EURAZEO_REGISTRATION_DOCUMENT_2017
3 GOVERNANCE (In euros)
Compensation and other benefits received by corporate officers
2017
2016
Patrick Sayer – Chairman of the Executive Board * Compensation due for the fiscal year (see Table 2) Value of options granted during the fiscal year (see Table 4)
2,468,453 1,825,456
357,178
350,357
Value of free shares granted during the fiscal year (see Tables 6 and 6a)
840,822 1,097,542 3,666,453 3,273,355
TOTAL
*
Until March 18, 2018.
Amounts for 2017
Amounts for 2016
Paid (2)
Payable (1) 920,000
Paid (2)
Patrick Sayer
Payable (1) 1,070,000 1,353,918
Fixed compensation
1,070,000
920,000 885,040
Annual variable compensation
809,595
861,700
Special payments Attendance fees (3) Benefits in kind (4)
-
-
-
-
124,802 44,535
176,864 44,535
139,364 43,756
81,083 43,756
TOTAL
2,468,453
2,100,994
1,825,456
1,929,879
Variable compensation payable in respect of a given fiscal year is paid in the next fiscal year. (1) Variable compensation paid in a given fiscal year is that payable in respect of the previous fiscal year. (2)
Attendance fees received in respect of Directorships held in investments in respect of a given fiscal year are deducted from variable compensation (3) payable in respect of the same fiscal year, subject to differences in taxation and social security contributions. Attendance fees payable in respect of a given fiscal year are generally pad by the companies concerned in the following fiscal year. Company car and senior executive insurance. (4)
TABLE 4 – SHARE SUBSCRIPTION OR PURCHASE OPTIONS GRANTED TO EACH EXECUTIVE CORPORATE OFFICER DURING THE FISCAL YEAR BY THE ISSUER OR ANY GROUP COMPANY
Value of options using the method applied in the consolidated financial statements
Number of options granted during the
Plan number
and date Type of options
fiscal year (1) Strike price (2) Exercise period
01/31/2017 –
01/31/2021 – 01/31/2027
Patrick Sayer (3)
2017 Plan Purchase options
357,178
52,088
€54.06
Number of options granted before any adjustment linked to share capital transactions. (1) Adjusted for share capital transactions. (2) Progressive vesting by tranche: one-half in 2019, third-quarter in 2020 and final quarter in 2021. (3)
TABLE 5 – SHARE SUBSCRIPTION OR PURCHASE OPTIONS EXERCISED BY EACH EXECUTIVE CORPORATE OFFICER DURING THE FISCAL YEAR
Number of options exercised during the fiscal year
Options exercised by each executive corporate officer
Plan number and date 06/02/2009 – 2009 Plan
Strike price
Year granted
Patrick Sayer
24,854
€21.27
2009
172
2017 Registration document
Eurazeo
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