Cap Gemini - Registration Document 2016
FINANCIAL INFORMATION
4.2 Consolidated financial statements
2016 International Plans
Maximum number of shares that may be granted
1,721,815 shares
1,721,815 shares
% of share capital at the date of the Board of Directors’ decision
1%
1%
Total number of shares granted
(5) 180,500
(1) 1,663,500 July 26, 2016
Date of Board of Directors’ decision Performance assessment dates
February 17, 2016
Presence condition only
performance conditions Three years for the two
Vesting period
(France) or four years as from the grant date (other countries) 2 years as from the grant date
the grant date (France) or 4 years as from the grant date 3 years and 1 week as from
(other countries)
Mandatory lock-in period effective as from the vesting date (France only)
2 years
2 years
Main market conditions at the grant date Volatility ■
n/a
26.35%
Risk-free interest rate
0.15% -0.03%
0.2% -0.17%
■
4
Expected dividend rate
1.60%
1.60%
■
Other conditions
Performance conditions
Yes (see below)
Yes (see below)
■
Employee presence within the Group at the vesting date ■
Yes
Yes
Monte Carlo for performance shares with external (market) conditions
Pricing model used to calculate the fair value of shares
Range of fair values (in euros) Free shares (per share and in euros) ■
n/a
n/a
55.45 – 57.59
54.02 – 77.1
Performance shares (per share and in euros) ■
Of which corporate officers
-
52.68
Number of shares at December 31, 2015
that may vest under the plan in respect of shares previously granted, subject to conditions (performance and presence) o/w to corporate officers - - granted during the year Number of shares subject to performance and/or presence conditions 180,500 1,663,500 o/w to corporate officers - (1) 42,000 Number of shares forfeited or canceled during the year 6,600 10,900 Number of shares vested during the year
Number of shares at December 31, 2016
that may vest under the plan in respect of shares previously granted, subject to conditions
(performance and presence)
(6) 173,900
(7) 1,652,600
Weighted average number of shares Share price at the grant date (in euros)
155,050
689,492
71.61
83.78
Grant subject to performance conditions only, (1) In respect of the “foreign” plan only, (2)
Balance on the “French” plan granted in August 2016 subject to performance and presence conditions at this date, (3) Of which 354,750 shares in respect of the “French” plan and 688,200 shares in respect of the “foreign” plan, (4) Grant subject to presence conditions only for beneficiaries employed by IGATE, acquired on July 1, 2015, (5) Of which 7,500 shares in respect of the “French” plan and 166,400 shares in respect of the “foreign” plan, (6) Of which 453,350 shares in respect of the “French” plan and 1,119,250 shares in respect of the “foreign” plan. (7)
191
Registration Document 2016 — Capgemini
Made with FlippingBook