Worldline - Registration Document 2016

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17
Employees
Employee Shareholding Plans and Long-Term Incentive Plans
157 Worldline 2016 Registration Document
Employee Shareholding Plans and Long-Term 17.3
Incentive Plans [GRI 102-37]
Employee Shareholding Plans 17.3.1
regarding 2015.
description of this Plan, please refer to the Reference Document
Meeting on May 28, 2015 under the 17th resolution. For a
to the authorization granted by the General Shareholders’
2014. Boost 2015 was launched on December 4, 2015, pursuant
this Plan, please refer to the Reference Document regarding
(“Boost”) took place on November 20, 2014. For a description of
The launch of the Worldline first employee shareholding plan
Long-Term Incentive Plans [GRI 102-28] and [GRI 102-37] 17.3.2
the CEO.
such LTI plans are mostly Top Managers of the Group, including
notably through Long-Term Incentive plans. Beneficiaries of
with the long-term performance and results of the Company,
Worldline is strongly committed to associating its employees
detailed below.
The performance conditions applicable to these plans are also
refer to the Reference Documents relating to 2014 and 2015.
held on June 13, 2014. For a description of these Plans, please
accordance with the 18th resolution of the shareholder meeting
Directors of September, 3rd 2014 and July 27, 2015, in
In order to reward and retain key-talents and top managers,
and 2015, respectively approved by the Worldline Board of
Worldline implemented its two first stock-options plans in 2014
the Company strategy.
plans based on performance criteria reflecting the key factors of
Committee, the Board of Directors decided to implement new
Upon recommendation of the Nomination and Compensation
Directors.
stock-options plans, which were not offered to any Executive
In 2016, Worldline implemented its third and fourth
CEO are detailed under Section 9 of the Reference Document.
the grant of performance shares or stock-options granted to the
held on July 25, 2016 to grant ordinary performance shares of
Committee, the Board of Directors decided during its meeting
Upon recommendation of the Nomination and Compensation
2016 performance shares plan, as well as the historical data on
key-talents of Worldline, including the CEO. The conditions of the
the Company, existing or to be issued, to the Top Managers and
equensWorldline Board of Directors.
shares plan exclusively in favor of the members of the
Early 2017, Worldline implemented an ordinary performance
Grant of stock subscription or purchase options 17.3.3
Please refer to Chapter 9 of the Reference Document regarding
are detailed.
“Options”) and performance shares plans, where previous grants
stock subscription or purchase options Plans (“stock-options” or according to the Guide for the Prevention of Insider Trading.
vest on May 25, 2018. Provided the conditions below are met,
of Directors) in favor of 52 beneficiaries. The stock-options will
compliance with the “closed periods” as set by the Company
(with some exceptions provided in the Plan Rules), in
Period, i.e. between May 25, 2018 and May 24, 2026 included
the stock-options can only be exercised during the Exercise
held on June 13, 2014. 196,000 stock-options Worldline were
accordance with the 18th resolution of the shareholder meeting
Worldline Board of Directors on February 22, 2016 in
implemented its third stock-options plan, approved by the
issued on May 25, 2016 (being the date of grant set by the Board
In order to reward and retain identified key-talents, Worldline resolution of the shareholder meeting held on June 13, 2014, to
Board of Directors on July 25, 2016 in accordance with the 18th
A fourth stock-options plan was approved by the Worldline
Insider Trading.
by the Company according to the Guide for the Prevention of
in the Plan Rules), in compliance with the “closed periods” as set
August 16, 2016 (being the date of grant set by the Board of
key-talents. 45,000 stock-options Worldline were issued on
reward and retain two new hired employees considered as
and August 15, 2026 included (with some exceptions provided
exercised during the Exercise Period, i.e. between May 25, 2018
the conditions below are met, the stock-options can only be
Directors). The stock-options will vest on May 25, 2018. Provided