Connect - Schneider Electric

Connect - Schneider Electric Connect - Schneider Electric

schneider.electric.com.au
from schneider.electric.com.au More from this publisher
14.11.2012 Views

7 GENERAL PRESENTATION OF SCHNEIDER ELECTRIC SA PERFORMANCE SHARE GRANTS AND STOCK OPTION PLANS Details on outstanding options (2011) The data below are adjusted for the two-for-one share split , effective September 2, 2011. Type of plan (1) Expiration date Exercise price in euros (2) 252 2011 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC Plans as at 1 Janua ry 2011 of which corporate offi cers (3) Number of options exercised during the fi nancial year Number of options cancelled during the fi nancial year Options outstanding at December 31, 2011 Plan Plan date 21 Feb. 5, 2003 S Feb. 4, 2011 22.60 88,452 - 29,674 58,778 - 22 Feb. 5, 2003 S Feb. 4, 2011 22.60 12,940 - 820 12,120 - 23 May 6, 2004 S May. 5, 2011 27.77 30,332 - 8,040 - 22,292 24 May 6, 2004 May 12, S May 5, 2011 27.77 845,644 6 6,156 274,254 - 571,390 25 2005 Jun. 28, S May 11, 2013 28.23 58,940 - 14,872 - 44,068 26 2005 S Jun. 27, 2013 30.09 1,890,198 403,922 234,952 7,676 1,647,570 27 Dec. 1, 2005 Dec. 21, S Nov. 30, 2013 35.70 2,168,392 302,942 265,750 3,232 1,899,410 28 2006 Apr. 23, S/P Dec. 20, 2016 40.67 2,105,646 161,574 291,794 13,130 1,800,722 29 2007 Dec. 19, S/P Apr. 22, 2017 48.52 152,300 - - 8,000 144,300 30 2007 S/P Dec. 18, 2017 46.00 882,440 63,000 - 40,480 841,960 31 Jan. 5, 2009 S/P Jan. 4, 2019 26.06 1,286,900 90,000 - 33,600 1,253,300 (3) 32 33 Aug . 21, 2009 S/P Aug. 20, 2019 31.30 10,000 10,000 - - 10,000 Dec. 21, 2009 S/P Dec. 20, 2019 37.92 1,646,086 130,000 - 21,450 1,624,636 ) 11,178,270 1,22 7,594 1,120,156 198,466 9,859,648 (1) S= subscription option plan / P = purchase option plan. (2) Average of the 20 rates preceding the grant, with no discount or premium. (3) Application of these performance criteria has resulted in the cancellation of 133,760 options granted under plan 31 in 2012. (1 ) Situation of corporate officers, broken down by plan (at December 31, 2011) The data below are adjusted for the two-for-one share split , effective September 2, 2011. (in italics, options still subject to performance conditions) 24 Henri Lachmann 66,156 26 Henri Lachmann 403,922 27 Henri Lachmann 302,942 28 Jean-Pascal Tricoire 161,574 30 Jean-Pascal Tricoire 63,000 31 Jean-Pascal Tricoire 90,000 32 Emmanuel Babeau (2 ) 10,000 33 Jean-pascal Tricoire 100,000 Emmanuel Babeau 30,000 (1) Options attributed at the time of his recruitment as Chief Financial Offi cer. (2) In his role as corporate offi cer at the date of attribution.

Past share plans (at December 31, 2011) The data below are adjusted for the two-for-one share split , effective September 2, 2011. Plan Plan date 4 Dec. 19, 2007 5 Jan. 5, 2009 6 Jan. 5, 2009 7 Aug. 21, 2009 8 Dec. 21, 2009 9 Dec. 21, 2009 10 Dec. 17, 2010 10 June 26, bis 2011 11 Dec. 17, 2010 11 July 26, bis 2011 12 July 26, 2011 13 Dec. 16, and 13 (6 ) bis 2011 14 and 14 (6 ) bis Dec. 16, 2011 Number of benefi - ciaries at inception Number of shares at inception Vesting period Holding period Performance criteria GENERAL PRESENTATION OF SCHNEIDER ELECTRIC SA PERFORMANCE SHARE GRANTS AND STOCK OPTION PLANS % of targets reached (1) Rights cancelled for non-achievement of targets. (2) Rights after cancellations for non-achievement of targets. (3) Application of the performance conditions led to the cancellation of 55,394 shares in 2010 (plan 4). (4) Excluding restructuring costs. (5) 53,064 shares were delivered on December 19, 2011 . (6 ) Plans 13 bis and 14 bis each include a benefi ciary. The vesting conditions are identical to those of plans 13 and 14. 2011 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC Rights cancel- (1) (3) led Corporate offi - cers (2) Total rights cancelled since the grant Rights outstanding at December 31, 2011 274 114,500 4 years 0 50% of shares - 2008 and 2009 operating margin and revenue - 55,394 0 10,052 0 (5) 342 287,430 3 years 2 years 50% of shares/100% for the Management Board - 2011 operating margin (4) and share of revenue generated in the new economies 2011 100 - 22,500 14,600 272,830 721 424,702 4 years 0 As plan 5 100 - 0 30,954 393,748 1 2,500 3 years 2 years without - - 2,500 0 2,500 395 319,506 2 years 2 years 50% of shares/100% for the Management Board - 2010 and 2011 operating margin (4) and share of revenues generated in the new economies in 2011 100 - 32,500 1,544 317,962 1,184 780,190 4 years 0 As plan 9 100 - 0 29,780 750,410 658 665,524 2 years and 3 months 2 years 50% of shares/100% for the Management Board - 2011 and 2012 operating margin (4) and 2011 and 2012 average revenue growth compared to changes in world GDP over the same period - - 70,000 3,544 661,980 1 3,000 2 years 2 years As plan 10 - - 0 0 3,000 1,702 1,161,696 4 years 0 As plan 10 - - 0 0 1,136,076 1 5,882 4 years 0 As plan 10 - - 0 0 5,882 1 19,850 4 years 0 with no performance conditions - - 0 0 19,850 608 647,943 2 years 2 years 50% of the shares/100% and for the Management 3 months Board and Executive Committee - 2012 and 2013 (4) - - 72,000 0 647,943 operating margin and change in the Planet &Society barometer to the end of 2013 2,029 1,386,800 4 years 0 As plan 13 - - 0 0 1,386,800 5,819,523 55,394 199,500 90,474 5,598,981 253 7

Past share plans (at December 31, 2011)<br />

The data below are adjusted for the two-for-one share split , effective September 2, 2011.<br />

Plan Plan date<br />

4 Dec. 19,<br />

2007<br />

5 Jan. 5,<br />

2009<br />

6 Jan. 5,<br />

2009<br />

7 Aug. 21,<br />

2009<br />

8 Dec. 21,<br />

2009<br />

9 Dec. 21,<br />

2009<br />

10 Dec. 17,<br />

2010<br />

10 June 26,<br />

bis 2011<br />

11 Dec. 17,<br />

2010<br />

11 July 26,<br />

bis 2011<br />

12 July 26,<br />

2011<br />

13 Dec. 16,<br />

and<br />

13<br />

(6 ) bis<br />

2011<br />

14<br />

and<br />

14<br />

(6 ) bis<br />

Dec. 16,<br />

2011<br />

Number<br />

of benefi -<br />

ciaries at<br />

inception<br />

Number of<br />

shares at<br />

inception<br />

Vesting<br />

period<br />

Holding<br />

period Performance criteria<br />

GENERAL PRESENTATION OF SCHNEIDER ELECTRIC SA<br />

PERFORMANCE SHARE GRANTS AND STOCK OPTION PLANS<br />

% of<br />

targets<br />

reached<br />

(1) Rights cancelled for non-achievement of targets.<br />

(2) Rights after cancellations for non-achievement of targets.<br />

(3) Application of the performance conditions led to the cancellation of 55,394 shares in 2010 (plan 4).<br />

(4) Excluding restructuring costs.<br />

(5) 53,064 shares were delivered on December 19, 2011 .<br />

(6 ) Plans 13 bis and 14 bis each include a benefi ciary. The vesting conditions are identical to those of plans 13 and 14.<br />

2011 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC<br />

Rights<br />

cancel-<br />

(1) (3) led <br />

Corporate<br />

offi -<br />

cers (2)<br />

Total<br />

rights<br />

cancelled<br />

since the<br />

grant<br />

Rights<br />

outstanding<br />

at<br />

December 31,<br />

2011<br />

274 114,500 4 years 0 50% of shares - 2008<br />

and 2009 operating<br />

margin and revenue<br />

- 55,394 0 10,052 0 (5)<br />

342 287,430 3 years 2 years 50% of shares/100% for<br />

the Management Board -<br />

2011 operating margin (4)<br />

and share of revenue<br />

generated in the new<br />

economies 2011<br />

100 - 22,500 14,600 272,830<br />

721 424,702 4 years 0 As plan 5 100 - 0 30,954 393,748<br />

1 2,500 3 years 2 years without - - 2,500 0 2,500<br />

395 319,506 2 years 2 years 50% of shares/100% for<br />

the Management Board -<br />

2010 and 2011 operating<br />

margin (4) and share of<br />

revenues generated in the<br />

new economies in 2011<br />

100 - 32,500 1,544 317,962<br />

1,184 780,190 4 years 0 As plan 9 100 - 0 29,780 750,410<br />

658 665,524 2 years<br />

and<br />

3 months<br />

2 years 50% of shares/100% for<br />

the Management Board -<br />

2011 and 2012 operating<br />

margin (4) and 2011 and<br />

2012 average revenue<br />

growth compared to<br />

changes in world GDP<br />

over the same period<br />

- - 70,000 3,544 661,980<br />

1 3,000 2 years 2 years As plan 10 - - 0 0 3,000<br />

1,702 1,161,696 4 years 0 As plan 10 - - 0 0 1,136,076<br />

1 5,882 4 years 0 As plan 10 - - 0 0 5,882<br />

1 19,850 4 years 0 with no performance<br />

conditions<br />

- - 0 0 19,850<br />

608 647,943 2 years 2 years 50% of the shares/100%<br />

and<br />

for the Management<br />

3 months<br />

Board and Executive<br />

Committee - 2012 and<br />

2013 (4) - - 72,000 0 647,943<br />

operating margin<br />

and change in the Planet<br />

&Society barometer to<br />

the end of 2013<br />

2,029 1,386,800 4 years 0 As plan 13 - - 0 0 1,386,800<br />

5,819,523 55,394 199,500 90,474 5,598,981<br />

253<br />

7

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!