/31/01
6000
04/23/99
1500
03/31/02
1500
04/23/99
2000
04/01/02
2000
04/23/99
1600
04/01/02
1600
04/23/99
2800
05/29/02
2800
04/23/99
3000
05/31/02
3000
04/23/99
3000
06/12/02
3000
04/23/99
3000
06/13/02
3000
04/23/99
6000
09/30/02
6000
04/23/99
3000
11/04/02
3000
04/23/99
2000
01/11/03
2000
04/23/99
1500
02/14/03
1500
04/23/99
3100
05/08/03
3100
04/23/99
2000
06/06/03
2000
04/23/99
3000
06/23/03
3000
04/23/99
2000
06/30/03
2000
04/23/99
3500
07/05/03
3500
04/23/99
5000
10/10/03
5000
04/23/99
16000
01/01/04
16000
04/23/99
3000
01/31/04
3000
04/23/99
1500
03/02/04
1500
04/23/99
1250
03/15/04
1250
04/23/99
3100
03/26/04
3100
04/23/99
2000
06/30/04
2000
04/23/99
2400
07/08/04
2400
04/23/99
3000
02/11/05
3000
04/23/99
2400
03/31/05
2400
04/23/99
1250
03/31/05
1250
04/23/99
36000
04/23/05
36000
04/23/99
24000
04/23/05
24000
04/23/99
18000
04/23/05
18000
04/23/99
16000
04/23/05
16000
04/23/99
16000
04/23/05
16000
04/23/99
15000
04/23/05
15000
04/23/99
15000
04/23/05
15000
04/23/99
14000
04/23/05
14000
04/23/99
7000
04/23/05
7000
04/23/99
6000
04/23/05
6000
04/23/99
6000
04/23/05
6000
04/23/99
6000
04/23/05
6000
04/23/99
5000
04/23/05
5000
04/23/99
5000
04/23/05
5000
04/23/99
5000
04/23/05
5000
04/23/99
4500
04/23/05
4500
04/23/99
4000
04/23/05
4000
04/23/99
4000
04/23/05
4000
04/23/99
4000
04/23/05
4000
04/23/99
4000
04/23/05
4000
04/23/99
4000
04/23/05
4000
04/23/99
4000
04/23/05
4000
04/23/99
3000
04/23/05
3000
04/23/99
3000
04/23/05
3000
04/23/99
3000
04/23/05
3000
04/23/99
3000
04/23/05
3000
04/23/99
3000
04/23/05
3000
04/23/99
3000
04/23/05
3000
04/23/99
3000
04/23/05
3000
04/23/99
3000
04/23/05
3000
04/23/99
2750
04/23/05
2750
04/23/99
2500
04/23/05
2500
04/23/99
2500
04/23/05
2500
04/23/99
2500
04/23/05
2500
04/23/99
2500
04/23/05
2500
04/23/99
2000
04/23/05
2000
04/23/99
2000
04/23/05
2000
04/23/99
2000
04/23/05
2000
04/23/99
2000
04/23/05
2000
04/23/99
2000
04/23/05
2000
04/23/99
2000
04/23/05
2000
04/23/99
2000
04/23/05
2000
04/23/99
2000
04/23/05
2000
04/23/99
2000
04/23/05
2000
04/23/99
2000
04/23/05
2000
04/23/99
2000
04/23/05
2000
04/23/99
2000
04/23/05
2000
04/23/99
2000
04/23/05
2000
04/23/99
2000
04/23/05
2000
04/23/99
2000
04/23/05
2000
04/23/99
2000
04/23/05
2000
04/23/99
1600
04/23/05
1600
04/23/99
1500
04/23/05
1500
04/23/99
1500
04/23/05
1500
04/23/99
1500
04/23/05
1500
04/23/99
1500
04/23/05
1500
04/23/99
1500
04/23/05
1500
04/23/99
1500
04/23/05
1500
04/23/99
1500
04/23/05
1500
04/23/99
1250
04/23/05
1250
03/31/00
5000
05/31/00
5000
03/31/00
3000
06/09/00
3000
03/31/00
1750
08/18/00
1750
03/31/00
2000
08/22/00
2000
03/31/00
4000
12/31/00
4000
03/31/00
3000
05/29/01
2000
03/31/00
24000
05/31/01
16000
03/31/00
26000
06/29/01
17334
03/31/00
4000
06/29/01
2667
03/31/00
1750
11/01/01
1167
03/31/00
6000
12/31/01
4000
03/31/00
3250
03/31/02
1084
03/31/00
3000
04/30/02
1000
03/31/00
3000
05/31/02
3000
03/31/00
6600
09/30/02
2200
03/31/00
3000
11/04/02
3000
03/31/00
2000
01/11/03
667
03/31/00
3000
05/08/03
3000
03/31/00
6000
08/01/03
4000
03/31/00
3000
03/31/07
1000
03/31/00
3000
03/31/07
1000
03/31/00
3000
03/31/07
1000
03/31/00
4000
03/31/07
1
05/26/00
1300
08/18/00
1300
05/26/00
2000
08/22/00
2000
05/26/00
2000
09/13/00
2000
05/26/00
2000
10/16/00
2000
05/26/00
2000
12/01/00
2000
05/26/00
4000
12/31/00
4000
05/26/00
1500
05/29/01
1000
05/26/00
3500
06/15/01
3500
05/26/00
1750
06/29/01
1167
05/26/00
4000
08/10/01
2667
05/26/00
1300
11/01/01
867
05/26/00
1500
05/29/02
500
05/26/00
2000
05/31/02
2000
05/26/00
2000
06/13/02
667
05/26/00
7500
09/30/02
2500
05/26/00
1500
11/04/02
1500
05/26/00
1500
01/31/03
500
05/26/00
4000
02/21/03
1334
05/26/00
1500
05/08/03
1500
05/26/00
2500
08/01/03
1667
05/26/00
1000
03/31/05
1000
04/20/01
7000
05/14/01
7000
04/20/01
30000
05/31/01
30000
04/20/01
40000
06/29/01
40000
04/20/01
4680
08/10/01
4680
04/20/01
10000
12/31/01
10000
04/20/01
3500
03/31/02
3500
04/20/01
4500
04/12/02
4500
04/20/01
2550
04/30/02
2550
04/20/01
5000
05/31/02
3334
04/20/01
5000
06/13/02
5000
04/20/01
3000
06/28/02
3000
04/20/01
7000
09/30/02
7000
04/20/01
3000
01/11/03
3000
04/20/01
3500
01/31/03
3500
04/20/01
5000
02/21/03
5000
04/20/01
4500
05/08/03
4500
04/20/01
4000
06/01/03
1334
04/20/01
3000
06/06/03
3000
04/20/01
4500
06/23/03
1500
04/20/01
4000
07/05/03
1334
04/20/01
3250
08/04/03
1084
04/20/01
2500
01/31/04
834
04/20/01
3000
02/01/04
1000
04/20/01
3000
02/04/04
1000
04/20/01
3000
03/02/04
1000
04/20/01
4500
03/26/04
1500
04/20/01
3000
03/03/05
3000
04/26/02
5000
06/13/02
5000
04/26/02
4500
10/17/02
4500
04/26/02
4000
01/31/03
4000
04/26/02
17500
02/12/03
17500
04/26/02
6000
02/21/03
6000
04/26/02
7500
03/01/03
7500
04/26/02
4000
05/08/03
4000
04/26/02
4000
06/01/03
2667
04/26/02
4000
06/06/03
4000
04/26/02
4000
06/23/03
2667
04/26/02
5000
07/05/03
3334
04/26/02
5000
08/29/03
3334
04/26/02
3000
02/01/04
2000
04/26/02
3000
02/04/04
2000
04/26/02
3500
03/02/04
2334
04/26/02
3500
03/26/04
2334
04/26/02
3000
08/03/04
1000
04/26/02
3000
02/01/05
1000
04/26/02
17500
02/11/05
5834
04/26/02
3000
04/29/05
3000
01/22/03
11700
02/12/03
11700
01/22/03
10000
03/01/03
10000
01/22/03
4000
05/08/03
4000
01/22/03
4000
06/06/03
4000
01/22/03
3000
02/04/04
2000
01/22/03
3000
02/21/04
2000
01/22/03
3900
03/02/04
2600
01/22/03
3000
07/08/04
2000
01/22/03
3000
07/30/04
2000
01/22/03
3000
08/03/04
2000
01/22/03
3000
11/12/04
2000
01/22/03
3500
02/01/05
1167
01/22/03
11700
02/11/05
3900
01/22/03
3500
02/28/05
1167
01/22/03
3300
03/25/05
1100
01/22/03
3000
03/25/05
1000
01/22/03
3000
05/02/05
1000
01/22/03
6000
12/31/05
2000
04/30/04
3000
07/30/04
3000
04/30/04
4000
08/03/04
4000
04/30/04
4000
08/14/04
4000
04/30/04
3000
09/09/04
3000
04/30/04
3500
02/01/05
3500
04/30/04
16000
02/11/05
16000
04/30/04
4000
03/25/05
4000
04/30/04
8000
12/31/05
5334
04/30/04
4000
02/21/06
2667
04/30/04
7500
05/08/06
2500
04/30/04
5500
05/12/06
5500
04/30/04
4000
05/12/06
1890
04/30/04
8000
12/31/06
5334
04/30/04
5000
01/06/07
1667