273 / 330
9
9
FINANCIAL AND ACCOUNTING INFORMATION
3. Compagnie de Saint-Gobain annual financial statements (parent company)
273
SAINT-GOBAIN
- REGISTRATION DOCUMENT 2016
fulfillment of the performance criteria attached to certain plans:
The table below summarizes information about stock options outstanding at December 31, 2016, after taking into account partial
Exercisable options
Options not yet exercisable
Total options outstanding
Exercise price
(in EUR)
of options
Number
(in months)
residual life
Weighted avg.
(in EUR)
Exercise price
of options
Number
of options
Number
Type of options
2007
64.72
3,403,171
11
-
-
3,403,171
Subscription
2008
25.88
1,702,822
23
-
-
1,702,822
Subscription
2009
36.34
809,868
35
-
-
809,868
Subscription
2010
35.19
-
47
-
-
-
Subscription
2011
31.22
-
59
-
-
-
Subscription
2012
27.71
29,716
71
-
-
29,716
Subscription
2013
-
-
83
38.80
237,250
237,250 see 10.4 above
2014
-
-
95
34.13
234,550
234,550 see 10.4 above
2015
-
-
107
39.47
224,950
224,950 see 10.4 above
2016
-
-
119
40.43
280,000
280,000 see 10.4 above
TOTAL
-
5,945,577
-
-
976,750
6,922,327
-
At December 31, 2016, 5,945,577 stock options were exercisable at an average exercise price of €49.55, and 976,750 options at
an average exercise price of €38.30 had not yet vested.
Performance share plans
10.5
Saint-Gobain since 2009.
Various performance share plans have been set up by
outside France.
employees and senior managers of the Group within and
Directors on November 24, 2016 concerns managerial-grade
Group outside France. The plan approved by the Board of
managerial-grade employees and senior managers of the
Directors in 2013, 2014 and 2015, solely concern certain
December 31, 2016. The plans approved by the Board of
Four performance share plans were outstanding at
be delivered the day after the end of this vesting period.
The vesting period is 4 years for all plans, and the shares will
All plans are subject to service and performance conditions.
as follows:
The change in the total number of performance share rights is
Number of rights
AT DECEMBER 31, 2014
NUMBER OF PERFORMANCE SHARE RIGHTS
2,102,291
in November 2015
performance share rights granted
500,910
shares issued/delivered
(237,810)
lapsed and cancelled rights
(13,510)
AT DECEMBER 31, 2015
NUMBER OF PERFORMANCE SHARE RIGHTS
2,351,881
in November 2016
performance share rights granted
1,231,320
shares issued/delivered
(583,220)
lapsed and cancelled rights
(196,856)
AT DECEMBER 31, 2016
NUMBER OF PERFORMANCE SHARE RIGHTS
2,803,125
advance under the 2013 and 2014 plans.
shares delivered under the 2012 plan and 550 existing shares delivered in
Including 217,115 new shares delivered under the 2011 plan, 365,555 existing
*