304 / 334
G
Corporate governance and capital
G.7
Common stock evolution and performance
Trusted partner for your Digital Journey
304
Potential common stock
G.7.7.7
Potential dilution
new shares, representing 2.98% of the share stock before dilution. This dilution could come from the exercise of stock subscription
options granted to employees or from the acquisition of performance shares, as follows:
Based on 104,908,679 outstanding shares as of December 31, 2016, the share capital of the Group could be increased by 3,128,274
(in shares)
December
31, 2016
December
31, 2015
Change
%dilution
Number of shares outstanding
104,908,679
103,519,242
1,389,437
From stock subscription options
648,629
1,294,524
-645,895
0.62%
From performance shares
2,479,645
2,080,335
399,310
2.36%
Potential dilution
3,128,274
3,374,859
-246,585
2.98%
TOTAL POTENTIAL COMMON STOCK
108,036,953
106,894,101
1,142,852
December 31, 2016).
On the total of 648,629 of stock options, no option had a price of exercise higher than € 100.25 (year-end stock price as of
Stock options evolution
Number of stock subscription options at December 31, 2015
1,294,524
Stock subscription options granted in 2016
-
Stock subscription options exercised in 2016
496,607
Stock subscription canceled or forfeited in 2016
149,288
Number of stock subscription options at December 31, 2016
648,629
As of December 31, 2016, the total of stock options granted by the Group are all exercisable and in the money.