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REPORTS OF THE BOARD OF DIRECTORS
8
SPECIAL REPORT ON STOCK OPTIONS
The vesting period for this free share plan will end on 29 April 2017
and the lock-up period will end on 29 April 2019.
In the year ended 31 December 2016
At its meeting on 4 July 2016, the Board of Directors used the
authorisation granted by shareholders in the 24
th
resolution of the Annual
General Meeting of 24 May 2016 to award 300,300 performance
shares to 91 people
(1)
.
The vesting period for this performance share plan will end on 30 April
2017 for Tranche 1 and 30 April 2020 for Tranche 2. There is no
lock-up period.
At its meeting on 7 November 2016, the Board of Directors used the
authorisation granted by shareholders in the 24
th
resolution of the Annual
General Meeting of 24 May 2016 to award 7,000 performance
shares to 1 person
(1)
.
The vesting period for this performance share plan will end on
31 December 2018 and there is no lock-up period.
8.3.4
FREE SHARES AND PERFORMANCE
SHARES AWARDED DURING THE
YEAR ENDED 31 DECEMBER 2016 BY
RELATED COMPANIES AS DEFINED IN
ARTICLE L. 225-197-2 OF THE FRENCH
COMMERCIAL CODE
None.
8.3.5
FREE SHARES AND PERFORMANCE
SHARES AWARDED BY CONTROLLED
COMPANIES AS DEFINED IN
ARTICLE L. 233-16 OF THE FRENCH
COMMERCIAL CODE
None.
(1) The vesting of these shares was/is subject to the beneficiary still forming part of the Group at the vesting date.
8.4
SPECIAL REPORT ON STOCK OPTIONS
Not applicable.
Paris, 7 March 2017
Dominique Louis
Chairman and Chief Executive Officer
ASSYSTEM
REGISTRATION DOCUMENT
2016
174