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G
Corporate governance and capital
G.4
Executive compensation and stock ownership
Atos
|
Registration Document 2016
281
G
Performance shares granted during the year to the Chairman and CEO –
G.4.3.5
AMF Table 6
resolution), the Board of Directors, during its meeting held on
July 26, 2016, upon recommendation of the Nomination and
year. Pursuant to the authorization granted by the Atos
Shareholders’ General Meeting held on May 26, 2016 (twentieth
The below table shows the performance shares granted to the
Chairman and CEO, and in particular those granted during the
Remuneration Committee, decided the free grant of performance
hereafter are summarized in the “Past grants of performance
shares” section.
shares. Atos Chairman and CEO is one of the beneficiaries of this
grant. Performance conditions related to the various plans stated
Plan date
Number of shares
Acquisition date
Availability date*
(in €)
**
Share valuation
Chairman and CEO
2011
December 22,
32,500
2013
December 22,
December 22,
2015
926,957
December 22, 2011
32,500
March 17, 2014
March 17, 2016
913,680
July 24, 2013
45,000
July 24, 2015
July 24, 2017
2,250,773
July 28, 2014
46,000
July 28, 2016
July 28, 2018
1,543,058
July 28, 2015
55,000
January 2, 2018
January 2, 2020
2,142,282
July 26, 2016
54,700
1
July 26, 2019
July 26, 2019
2,456,445
The Chairman and CEO is subject to a conservation obligation for the duration of his mandate of:
*
25% of the performance shares vested in respect of the plan dated December 22, 2011;
•
15% of the performance shares vested in respect of the plans dated July 24, 2013 and July 28, 2014;
•
15% of the performance shares which might be vested in respect of the plans dated July 28, 2015 and July 26, 2016.
•
performance criteria and the probability of presence in the Company after the vesting period, but before spreading the load under IFRS 2
throughout the vesting period. As from 2014, a probability of realization of the performance criteria has been included.
Valuation of the shares at their grant date, pursuant to the application of the IFRS 2, after taking account of any discount related to
**
Actual grant according to the modulation rules established by the Board of Directors for the Executive Director and the members of the
1
Atos Group general management (refer to G.4.3.1 for further details)
Performance shares that have become available during the year for the Chairman
G.4.3.6
and CEO – AMF Table
7
availability terms are described above, in the paragraph related to the past grants of performance shares.
During 2016, the second half of the performance shares granted on December 22, 2011 (Tranche 2) became available for possible sale
to the beneficiaries according to the France plan rules. The Atos Chairman and CEO is a beneficiary of this plan. Acquisition and
Plan Date
Number of shares available
during the financial year
Vesting Date
Availability Date
Chairman and CEO
December 22, 2011
Tranche 2
32,500
March 17, 2014
March 17, 2016