Registration document 2007 - Total.com

5
TOTAL stock options awarded to Mr. Thierry Desmarest, Chairman of the Board of TOTAL S.A.
1998 Plan 1999 Plan 2000 Plan 2001 Plan 2002 Plan 2003 Plan 2004 Plan 2005 Plan 2006 Plan Total
Purchase Purchase Purchase Purchase Purchase Subscription Subscription Subscription Subscription
Type of options options options options options options options options options options
Expiration date March 17, June 15, July 11, July 10, July 9, July 16, July 20, July 19, July 18,
Initial exercise price
2006 2007 2008 2009 2010 2011 2012 2013 2014
(in euros)
Exercise price until
93.76 113.00 162.70 168.20 158.30 133.20 159.40 198.90 -
May 23, 2006 (in euros) (a) Exercise price from
23.44 28.25 40.68 42.05 39.58 33.30 39.85 49.73 -
May 24, 2006 (in euros) (a) Options awarded by
the Board (before taking
into account the
- 27.86 40.11 41.47 39.03 32.84 39.30 49.04 50.60
four-for-one stock split) (b) Options awarded by
the Board (after taking
into account the
30,000 40,000 50,000 75,000 60,000 60,000 60,000 60,000 240,000
four-for-one stock split) (b) Options outstanding
120,000 160,000 200,000 300,000 240,000 240,000 240,000 240,000 240,000 1,980,000
as of January 1, 2006 (b) Options exercised up to
- 24,000 52,000 300,000 240,000 176,000 240,000 240,000 - 1,272,000
May 23, 2006 (b) Adjustment related to
- (24,000) (52,000) (120,000) - - - - - (196,000)
the Arkema spin-off (c) Options awarded after
- - - 2,532 3,372 2,476 3,372 3,372 - 15,124
May 24, 2006
Options exercised after
- - - - - - - - 240,000 240,000
May 24, 2006
Options outstanding as of
- - - (80,000) - (116,000) - - - (196,000)
December 31, 2006 - - - 102,532 243,372 62,476 243,372 243,372 240,000 1,135,124
(a) To take into account the four-for-one stock split, the exercise price of stock options has been divided by four. In addition, to take into account the Arkema spin-off, the exercise price of
stock options was multiplied by an adjustment ratio of 0.986147, effective as of May 24, 2006.
(b) The number of options awarded, outstanding or exercised up to May 23, 2006 has been multiplied by four to take into account the four-for-one stock split approved by TOTAL’s
shareholders’ meeting on May 12, 2006.
(c) Adjustments approved by the Board on March 14, 2006 pursuant to Articles 174-9, 174-12 and 174-13 of Decree n° 67-236 dated March 23, 1967 in effect at the time of the Board
meeting as well as at the time of the shareholders’ meeting of TOTAL S.A. on May 12, 2006, related to the spin-off of Arkema. The adjustments were made on May 22, 2006 and became
effective on May 24, 2006.
120
Corporate Governance
Employees, Share Ownership, Stock Options and Restricted Share Grants
TOTAL – Registration Document 2006