VINCI - 2005 annual report

6.3. OPTIONS GRANTED OR EXERCISED IN 2005
Options granted to or exercised by each company offi cer
Number of options Weighted
granted/shares average
subscribed to price
or purchased in euros
Options granted by VINCI during the period to each company offi cer
Antoine Zacharias 894,000 49.40
Xavier Huillard 120,000 49.40
Roger Martin 120,000 49.40
Options exercised during the period by each company offi cer
Antoine Zacharias 635,000 26.99
Xavier Huillard 131,500 26.62
Roger Martin 165,000 21.60
Note: the number of options and the exercise price are adjusted for the two-for-one share split in May 2005.
Options granted to or exercised by the ten employees, other than company offi cers,
who received or exercised the most options
Number of options Weighted
granted/shares average
subscribed to price
or purchased in euros
Total number of options granted by VINCI during the period 588,000 49.40
to the ten employees, other than company offi cers,
to whom the largest number of options were granted
Total number of VINCI options exercised during the period 960,130 26.87
by the ten employees, other than company offi cers, who purchased
or subscribed to the largest number of shares through exercise of options
Note: the number of options and the exercise price are adjusted for the two-for-one share split in May 2005.
6.4. SHARE OPTION PLAN DEVELOPMENTS IN 2006
On 9 January 2006, the Board of Directors decided to implement a share
subscription plan covering 1,315,000 options, including 925,000 granted
to company offi cers, at an exercise price of €72.65.
Between 1 January and 31 January 2006, 442,004 options were exercised,
of which 325,736 were subscription options and 116,268 purchase
options.
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VINCI 2005 ANNUAL REPORT
Taking all this into account, the number of options not exercised at 31
January 2006 was 21,991,949 at an average exercise price of €34.97
(comprising 20,057,989 subscription options at an average price of €36.05
and 1,933,960 purchase options at an average price of €23.78).